Category: Best Forex Trading Comapny

Best Forex Brokers :Capital Sands Financial Services Ltd.

the global foreign exchange (forex) market is the largest and most actively traded financial market in the world, by far. When looking for the ‘best’ forex broker, both beginners and experienced traders generally look for several key features and benefits. Among the most important of these are fees (including spreads and commissions), trading platform(s) (including software, web-based, mobile, charting and third-party platforms), […]

Dollar Hits 2-Week Lows as Pandemic Fears Intensify

FOREX-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 a deal with Washington and […]

Oil falls from 2-month high as U.S.-China trade doubts dominate

By Ritu, Capital Sands 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 extension of production cuts among […]

Trade War Threatens Tech Sectors in China and Silicon Valley

By Ritu, Capital Sands While the U.S-China trade war rages on, the tensions are exposing growing rifts between China and Silicon Valley. Leading venture capitalists and startup founders expressed concern over their governments’ fierce differences and the potential fallout. Among the dangers are a decline in cross-border investment, disruption in the supply chain and decreased collaboration in fields like artificial […]

PRECIOUS-Gold edges up on concerns of delay in U.S.-China trade deal

By Ritu, Capital Sands  Gold prices inched up on Thursday, supported by concerns that U.S. bills on Hong Kong could increase tensions between the United States and China and delay an interim trade deal. Spot gold XAU= rose 0.1% to $1,471.93 per ounce by 0235 GMT. U.S. gold futures GCcv1 were down 0.1% at $1,472.20 per ounce. “The main driver in gold currently is […]

Oil majors slash 2020 spending by 20% after prices slump

Trade friction, oil drive European shares to worst day in six weeks

By Ritu Capital Sands European stocks were on track for their worst day in six weeks on Wednesday, as a threat of U.S.-China trade negotiations hitting an impasse weighed, while a slump in Germany’s Wire-card and falling oil prices added to the gloom. Germany’s DAX .GDAXI , the most trade-sensitive among Europe’s regional indexes, dropped 0.9% by 0929 GMT, while the broader […]

Asia shares trapped in a trade maze, oil nurses losses

By Ritu, Capitals Sands Asian shares stumbled on Wednesday as the Sino-U.S. trade talks produced nothing but a stream of conflicting messages, while concerns about a glut of supply left oil prices nursing their biggest one-day loss in seven weeks. Figures from the American Petroleum Institute out late Tuesday showed a far larger rise in crude stocks than expected. That […]