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EU ministers to approve negotiating mandate for UK trade talks
By Ritu, Capital Sands European Union governments were expected to adopt a negotiating mandate on Tuesday for the tricky task of reaching a deal with Britain on future ties after it left the bloc last... Read More
Euro zone GDP slows as expected in fourth-quarter, but employment beats consensus
By Ritu, Capital Sands Euro zone economic growth slowed as expected in the last three months of 2019 as gross domestic product shrank in France and Italy against the previous quarter, but employment g... Read More
Display criminal antecedents of candidates, give reason for selection: SC tells political parties
By Ritu, Capital Sands The Supreme Court directed political parties to upload details candidates with criminal antecedents and the reason for their selection on their official websites, as per News18 ... Read More
India may issue $5 billion of bonds next year with no foreign investment cap, sources say
By Administrator_India, Capital Sands India is likely to issue at least $5 billion worth of bonds with no limits on foreign investment next year, in a bid to list the bonds on global indices and att... Read More
European shares inch higher on Brexit relief; Coronavirus fears cap gains
By Administrator_India, Capital Sands European shares opened a tad higher on Monday as investors were relieved that the UK finally exited the EU, although concerns over the growing Chinese coronavir... Read More
India’s pollution regulator ponders coal plant penalties
By Administrator_India, Capital Sands Authorities are assessing how seriously to punish the operators of coal-fired plants around New Delhi that missed a year-end deadline to fit equipment to curb ... Read More
Cigarette-maker Godfrey Phillips, other KK Modi businesses up for sale, says Lalit Modi
By Administrator_India, Capital Sands All assets owned by late industrialist KK Modi, including cigarette-maker Godfrey Phillips, are up for sale, his son Lalit Modi confirmed on January 27. Godfre... Read More
German business morale falls unexpectedly in January: Ifo
By Administrator_India, Capital Sands German business morale deteriorated unexpectedly in January as the outlook darkened, a survey showed on Monday, suggesting that Europe’s largest economy g... Read More
U.S. weekly jobless claims rise modestly; labor market tight
By Administrator_India Capital Sands The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continues to tighten even as job growt... Read More
Iran has not ruled out talks to end nuclear dispute, says official
By Ritu, Capital Sands Iran said on Monday that it had not closed the “door to negotiations” in efforts to resolve a dispute over its nuclear agreement with world powers that has escalated steadil... Read More
U.S. Dollar, CNY steady after trade deal
By Ritu, Capital Sands The dollar and the Chinese yuan remained steady a day after China and the U.S. signed a phase one trade deal aimed at easing tensions between the two largest economies in the ... Read More
Stocks – Europe Up; FTSE Underperforms as Pearson Weighs
By Ritu, Capital Sands European stock markets traded up after the open Thursday, taking their lead from the positive close on Wall Street overnight after the signing of the trade deal between the U.S.... Read More
Government plans new law to safeguard foreign investment says report
By Ritu, Capital Sands The government is planning a new law to safeguard foreign investment by speeding up dispute resolution, aiming to attract more capital from overseas to boost stuttering domest... Read More
Bitcoin is up 20% so far this year and one expert predicts it could hit $16,000 by year end
By Ritu, Capital Sands Bitcoin has recorded its best start to the year since 2012. Optimism has returned to the market following a crash after the 2017 record high. Bitcoin was trading at around $8,6... Read More
Michael Patra appointed deputy governor of RBI for a three-year term
By Ritu, Capital Sands Michael Debabrata Patra, 59, has been appointed the Reserve Bank of India (RBI) deputy governor for three years. The post fell vacant after Viral Acharya resigned on July 23 las... Read More
Pound on Longest Losing Streak Since May on BOE Easing Talk
By Ritu, Capital Sands The pound extended its decline to the longest run in eight months as speculation of an imminent Bank of England interest-rate cut increased. Sterling fell as much as 0.3% agains... Read More
Asian Markets Rise as U.S. Drops China’s Currency Manipulator Label
By Ritu, Capital Sands Asian stocks rose in morning trade on Tuesday after the U.S. dropped China’s currency manipulator label, saying that it has made “enforceable commitments” not to devalue t... Read More
Sterling Slips vs Dollar, Euro as Vlieghe Fuels Rate Hopes
