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India's Vodafone Idea to pay 35 billion rupees in telecom , shares rise
Zuckerberg accepts Facebook may pay more tax in different places
Euro plunges against Swiss franc as China virus cases soar
India's Vodafone Idea to pay 35 billion rupees in telecom , shares rise
India’s Vodafone Idea to pay 35 billion rupees in telecom , shares rise
By Ritu, Capital Sands Beleaguered Indian wireless carrier Vodafone Idea will pay 35 billion rupees ($490 million) in telecoms dues to
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China approves imports of all poultry, poultry products from U.S.
By Administrator_India, Capital sands China has approved the import of all poultry and poultry products from the United States, the
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Zuckerberg accepts Facebook may pay more tax in different places
Zuckerberg accepts Facebook may pay more tax in different places
By Ritu, Capital Sands Facebook  Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may
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Indian generic drugmakers may face supply shortages from China if coronavirus drags on
By Administrator_India, Capital Sands Shortages and potential price increases of generic drugs from India loom if the coronavirus outbreak disrupts
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Euro plunges against Swiss franc as China virus cases soar
Euro plunges against Swiss franc as China virus cases soar
By Ritu, Capital Sands The euro fell to a four-and-a-half-year low against the Swiss franc on Thursday and the yen
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European diplomats check India’s loosening of Kashmir clampdown
By Administrator_India, Capital Sands  More than two dozen diplomats are visiting Indian-administered Kashmir, New Delhi said on Wednesday, as the
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Gold eases on rising risk appetite as new virus cases fall
Gold eases on rising risk appetite as new virus cases fall
By Ritu, Capital Sands Gold prices edged lower on Wednesday as new coronavirus cases fell and risk appetite improved, although
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Asian Markets Mixed After Powell Speech
By Administrator_India, Capital Sands Asian markets were mixed in morning trade on Wednesday as investors digested the latest views from
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Dollar and Yen supported as coronavirus fears weigh on mood
By Administrator_India, Capital Sands. The U.S. dollar and Japanese yen were in demand on Tuesday, along with the bonds of
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Yuan Boosted by Inflation Data; Dollar to Stay Strong
Yuan Boosted by Inflation Data; Dollar to Stay Strong
By Ritu, Capital Sands The Chinese yuan pushed higher Monday on the back of stronger-than-expected local inflation data, but a solid jobs
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Asian Markets Mixed; Chinese Stocks Rebound After Release of Inflation Data
By Administrator_India Capital Sands  Asian markets were mixed on Monday morning, with Chinese stocks rebounding after data showed China’s producer prices gained
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Gold steady as shares lose ground on fears of virus impact on growth
Gold steady as shares lose ground on fears of virus impact on growth
By  Administrator_India, Capital Sands Gold prices were steady on Friday after two days of gains as share markets lost ground,
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India’s divisive protests could help Modi’s BJP in Delhi election test
By Administrator_India, Capital Sands Indian Prime Minister Narendra Modi and his party this week face their first electoral test since
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China halve tariffs U.S.
China to halve tariffs on some U.S. imports as virus risks grow
By  Administrator_India, Capital Sands China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year,
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Weak growth to pull down Indian rupee, coronavirus fears to impinge
By Administrator_India, Capital Sands The battered Indian rupee will weaken further against the dollar over the coming year as a
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Solid demand lifts India services activity to seven-year high in January
Solid demand lifts India services activity to seven-year high in January
By  Administrator_India, Capital Sands India’s dominant service industry began 2020 in a buoyant mood as activity accelerated in January at
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Bharti Airtel posts another loss as it faces massive government dues
By Administrator_India, Capital Sands Bharti Airtel Ltd reported its third straight quarterly loss on Tuesday, as India’s third-largest telecom firm
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PNB Q3: Misses Street estimates by a wide margin, net loss at Rs 492.3 crore
PNB Q3: Misses Street estimates by a wide margin, net loss at Rs 492.3 crore
By  Administrator_India, Capital Sands Punjab National Bank  on February 4 reported a standalone net loss of Rs 492.3 crore for
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RBI seen holding rates, retaining dovish stance
By Administrator_India, Capital Sands  The Reserve Bank of India is likely to keep monetary policy accommodation without cutting interest rates
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New Zealand Braces for Economic Hit as Chinese Tourists Banned
New Zealand Braces for Economic Hit as Chinese Tourists Banned
By  Administrator_India, Capital Sands New Zealand is bracing for the coronavirus to hit its tourism industry and dent economic growth.
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Modi’s guarded stimulus unlikely to revive Indian growth
By Administrator_India, Capital Sands India’s new budget is unlikely to drag Asia’s third- biggest economy out of its worst slowdown
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Euro plunges against Swiss franc as China virus cases soar
Euro Slides as Weak Q4 Data Take Shape
By  Administrator_India, Capital Sands The euro fell in early European trading Friday, weighed by signs of weakness in the region’s
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India’s food ministry seeks over $28 billion for food subsidies: sources
By Administrator_India, Capital Sands India’s food ministry has sought more than 2 trillion rupees ($28.1 billion) to run the world’s
