By Ritu, Capital Sands Oil prices jumped on Wednesday in Asia after Iran attacked two U.S.-Iraqi airbases in response to a U.S. airstrike that killed a...
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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...
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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...
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German unemployment rises more than expected in December
By Ritu, Capital Sands German unemployment rose more than expected in December, data showed on Friday, adding to signs that weakness in the manufacturing sector...
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Yuan hits multi-month highs as economy shows signs of stabilization
By Ritu, Capital Sands The Chinese Yuan hit almost five-month highs and the USD continued to retreat on the last day of the year in Asia. The U.S. dollar...
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Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia
By Ritu, Capital Sands Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel...
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Dollar trims annual gains in low volatility year, more action seen in 2020
By Ritu, Capital Sands The dollar was on the defensive on Monday in light year-end trading after suffering a setback the previous session, as hopes of...
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Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes
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...
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Trade optimism puts floor on dollar/yen, boosts Aussie
By Ritu, Capital Sands The dollar hovered near a six-month high versus the Japanese yen while the Australian dollar climbed to its strongest since July on...
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European shares edge lower ahead of Christmas holiday break
By Ritu, Capital Sands European shares dipped slightly on Monday after nearing a record high in the previous session, as trading thinned ahead of the...
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