By Ritu, Capital Sands Europe’s stock markets opened lower again on Wednesday, as corporate warnings of hits from the coronavirus outbreak added to growing signs of it spreading within Europe …
Europe Opens Down Again on Diageo, Danone Virus Warnings Read More
By Ritu, Capital Sands The dollar regained ground against a currency basket on Monday as a surge in new cases of coronavirus globally, most notably in Italy, renewed concerns over …
Dollar Regains Ground as Coronavirus Spreads Globally Read More
By Administrator_India, Capital Sands U.S. House Democrats on Wednesday will unveil a proposed $760 billion infrastructure spending bill over five years that aims to rebuild sagging roads and bridges and …
House Democrats call for $760 billion in infrastructure spending over five years Read More
By Ritu, Capital Sands The U.S. dollar was largely flat in European trading Monday, with the U.S. holiday providing little incentive for traders to take risks. That said, the greenback …
Dollar Calm; Retains Strength Against Main Rivals Read More
By Ritu, Capital Sands Chancellor Angela Merkel clinched a deal to kickstart Germany’s stalled coal exit, offering billions in compensation to utilities and coal regions so that closures of plants …
Merkel Spends Big to Kickstart Germany’s Stalled Coal Exit Read More
By Ritu, Capital Sands A tone of caution prevails in the foreign exchange markets Wednesday, ahead of the signing of the much-awaited trade deal between U.S. and China. the safe-haven …
Forex – Markets Calm; Sterling Awaits Inflation Data Read More
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 …
Pound on Longest Losing Streak Since May on BOE Easing Talk Read More
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 …
Sterling Slips vs Dollar, Euro as Vlieghe Fuels Rate Hopes Read More
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 world’s no. 1 economy even …
Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes Read More 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 …
Oil hovers near three-month high on trade optimism, supply cuts Read More