By Ritu, Capital Sands Bret crude futures jumped close to $3 on Friday to their highest since September after a U.S. air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil…
By Ritu, Capital Sands India stocks advanced, extending gains for a second day on the expectation that the government’s plans to spend big will haul the country out of its economic woes. The S&P BSE Sensex 50 climbed 0.3% to 41,419.41 at…
By Ritu, Capital Sands European shares looked set to end the decade with a whimper on Tuesday as investors locked in gains after a record rally that was fueled by optimism around trade and easing fears of a global recession….
By Ritu, Capital Sands The Chinese Yuan hit almost five-month highs and the USD continued to retreat on the last day of the year in Asia. The U.S. dollar index was down 0.06% to 96.69 , continuing a multi-day slide. The People’s Bank…
By Ritu, Capital Sands Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world’s biggest oil producer, sanctions that crippled crude exports of…
By Ritu, Capital Sands The dollar was on the defensive on Monday in light year-end trading after suffering a setback the previous session, as hopes of a U.S.-China trade deal lifted investors’ risk appetite, sapping safe-haven demand for the greenback….
By Ritu, Capital Sands Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in the world’s no. 1 economy even before the hoped-for end to the trade war between Washington…
By Ritu, Capital Sands The dollar hovered near a six-month high versus the Japanese yen while the Australian dollar climbed to its strongest since July on Friday, buoyed by easing Sino-U.S. trade tensions. The optimism around prospects for a trade…
By Ritu, Capital Sands Oil prices rose on Thursday, buoyed by a potential breakthrough in the Sino-U.S. trade war and OPEC-led efforts to constrain supply, although trading was quiet as many markets were in holiday mode. Brent crude was…
By Ritu, Capital Sands 1. No end in sight to the U.S.-China struggle for supremacy The trade war between the U.S. and China, which hobbled the world economy almost single-handedly in 2019 is likely to leave deep…