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Bank of Japan Deputy Governor Masayoshi Amamiya speaks during a Reuters Newsmaker event in Tokyo
BOJ must be ready to issue digital currencies: deputy governor Amamiya
By  Administrator_India, Capital Sands The Bank of Japan must be ready to issue digital currencies if rapid technical advances in
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BJP recommends tax tweaks to attract foreign investors
By Administrator_India, Capital Sands Prime Minister Narendra Modi’s party has recommended adjusting rules on taxing equity market returns in the
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House Democrats call for $760 billion in infrastructure spending over five years
House Democrats call for $760 billion in infrastructure spending over five years
By  Administrator_India, Capital Sands U.S. House Democrats on Wednesday will unveil a proposed $760 billion infrastructure spending bill over five
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India’s budget likely to raise spending to revive economic growth
By Administrator_India, Capital Sands Prime Minister Narendra Modi’s government is expected to raise spending on infrastructure and cut some personal
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Coronavirus infects Asia stocks with exposure to China
Coronavirus infects Asia stocks with exposure to China
By  Administrator_India, Capital Sands Shares of companies highly exposed to China’s economy tumbled across Asia on Tuesday on rising concern
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Oil falls for sixth day as China virus spreads
By Administrator_India, Capital Sands Oil futures slipped on Tuesday, extending losses into a sixth session as the spread of a
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China extends holiday, businesses shut as virus toll rises to 81
China extends holiday, businesses shut as virus toll rises to 81
By Administrator_India, Capital Sands The death toll from a coronavirus outbreak in China rose to 81 on Monday, as the
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Iraqi security forces kill protester, rockets hit U.S. embassy
 By Administrator_India, Capital Sands Iraqi security forces shot at anti-government protesters in Baghdad on Sunday, killing at least one person,
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Euro-Area Economic Growth Remains ‘Muted’ at Start of 2020
Euro-Area Economic Growth Remains ‘Muted’ at Start of 2020
By Administrator_India, Capital Sands The euro-area economy continued to trundle along at the beginning of 2020, despite signs of a
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Global stocks steady as caution on China virus continues; euro hits seven-week low after ECB
By Administrator_India. Capital Sands Stocks made a barely positive start in early Asian trade on Friday after the world’s health
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Swiss National Bank
Swiss National Bank says negative interest rates a necessity
By Administrator_India, Capital Sands Negative interest rates are a necessity for Switzerland, with recent policy tweaks designed to allow the
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Strong winds and scorching heat reignite Australia’s bushfire danger
By Administrator_India, Capital Sands. Soaring temperatures and strong winds stoked bushfires in Australia’s southeast on Thursday, with Sydney forecast to
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Supreme Court gives government more time
Supreme Court gives government more time to explain divisive citizenship law
By  Administrator_India, Capital Sands The Supreme Court declined calls to suspend the implementation of a new citizenship law on Wednesday,
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Trump says U.S. ready to ‘help’ in India-Pakistan Kashmir dispute
By Administrator_India, Capital Sands  President Donald Trump said the United States was watching developments between India and Pakistan over Kashmir
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Corporate tax cut cheer: 40 NSE stocks gain 30-108% since Sept 2019
By Administrator_India, Capital Sands The government’s step to cut corporate tax rate in September 2019 rejoiced the market which was reeling
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BOJ keeps policy steady, nudges up economic growth forecasts
By Ritu, Capital Sands The Bank of Japan kept monetary policy steady and nudged up its economic growth forecasts on
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Forex - Dollar Calm; Retains Strength Against Main Rivals
Dollar Calm; Retains Strength Against Main Rivals
By Ritu, Capital Sands The U.S. dollar was largely flat in European trading Monday, with the U.S. holiday providing little
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IEA warns oil companies doing nothing on emissions is not an option
By Ritu, Capital Sands Oil and gas companies must boost investment in low carbon energies or face an increasing backlash
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Forex - Yuan Pushes Higher After Data Release
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
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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
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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
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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.
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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
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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
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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
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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,
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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,
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Economic Calendar – Top 5 Things to Watch This Week
By Ritu, Capital Sands 1. U.S. and China to bury the trade hatchet Chinese Vice Premier Liu He will visit
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Safest Forex Brokers 2020
Are you interested in forex trading and want to learn more about forex scam, commodity fraud, and other investment scams