By Ritu, Capital Sands The dollar opened the week stronger against the pound sterling and the Japanese yen, but weaker against the euro, with markets still unsettled by the weak labor market report... Read More
ECONOMIC CALENDAR – TOP 5 THINGS TO WATCH THIS WEEK
By Ritu, Capital Sands U.S. and China to bury the trade hatchet Chinese Vice Premier Liu He will visit Washington to sign the Phase 1 trade deal with the U.S. on Wednesday, which will deescalate the t... Read More
SAFEST FOREX BROKERS 2020
Are you interested in forex trading and want to learn more about forex scam, commodity fraud, and other investment scams or just interested in reading those spectacular stories? Then this is the right... Read More
China’s Vice Premier Liu to sign U.S. trade deal in Washington next week
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 in Washington next week, the com... Read More
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 further conflict in the Middle East. U.S. President Donald Tru... Read More
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 to a U.S. drone strike that ki... Read More
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 and pricing platform in Singapore. The facility wil... Read More
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 the singing of the Sino-U.S.... Read More
Oil hovers near three-month high on trade optimism supply cuts
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 ... Read More
Pound Gains on Brexit Optimism as Focus Shifts to Trade Talks
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 th... Read More
Asian Markets Mixed as Lighthizer Says No Date is Set for Phase Two Talks
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 se... Read More
Brexit relief for UK economy might not last long
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... Read More
Sterling sparkles after election poll Yuan up on trade deal reports
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 Conservative... Read More
StockBeat: Dovish Fed, Dominant Tories Push Europe Markets Higher
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 tha... Read More
U.S. Dollar Slips After Fed; Pound Gains Ahead of ECB Meeting, Election
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 “appropriateR... Read More
Pound slips on UK poll projections, dollar eyes Fed
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, w... Read More
Federal Reserve Interest Rate Decision December 10-11 Preview: Watching for the Projection Materials
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 2... Read More
Dollar steadies as investors brace for key risk events
By Ritu, Capital Sands The dollar and yen held the safe-haven high ground on Tuesday, with investors on edge ahead of a looming tariff deadline, the UK election and upcoming central bank meetings in E... Read More
Good, Bad and Ugly: Decisive Week May Set Course for Currencies
By Ritu, Capital Sands The next week could set the tone for the $6.6 trillion-a-day currency market in 2020.The geopolitical risks that have shaped foreign exchange this year — Brexit and the U.S.-C... Read More
Asian Markets Gain Ahead of U.S. Nonfarm Payrolls Data
By Ritu, Capital Sands Asian markets gained in morning trade on Friday ahead of the release of U.S. nonfarm payrolls data for November due later in the day stateside. China’s Shanghai Composite wa... Read More
OPEC and allies prepare to deepen oil output cuts
By Ritu, Capital Sands OPEC and its allies led by Russia were moving closer on Thursday to agreeing to deeper oil supply cuts next year to support crude prices and prevent a glut, sources from OPEC an... Read More
Asian currencies fueled by new trade optimism
By Ritu, Capital Sands Asian currencies made something of a comeback on Thursday morning in Asia as optimism about a possible trade deal between China and the US returned. The USD was lost a little gr... Read More
Forex – Dollar Near 1-Month Lows as Trade War Fears Ramp Up
By Ritu, Capital Sands The U.S. dollar was trading near one-month lows on Wednesday after U.S. President Donald Trump warned a trade deal with China might not come until after the 2020 presidential el... Read More
Gold Prices Up; Trade Deal Might Come After 2020 Election
By Ritu, Capital Sands Gold prices were supported by a fresh round of uncertainty of the US-China trade deal on Wednesday morning in Asia. The precious metal still hovered near a three-week high above... Read More
France and EU ready to fight back over U.S. tariff threat, ministers say
By Ritu, Capital Sands France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday. On Monday, the U.S. go... Read More
Gold trades marginally lower, awaiting trade talk cues
By Ritu, Capital Sands Gold traded marginally lower on Tuesday morning in Asia, hovering around the $1,468 range as the U.S. and China are still in talks for ‘deal or no deal.’ Gold Futures contra... Read More
Oil jumps on Chinese factory growth, hopes for deeper OPEC cuts
By Ritu, Capital Sands Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand and hints that OPEC may deepen output cuts at its mee... Read More
USD/CHF Technical Analysis: Sellers focused on spinning top near multi-week high
By Ritu, Capital Sands USD/CHF declines after registering a bearish candlestick formation the previous day. Buyers look for sustained trading beyond 1.0000 psychological magnet. 200-day SMA can please... Read More
Yen gains Yuan falls as Hong Kong tensions muddy trade progress
By Ritu, Capital Sands The safe-haven yen rose against the dollar after U.S. President Donald Trump signed into law support for anti-government protesters in Hong Kong, which could complicate efforts ... Read More
Asian shares climb on Trump trade deal comments
By Ritu, Capital Sands Asian shares rose on Wednesday as upbeat signals from Sino-U.S. trade talks fanned hopes of an easing of tariff hostilities, while expectations the Federal Reserve will keep int... Read More
Dollar hits 1-week high on yen as U.S.-China trade deal hopes rise
By Ritu, Capital Sands The dollar held an upper hand against the yen on Tuesday as optimism on a trade deal between the United States and China dented the allure of the safe-haven unit while the Briti... Read More
Asia shares regain footing as mood swings on trade
By Ritu, Capital Sands Asian shares made guarded gains on Monday as investors dared to hope for some progress in the endless Sino-U.S. trade dispute, while the outperformance of recent U.S. economic d... Read More
Dollar slips as Chinese comments marginally boost risk appetite
By Ritu, https://capitalsands.com/ The dollar was marginally down on Friday and risk appetite boosted by statements from China on the need to find a solution to the tit-for-tat tariff war with the Uni... Read More
Oil falls from 2-month high as U.S.-China trade doubts dominate
By Ritu, Capital Sands Oil prices were toppled from their highest in nearly two months on Friday by doubts over future demand for crude as uncertainty continues to shroud a potential U.S.-China trade ... Read More
Peace talks between Russia and Ukraine have been suspended due to an impasse in the process
Negotiations on a solution to the current war have been postponed, according to Russian and Ukrainian authorities, because the process has reached an impasse. He also stated that Ukraine has not respo... Read More
For utilising NHS data of 1.6 million people in the UK, Google is facing a class-action lawsuit
Google is facing a class-action lawsuit in the United Kingdom for allegedly utilizing 1.6 million people’s medical records for its DeepMind artificial intelligence business. According to TechCru... Read More
Assam floods: 57,000 people impacted across seven districts; 202 homes destroyed
According to an official statement, the recent floods in Assam have affected almost 57,000 people across seven districts. Almost 222 villages and 10321 people are impacted by the floods in 15 revenue ... Read More
The uncertain wheat crop in China raises concerns about the global economy
Floods and severe lockdowns in China have hampered farming to the point where the country’s winter wheat harvest, which begins next month, remains one of the biggest unknowns in a global economy... Read More
On dismal Q4 results, Punjab National Bank drops 10% and reaches a 52-week low
Punjab National Bank (PNB) shares hit a 52-week low of Rs 29.90 on the BSE on Thursday at 09:32 a.m., frozen at the 10% lower circuit, as the state-owned lender’s standalone net profit fell 66 p... Read More
To protect the rupee, the RBI may be cautious about spending FX reserves
When the Federal Reserve tightens, the Reserve Bank of India tries to defend its currency once more. Analysts expect it to launch a more limited defense this time, geared at fighting off the worst of ... Read More
Oil prices have dropped over 1% due to global economic concerns and a strong dollar
On Tuesday, oil prices fell more than 1%, continuing the previous day’s severe drop, as coronavirus lockdowns in China’s main oil importer, a strong dollar, and mounting recession threats ... Read More
10 gramme of gold costs Rs 51,710, while silver costs Rs 62,500 per kilo
On Monday, the price of 10 grammes of 24-carat gold remains unchanged from yesterday’s rate of Rs 51,710, and the price of 1 kg silver remains stable from Sunday, at Rs 62,500 per kg. The price ... Read More
As electricity demand rises, the government orders all imported-coal facilities to operate at maximum capacity
To address India’s ongoing power crisis, the Centre has invoked Section 11 of the Electricity Act, requiring all imported coal-based projects to generate power at full capacity, according to a s... Read More