Tag: Forex Trade with Capital Sands
U.S. crude falls below $30 as Fed move fails to calm markets
By Ritu Capital Sands U.S. crude fell below $30 on Monday as emergency rate cuts by the U.S. Federal Reserve and its global counterparts failed to tame markets and China’s factory output plunge... Read More
Bharti Infratel extends deadline for merger with Indus Towers by 2 months
By Ritu, Capital Sands Bharti Infratel on Monday extended the deadline for its merger with Indus Towers by two more months to April 24, but cautioned that final call on scheme implementation will be ... 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
Hong Kong Exchange Fund’s 2019 investment income rises to second-highest on record
By Administrator_India, Capital Sands Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$247.2 billion ($31.8 billion) in 2019, the second high... 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
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
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
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