By Ritu, Capital Sands Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline and set to stoke…
Category: Forex Analysis
By Ritu, Capital Sands Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. The pound rallied for a second day amid optimism a speedy resolution to the Brexit deadlock is in store after…
By Ritu, Capital Sands Asian markets were mixed on Monday morning in Asia as U.S. Trade Representative Robert Lighthizersaid the phase one Sino-U.S. trade deal is “totally done,” but no date is set for the next phase two talks. China’s…
By Ritu, Capital Sands Britain’s economy will cast off some of the Brexit uncertainty that has held it back since 2016 after Prime Minister Boris Johnson’s election triumph, but the risk remains of another “cliff-edge” showdown with Brussels in…
By Ritu Capital Sands The pound rose to a three-and-a-half year high versus the euro and the highest in more than a year versus the dollar after exit polls suggested a win for the Conservatives, which should help ensure the…
By Ritu, Capital Sands European stocks found their feet again on Wednesday after the Federal Reserve signalled that it’s likely to remain on hold throughout next year, seemingly convinced that historically low jobless rates won’t create enough inflationary pressure…
By Ritu, Capital Sands The U.S. dollar slipped on Thursday in Asia after the Federal Reserve kept interest rates on hold, suggesting that the current path of monetary policy was “appropriate” to support economic growth and would likely remain in…
By Ritu, Capital Sands The British pound slipped early on Wednesday after a poll showed a narrowing lead for Prime Minister Boris Johnson’s Conservative Party in an election later in the week, while U.S. dollar movement looked to the Federal…
By Ritu, Capital Sands No expectation for a change in the fed funds target rate. US economy has strengthened since the October FOMC. Market interest will be on the Fed’s rate and GDP estimates for 2020 and 2021. The Federal…
By Ritu, Capital Sands Stocks fell in Europe while U.S. equity-index futures fluctuated in the countdown to major central bank meetings and a deadline on fresh China tariffs. Treasuries and the dollar were steady. The Stoxx Europe 600 Index…