By Ritu, Capital Sands Britain’s economy will cast off some of the Brexit uncertainty that has held it back since 2016 after Prime Minister Boris Johnson’s election triumph, but the risk remains of another “cliff-edge” showdown with Brussels in a year’s time. With Britain’s exit from the European Union on Jan. 31 now a foregone […]
By Ritu, Capital Sands The pound rose to a three-and-a-half year high versus the euro and the highest in more than a year versus the dollar after exit polls suggested a win for the Conservatives, which should help ensure the UK’s smooth exit from the European Union. The Chinese yuan rose in offshore trade and the Japanese […]
By Ritu, Capital Sands European stocks found their feet again on Wednesday after the Federal Reserve signalled that it’s likely to remain on hold throughout next year, seemingly convinced that historically low jobless rates won’t create enough inflationary pressure to warrant a rate hike. By 5 AM ET (1000 GMT), the benchmark Stoxx 600 was up 0.3% […]
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 “appropriate” to support economic growth and would likely remain in place through next year. The U.S. dollar index that tracks the greenback against a basket […]
By Ritu, Capital Sands The British pound slipped early on Wednesday after a poll showed a narrowing lead for Prime Minister Boris Johnson’s Conservative Party in an election later in the week, while U.S. dollar movement looked to the Federal Reserve’s policy meeting. Investors were also focusing on what U.S. President Donald Trump will do […]
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 2020 and 2021. The Federal Reserve will finish its scheduled two day meeting of the Federal Reserve Open Market Committee […]
By Ritu, Capital Sands Stocks fell in Europe while U.S. equity-index futures fluctuated in the countdown to major central bank meetings and a deadline on fresh China tariffs. Treasuries and the dollar were steady. The Stoxx Europe 600 Index opened lower for a second day as almost every industry sector traded in the red. Contracts […]
By Ritu, Capital Sands The dollar and yen held the safe-haven high ground on Tuesday, with investors on edge ahead of a looming tariff deadline, the UK election and upcoming central bank meetings in Europe and the United States. Front of mind is whether Washington will go ahead with a fresh round of tariffs on […]
By Ritu, Capital Sands Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-U.S. trade war. Brent futures (LCOc1) were down 21 cents, or 0.3%, at $64.18 per barrel, after gaining […]
By Ritu, Capital Sands. The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. The dollar index stood almost flat at 97.706 in mid-Asian trade, after rising 0.3% on Friday. The euro traded […]
By Ritu, Capital Sands The next week could set the tone for the $6.6 trillion-a-day currency market in 2020.The geopolitical risks that have shaped foreign exchange this year — Brexit and the U.S.-China trade war — are approaching a critical point, according to Credit Agricole SA. The U.K. will vote for a government on Thursday […]
By Ritu, Capital Sands The U.S. dollar was unchanged on Friday in Asia as traders awaited the release of the latest U.S. job report, which is due at 8:30 AM ET (13:30 GMT). The U.S. dollar index that tracks the greenback against a basket of other currencies was unchanged at 97.380 by 1:30 AM ET (05:30 GMT). […]
By Ritu, Capital Sands Asian markets gained in morning trade on Friday ahead of the release of U.S. nonfarm payrolls data for November due later in the day stateside. China’s Shanghai Composite was little changed by 10:35 PM ET (02:35 GMT), while the Shenzhen Component inched up 0.2%. Japan’s Nikkei 225 rose 0.3% after the country’s Prime Minister Shinzo […]
By Ritu, Capital Sands Asian currencies made something of a comeback on Thursday morning in Asia as optimism about a possible trade deal between China and the US returned. The USD was lost a little ground and the Australian dollar stopped a multi-day slide even as the Yuan continued to slide. On Wednesday US President Donald Trump […]
By Ritu, Capital Sands The U.S. dollar was trading near one-month lows on Wednesday after U.S. President Donald Trump warned a trade deal with China might not come until after the 2020 presidential election and threatened to escalate his trade war with other nations. The U.S. dollar index against a basket of six major currencies was […]
By Ritu, Capital Sands France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday. On Monday, the U.S. government said it may impose punitive duties of up to 100% on $2.4 billion of imports from France, including champagne, handbags, cheese […]
By Ritu Capital Sands Gold traded marginally lower on Tuesday morning in Asia, hovering around the $1,468 range as the U.S. and China are still in talks for ‘deal or no deal.’ Gold Futures contracts traded at $1,467.95 by 10:00 PM ET (03:00 GMT), down 0.09%. Talks of a possible “phase one” deal between the world’s […]
By Ritu Capital Sands Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year. Brent crude futures rose 74 cents, or 1.2%, to $61.23 a barrel […]