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USD/JPY Technical Analysis: Weekly close beyond 109.70/75 will be a call to bulls
By Ritu, Capital Sands USD/JPY trades positive near the two-week high, on a five-day winning streak. Bullish engulfing on the
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China’s Vice Premier Liu to sign U.S. trade deal in Washington next week
By Ritu, Capital Sands China’s Vice Premier Liu He, head of the country’s negotiation team in Sino-U.S. trade talks, will
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Safe-haven currencies retreat as U.S., Iran seen defusing crisis
By Ritu, Capital Sands The Japanese yen and Swiss franc retreated on Thursday as the United States and Iran backed
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Oil Prices Up After Iran Attacks Two U.S.-Iraqi Airbases, Sparking More Conflicts
By Ritu, Capital Sands Oil prices jumped on Wednesday in Asia after Iran attacked two U.S.-Iraqi airbases in response to
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Swiss franc holds gains, Yen steady as traders eye Iran
By Ritu, Capital Sands The Swiss franc held gains against the dollar on Tuesday as traders sought save-havens amid heightened
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Asian Markets Fall Amid Escalating Middle East Tensions, Trade War Uncertainties
By Ritu Capital Sands Asian equities traded mostly lower in morning trade on Monday amid heightened geopolitical tensions in the
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German unemployment rises more than expected in December
By Ritu, Capital Sands German unemployment rose more than expected in December, data showed on Friday, adding to signs that
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Brent jumps nearly $3 after U.S. air strike kills Iran, Iraq officials
By Ritu, Capital Sands Brent crude futures jumped close to $3 on Friday to their highest since September after a
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India Stocks Rise as Investors Turn Attention to Fiscal Spending
By Ritu, Capital Sands India stocks advanced, extending gains for a second day on the expectation that the government’s plans
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Dollar starts new year with a hangover as others find cheer
By Ritu, Capital Sands The dollar started the new year where it left the old one, under pressure as investors
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European shares falter as year-end rally fades
By Ritu, Capital Sands European shares looked set to end the decade with a whimper on Tuesday as investors locked
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Yuan hits multi-month highs as economy shows signs of stabilization
By Ritu, Capital Sands The Chinese yuan hit almost five-month highs and the USD continued to retreat on the last day of
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Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia
By Ritu, Capital Sands Oil prices rose more than 20% this year but there were no sharp spikes and crude
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Dollar trims annual gains in low volatility year, more action seen in 2020
By Ritu, Capital Sands The dollar was on the defensive on Monday in light year-end trading after suffering a setback
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Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes
By Ritu, Capital Sands Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S.
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Trade optimism puts floor on dollar/yen, boosts Aussie
By Ritu, Capital Sands The dollar hovered near a six-month high versus the Japanese yen while the Australian dollar climbed
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Oil climbs, lifted by U.S.-China trade deal hopes, OPEC cuts
By Ritu, Capital Sands Oil prices rose on Thursday, buoyed by a potential breakthrough in the Sino-U.S. trade war and
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5 Things to Watch for in Global Markets in 2020
By Ritu,      Capital Sands 1. No end in sight to the U.S.-China struggle for supremacy The trade war
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European shares hover near record high in thin holiday trade
By Ritu, Capital Sands European shares traded near all-time highs on Tuesday in a holiday-shortened week, helped by optimism about
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Cong bigwigs on ‘satyagraha’ against CAA, Jagan says won’t implement NRC
By Ritu, Capital Sands Stating that democracy in India is under threat from the BJP-led government at the Centre, West
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European shares edge lower ahead of Christmas holiday break
By Ritu, Capital Sands European shares dipped slightly on Monday after nearing a record high in the previous session, as
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Battle lines harden over Trump impeachment trial witnesses
By Ritu, Capital Sands The White House on Sunday signaled comfort with plans by Senate Republicans to avoid new witnesses
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China says bilateral relationship with U.S. has experienced serious difficulties
By Ritu, Capital Sands China said Friday its relationship with the United States had experienced serious difficulties, but they should
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European stocks grind higher in pre-holiday trading
By Ritu, Capital Sands European shares edged higher on Thursday, with a pre-holiday lull making for a quiet trading session
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In historic moment, U.S. House impeaches Donald Trump for abuse of power
By Ritu, Capital Sands. Donald Trump became the third U.S. president to be impeached on Wednesday, as the House of
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Stocks Fluctuate Treasuries Edge Up; Pound Slips: Markets Wrap
By Ritu, Capital Sands European stocks edged higher on Wednesday while U.S. equity futures fluctuated and Asian shares were mixed.
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Japan to trim annual government bond issuance next fiscal year – sources
By Ritu, Capital Sands Japan plans to trim government bond issuance by 0.5% next fiscal year from current year’s levels,
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Trump ratings highest ever over economics despite impeachment proceedings
