European shares inch higher on Brexit relief; Coronavirus fears cap gains Best ECN trader in India Best Forex trader in India Best MT5 Broker in India Commodity Trader

European stocks grind higher in pre-holiday trading

  • December 19, 2019
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By Ritu, Capital Sands   European shares edged higher on Thursday, with a pre-holiday lull making for a quiet trading session aside from a handful of corporate updates. The pan-European STOXX 600 rose 0.2% by 0821 GMT, with media, healthcare and utilities sectors leading gains. All eyes will turn to the Bank of England’s monetary policy […]

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In historic moment U.S. House impeaches Donald Trump for abuse of power

  • December 19, 2019
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By Ritu, Capital Sands   Donald Trump became the third U.S. president to be impeached on Wednesday, as the House of Representatives formally charged him with abuse of power in a historic step that will inflame partisan tensions across a deeply divided America. The Democratic-led House passed the abuse of power article of impeachment on […]

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Stocks Fluctuate Treasuries Edge Up; Pound Slips: Markets Wrap

  • December 18, 2019
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By Ritu, Capital Sands   European stocks edged higher on Wednesday while U.S. equity futures fluctuated and Asian shares were mixed. Bonds also nudged upward while the pound extended its decline. The Stoxx Europe 600 Index traded slightly higher as most national benchmarks in the region were in the green. Luxury TV and stereo maker Bang […]

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Japan to trim annual government bond issuance next fiscal year – sources

  • December 18, 2019
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By Ritu, Capital Sands   Japan plans to trim government bond issuance by 0.5% next fiscal year from current year’s levels, government officials said on Wednesday, as Prime Minister Shinzo Abe walks a fine line between supporting an economy and reining in huge public debt. The drop would mark the seventh straight year of declines […]

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Trump ratings highest ever over economics despite impeachment proceedings

  • December 17, 2019
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By Ritu, Capital Sands   Strong economic figures have helped US President Donald Trump to his highest approval ratings ever, despite impeachment, a new poll found Monday. Although the Quinnipiac University survey said Trump has a high of 43 per cent for his job approval, that is still far below nearly all previous presidents in modern times […]

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Oil hovers near three-month high on trade optimism supply cuts

  • December 17, 2019
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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 in the pipeline and set to stoke oil demand in the world’s biggest economies. Brent crude oil futures  had slipped by […]

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Pound Gains on Brexit Optimism as Focus Shifts to Trade Talks

  • December 16, 2019
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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 the Brexit deadlock is in store after the Conservative Party’s election victory. Sterling advanced against all its major peers after Chief Secretary […]

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Asian Markets Mixed as Lighthizer Says No Date is Set for Phase Two Talks

  • December 16, 2019
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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 set for the next phase two talks. China’s Shanghai Composite slipped 0.1% by 11:35 PM ET, while the Shenzhen Component gained 0.6%. Hong Kong’s Hang […]

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Brexit relief for UK economy might not last long

  • December 13, 2019
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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 risk remains of another “cliff-edge” showdown with Brussels in a year’s time. With Britain’s exit from the European Union on Jan. 31 now a […]

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Sterling sparkles after election poll Yuan up on trade deal reports

  • December 13, 2019
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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 Conservatives, which should help ensure the UK’s smooth exit from the European Union. The Chinese yuan rose in offshore trade and the […]