Forex – Yuan Pushes Higher After Data Release
By Ritu, Capital Sands The Chinese yuan is flying Friday, climbing to six month highs against the U.S. dollar in…
- Dubai
- January 17, 2020
- Dubai
- January 17, 2020
China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note
By Ritu, Capital Sands China’s economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising…
- Dubai
- January 16, 2020
Merkel Spends Big to Kickstart Germany’s Stalled Coal Exit
By Ritu, Capital Sands Chancellor Angela Merkel clinched a deal to kickstart Germany’s stalled coal exit, offering billions in compensation…
- Dubai
- January 16, 2020
Ruble Slides as Putin Announces Government’s Resignation
By Ritu, Capital Sands The ruble fell on Wednesday after President Vladimir Putin announced the resignation of the Russian government.…
- Dubai
- January 15, 2020
Forex – Markets Calm; Sterling Awaits Inflation Data
By Ritu, Capital Sands A tone of caution prevails in the foreign exchange markets Wednesday, ahead of the signing of…
- Dubai
- January 15, 2020
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…
- Dubai
- January 14, 2020
Pound on Longest Losing Streak Since May on BOE Easing Talk
By Ritu, Capital Sands The pound extended its decline to the longest run in eight months as speculation of an…
- Dubai
- January 14, 2020
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,…
- Dubai
- January 13, 2020
Sterling Slips vs Dollar, Euro as Vlieghe Fuels Rate Hopes
By Ritu, Capital Sands The dollar opened the week stronger against the pound sterling and the Japanese yen, but weaker against the euro,…
- Dubai
- January 13, 2020
Economic Calendar – Top 5 Things to Watch This Week
By Ritu, Capital Sands U.S. and China to bury the trade hatchet Chinese Vice Premier Liu He will visit Washington…