By Ritu, Capital Sands Strong economic figures have helped US President Donald Trump to his highest approval ratings ever, despite impeachment, a
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Oil hovers near three-month high on trade optimism, supply cuts
By Ritu, Capital Sands Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors
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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
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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
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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
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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
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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
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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%
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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
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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
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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
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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
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Oil prices slip as weak China exports highlight trade war impact
By Ritu, Capital Sands Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight
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Dollar bolstered by U.S. jobs data, markets look to trade talks
By Ritu, Capital Sands. The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market,
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Good, Bad and Ugly: Decisive Week May Set Course for Currencies
By Ritu, Capital Sands The next week could set the tone for the $6.6 trillion-a-day currency market in 2020.The geopolitical
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Forex – U.S. dollar Unchanged Ahead of Job Report
By Ritu, Capital Sands The U.S. dollar was unchanged on Friday in Asia as traders awaited the release of the
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Asian Markets Gain Ahead of U.S. Nonfarm Payrolls Data
By Ritu, Capital Sands. Asian markets gained in morning trade on Friday ahead of the release of U.S. nonfarm payrolls
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OPEC and allies prepare to deepen oil output cuts
By Ritu, Capital Sands OPEC and its allies led by Russia were moving closer on Thursday to agreeing to deeper
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Asian currencies fueled by new trade optimism
By Ritu, Capital Sands Asian currencies made something of a comeback on Thursday morning in Asia as optimism about a
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Forex – Dollar Near 1-Month Lows as Trade War Fears Ramp Up
By Ritu, Capital Sands The U.S. dollar was trading near one-month lows on Wednesday after U.S. President Donald Trump warned
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Gold Prices Up; Trade Deal Might Come After 2020 Election
By Ritu https://capitalsands.com/ Gold prices were supported by a fresh round of uncertainty of the US-China trade deal on Wednesday
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France and EU ready to fight back over U.S. tariff threat, ministers say
By Ritu, Capital Sands France and the European Union are ready to fight back over the latest U.S. tariff threats
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Gold trades marginally lower, awaiting trade talk cues
By Ritu, Capital Sands Gold traded marginally lower on Tuesday morning in Asia, hovering around the $1,468 range as the
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Oil jumps on Chinese factory growth, hopes for deeper OPEC cuts
By Ritu, Capital Sands Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China
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USD/CHF Technical Analysis: Sellers focused on spinning top near multi-week high
By Ritu, Capital Sands USD/CHF declines after registering a bearish candlestick formation the previous day. Buyers look for sustained trading
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Yen gains, yuan falls as Hong Kong tensions muddy trade progress
By Ritu, Capital Sands The safe-haven yen rose against the dollar after U.S. President Donald Trump signed into law support
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Asian shares climb on Trump trade deal comments
By Ritu, Capital Sands Asian shares rose on Wednesday as upbeat signals from Sino-U.S. trade talks fanned hopes of an
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Asian shares climb on Trump trade deal comments
By Ritu, Capital Sands Asian shares rose on Wednesday as upbeat signals from Sino-U.S. trade talks fanned hopes of an
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REFILE-FOREX-Dollar hits 1-week high on yen as U.S.-China trade deal hopes rise
By Ritu, Capital Sands. The dollar held an upper hand against the yen on Tuesday as optimism on a trade
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GLOBAL MARKETS-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
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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
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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
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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
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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
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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
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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
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Asian shares mixed as doubts grow on elusive U.S.-China trade deal
Asian share markets were mixed on Tuesday, as another day awaiting clearer news on the progress of U.S.-China trade negotiations
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New UAE law is a way out of debt trap: All you need to know
Insolvency law approved by the UAE Cabinet aims to protect individuals who are in debt. Legal experts have hailed the
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India’s Vodafone Idea to pay 35 billion rupees in telecom , shares rise

