By Ritu, Capital Sands China’s Vice Premier Liu He, head of the country’s negotiation team in Sino-U.S. trade talks, will sign a “Phase 1” deal…
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Category: Political News
Safe-haven currencies retreat as U.S., Iran seen defusing crisis
By Ritu, Capital Sands The Japanese yen and Swiss franc retreated on Thursday as the United States and Iran backed away from the brink of…
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Oil Prices Up After Iran Attacks Two U.S.-Iraqi Airbases, Sparking More Conflicts
By Ritu, Capital Sands Oil prices jumped on Wednesday in Asia after Iran attacked two U.S.-Iraqi airbases in response to a U.S. airstrike that killed…
View More Oil Prices Up After Iran Attacks Two U.S.-Iraqi Airbases, Sparking More Conflicts
Swiss franc holds gains, yen steady as traders eye Iran
By Ritu, Capital Sands The Swiss franc held gains against the dollar on Tuesday as traders sought save-havens amid heightened anxiety about potential Iranian retaliation…
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BNP Joins JPMorgan in Setting Up Singapore Currency Trading Hub
By Ritu, Capital Sands BNP Paribas is planning to join JPMorgan Chase & Co. and Citigroup Inc . by setting up an electronic currency trading…
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Asian Markets Fall Amid Escalating Middle East Tensions, Trade War Uncertainties
By Ritu Capital Sands Asian equities traded mostly lower in morning trade on Monday amid heightened geopolitical tensions in the Middle East, and uncertainties surrounding…
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Yuan hits multi-month highs as economy shows signs of stabilization
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.…
View More Yuan hits multi-month highs as economy shows signs of stabilization
Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia
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…
View More Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia
Dollar trims annual gains in low volatility year, more action seen in 2020
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…
View More Dollar trims annual gains in low volatility year, more action seen in 2020
Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes
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…
View More Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes