Author: Ritu
Oil prices slip as weak China exports highlight trade war impact
By Ritu, Capital Sands Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage bei... Read More
Dollar bolstered by U.S. jobs data, markets look to trade talks
By Ritu, Capital Sands. The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in... 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