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…
By Ritu, Capital Sands European shares traded near all-time highs on Tuesday in a holiday-shortened week, helped by optimism about the global economic outlook amid progress in U.S.-China trade talks. The pan-European STOXX 600 index was nearly unchanged ….
By Ritu, Capital Sands Stating that democracy in India is under threat from the BJP-led government at the Center, West Bengal Chief Minister Mamata Banerjee wrote to chief ministers and senior leaders belonging to opposition parties urging them to…
By Ritu, Capital Sands European shares dipped slightly on Monday after nearing a record high in the previous session, as trading thinned ahead of the Christmas and Boxing Day holidays later in the week. The pan-European STOXX 600 index…
By Ritu, Capital Sands The White House on Sunday signaled comfort with plans by Senate Republicans to avoid new witnesses in President Donald Trump’s impeachment trial, while a top Democrat seized on a newly released email on the withholding…