By Ritu, Capital Sands Beleaguered Indian wireless carrier Vodafone Idea will pay 35 billion rupees ($490 million) in telecoms dues to the federal government by Feb. 21, a lawyer for the company said on Monday. Hopes that Vodafone Idea could outlive the financial squeeze due to the outstanding dues payments helped its shares gain as much as 23.5% on Monday, ...
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China approves imports of all poultry, poultry products from U.S.

By Administrator_India, Capital sands China has approved the import of all poultry and poultry products from the United States, the Ministry of Agriculture and Rural Affairs said on its website on Monday. Beijing had previously banned all trade in poultry products from the United States due to outbreaks of avian influenza there. It has allowed the import of chicken meat ...
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Zuckerberg accepts Facebook may pay more tax in different places

By Ritu, Capital Sands Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday. Cross-border tax rules are set to be rewritten after 137 states sought last month to avoid a new ...
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Indian generic drugmakers may face supply shortages from China if coronavirus drags on

By Administrator_India, Capital Sands Shortages and potential price increases of generic drugs from India loom if the coronavirus outbreak disrupts suppliers of pharmaceutical ingredients in China past April, according to industry experts. An important supplier of generic drugs to the world, Indian companies procure almost 70% of the active pharmaceutical ingredients (APIs) for their medicines from China. Optimism that the ...
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Euro plunges against Swiss franc as China virus cases soar

By Ritu, Capital Sands The euro fell to a four-and-a-half-year low against the Swiss franc on Thursday and the yen gained as investors sought safe havens after China's Hubei province, the epicentre of the coronavirus outbreak, reported a sharp increase in the number of new cases. Using a new method of diagnosis, the province reported on Thursday 14,840 new cases ...
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European diplomats check India’s loosening of Kashmir clampdown

By Administrator_India, Capital Sands More than two dozen diplomats are visiting Indian-administered Kashmir, New Delhi said on Wednesday, as the country tries to reassure foreign allies following several months of unrest in the contested territory. The group includes European diplomats, some of whom declined a previous invitation from New Delhi to visit the region. A proposed vote in the European ...
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Gold eases on rising risk appetite as new virus cases fall

By Ritu, Capital Sands Gold prices edged lower on Wednesday as new coronavirus cases fell and risk appetite improved, although uncertainty over the economic impact of the outbreak still underpinned bullion. Spot gold XAU= edged 0.2% lower to $1,564.15 per ounce by 0818 GMT. U.S. gold futures were down 0.2% at $1,567.50. While the death toll exceeded 1,100, China’s foremost ...
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Asian Markets Mixed After Powell Speech

By Administrator_India, Capital Sands Asian markets were mixed in morning trade on Wednesday as investors digested the latest views from U.S. Federal Reserve Chairman Jerome Powell. China’s Shanghai Composite slipped 0.1% by 10:01 PM ET. The Shenzhen Component gained 0.6%. Hong Kong’s Hang Seng Index also rose 0.5%. Japan’s Nikkei 225 traded 0.6% higher after returning from a holiday. Softbank ...
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Dollar and Yen supported as coronavirus fears weigh on mood

By Administrator_India, Capital Sands. The U.S. dollar and Japanese yen were in demand on Tuesday, along with the bonds of both countries, as worries about the spread of coronavirus had investors heading for safe harbors. The World Health Organization said overnight that the spread of cases among people who have not been to China could be "the spark that becomes ...
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Yuan Boosted by Inflation Data; Dollar to Stay Strong

By Ritu, Capital Sands The Chinese yuan pushed higher Monday on the back of stronger-than-expected local inflation data, but a solid jobs report on Friday coupled with weaker economic numbers in Europe mean the U.S. dollar is likely to stay strong in the near term. USD/CNY traded at 6.9810, 0.26% lower, after falling as low as 6.9774 earlier Monday, while ...
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