Stocks hit record high as Joe Biden, vaccine lift global prospects
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Asia shares regain footing as mood swings on trade

By Ritu Capital Sands Asian shares made guarded gains on Monday as investors dared to hope for some progress in the endless Sino-U.S. trade dispute, while the out performance of recent U.S. economic data gave the dollar a leg up on its peers. MSCI’s broadest index of Asia-Pacific shares outside Japan bounced 0.8%, after losing […]

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Dollar slips as Chinese comments marginally boost risk appetite

By Ritu, Capital Sands The dollar was marginally down on Friday and risk appetite boosted by statements from China on the need to find a solution to the tit-for-tat tariff war with the United States, raising hopes that a “phase one” deal could be reached. Chinese President Xi Jinping said Beijing wants to work out […]

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Oil falls from two-month high as U.S.-China trade doubts dominate

By Ritu https://capitalsands.com/   Oil prices were toppled from their highest in nearly two months on Friday by doubts over future demand for crude as uncertainty continues to shroud a potential U.S.-China trade deal, and along with it the health of the global economy. That was more than enough to offset news of a likely […]