By Ritu Capital Sands USD/CHF declines after registering a bearish candlestick formation the previous day. Buyers look for sustained trading beyond 1.0000 psychological magnet. 200-day SMA can please sellers during further downside. USD/CHF drops to 0.9985 during the early trading session on Friday. That said, the pair formed a bearish “Spinning Top” candlestick formation while taking a […]
By Ritu Capital Sands The safe-haven yen rose against the dollar after U.S. President Donald Trump signed into law support for anti-government protesters in Hong Kong, which could complicate efforts to end the U.S.-China trade war. That caused the yuan to fall in offshore trade on mounting worries that months of often violent protest against […]
By Ritu Capital Sands Asian shares rose on Wednesday as upbeat signals from Sino-U.S. trade talks fanned hopes of an easing of tariff hostilities, while expectations the Federal Reserve will keep interest rates low supported sentiment. The positive mood pushed Wall Street indexes to fresh record closing highs on Tuesday and stoked confidence in Asia […]
By Ritu Capital Sands The dollar held an upper hand against the yen on Tuesday as optimism on a trade deal between the United States and China dented the allure of the safe-haven unit while the British pound was supported by hopes of an end to a hung parliament. China’s Global Times, a tabloid run […]
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 […]
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 […]
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 […]
India’s trade landscape is witnessing a historic shift, with landmark agreements signed with the European Union (EU) and the United States (US). While these deals signal India’s commitment to opening its economy and integrating globally, experts caution that structural challenges could limit the full potential of these free trade agreements (FTAs). India’s Trade Milestones The […]
During a recent trip, I decided to park at Mumbai Airport T2, having previously had a smooth experience at T1. Unlike T1, which offers both premium open-air parking and multi-level car parking (MLCP) about 200 meters away, T2 parking is entirely within an MLCP building in front of the terminal, offering premium, normal, and valet […]
India Revises Tax Rules to Boost Electronics Manufacturing India’s government has given Apple a major advantage by allowing foreign companies to provide machinery to contract manufacturers without tax liability for five years. This decision was announced as part of Finance Minister Nirmala Sitharaman’s 2026-27 budget, aiming to promote electronics manufacturing in India. Previously, Apple feared […]
Bangladesh has strongly criticized India for allowing fugitive former Prime Minister Sheikh Hasina to deliver her first public address since fleeing the country in 2024. The Ministry of Foreign Affairs in Dhaka expressed that the event in New Delhi was “surprising and shocking” and called it a direct affront to the Bangladeshi people and government. […]
India’s largest company, Reliance Industries Limited (RIL), is navigating a challenging period marked by slowing retail growth and geopolitical pressures affecting its oil and new energy businesses. While the conglomerate’s oil refining and telecom verticals continue to perform steadily, the retail segment slowdown is emerging as a major concern for investors and analysts. Retail Growth […]
Former Miss Universe Harnaaz Sandhu is welcoming the spirit of Lohri with her signature charm and warmth. This year, she is celebrating the Punjabi harvest festival in Mumbai, blending traditional festivities with contemporary style. From bonfires and folk songs to joyful gatherings, she embraces the essence of togetherness and gratitude. Lohri: A Celebration of Roots […]
Dubai Strengthens Business Links in China The fifth International Dubai Business Forum will be held on May 14, 2026, in Shenzhen, one of China’s top innovation cities. Dubai Chambers announced the event, saying it will help expand Dubai’s global business network and attract more foreign investment. This is the second time the forum will take […]
Thief Nabbed with Criminal Record The Mumbai Police have arrested a 40-year-old man in connection with the burglary at actor Abhimanyu Singh’s residence. The accused, identified as Manoj Mohan Rathod from Palghar district, was apprehended after a detailed investigation. Authorities recovered stolen valuables worth ₹1.37 crore, including gold, diamonds, silver ornaments, cash, and the safe […]
U.S. Pressures India Amid Ongoing Trade Talks The United States has warned that it could impose higher tariffs on India if New Delhi does not limit its purchases of Russian oil, according to former President Donald Trump. The remarks come amid ongoing but inconclusive U.S.-India trade negotiations, intensifying pressure on the South Asian nation. Trump […]
Agastya Nanda made a striking debut in Sriram Raghavan’s ‘Ikkis’, a film that has received mixed responses from audiences. While the actor’s performance has been widely appreciated, the film’s portrayal of Pakistan has sparked discussion and debate online. To address potential criticisms, the filmmakers added a mid-credits disclaimer, similar to the approach used in ‘Dhurandhar’, […]