Pound Gains on Brexit Optimism as Focus Shifts to Trade Talks
By Ritu, Capital Sands Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. The pound rallied for a second day amid optimism a...
Asian Markets Mixed as Lighthizer Says No Date is Set for Phase Two Talks
By Ritu, Capital Sands Asian markets were mixed on Monday morning in Asia as U.S. Trade Representative Robert Lighthizersaid the phase one Sino-U.S. trade deal is “totally done,” but no...
Brexit relief for UK economy might not last long
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...
Sterling sparkles after election poll, Yuan up on trade deal reports
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...
StockBeat: Dovish Fed, Dominant Tories Push Europe Markets Higher
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...
Forex – U.S. Dollar Slips After Fed; Pound Gains Ahead of ECB Meeting, Election
By Ritu, Capital Sands The U.S. dollar index that tracks the greenback against a basket of other currencies slipped 0.1% to 97.035 by 10:02 PM ET. Overnight, the Federal Open...
Pound slips on UK poll projections, dollar eyes Fed
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...
Federal Reserve Interest Rate Decision December 10-11 Preview: Watching for the Projection Materials
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...
Stocks Slip While U.S. Futures Drift With Bonds: Markets Wrap
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...
Dollar steadies as investors brace for key risk events
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...