Category: Best Forex Trading Comapny

Asian Markets Fall as COVID-19 Uncertainty Increases

By Administrator_India Capital Sands Asian markets took sharp tumbles across the board Monday morning as the number of COVID-19 cases rose sharply around the world over the weekend. Globally, there are now 294,110 confirmed cases and 12,944 deaths as of March 22 according to the World Health Organisation. The S&P/ASX 200 led losses with a tumble of 7.34%. China’s Shanghai Composite lost 2.84% […]

Europe Boosted by Strong Gains in Energy Stocks

Europe Boosted by Strong Gains in Energy Stocks

By Ritu, Capital Sands European stock markets surged higher Friday, helped by strong gains in the energy sector after oil prices bounced back. At 03:55 ET (0855 GMT), the U.K.’s FTSE index was trading 2.3% higher, France’s CAC 40 and the DAX were up 4.8%. The pan-eurozone index, the Euro Stoxx 50, gained 4.5%.  Additionally, U.S. crude futures traded 6.6% higher at $27.62 a barrel, after soaring 24% Thursday. […]

China asks airlines to cut international flights, redirects some due to virus

By Administrator_India Capital Sands China’s aviation regulator has asked airlines to cut international flights and ordered some Beijing ones to be rerouted, as the country grapples with a rising number of imported coronavirus cases, especially in the capital. The regulator said in a statement on Thursday some international flights of Chinese carriers scheduled to arrive in Beijing in the coming days would […]

Europe to Edge Lower Despite ECB Support

Europe to Edge Lower Despite ECB Support

By Ritu, Capital Sands European stock markets are expected to edge lower Thursday, with investors still contemplating the possibility of several months of declining economic activity despite an increasingly robust policy response that reached a new high late on Wednesday as the European Central Bank unveiled its biggest anti-crisis program yet. The European Central Bank launched a 750 billion euro […]

Panic buying forces British supermarkets to impose limits

Panic buying forces British supermarkets to impose limits

By Ritu, Capital Sands Panic buying by British shoppers escalated on Wednesday with shelves stripped bare by alarmed customers hoarding for the coronavirus isolation, prompting Tesco  and Sainsbury’s to restrict purchases. Prime Minister Boris Johnson, who has faced criticism for acting too slowly and too cautiously to tackle the coronavirus outbreak, said on Tuesday that there was no reason to stockpile […]

In Delhi, riots deepen a Hindu-Muslim divide

In Delhi, riots deepen a Hindu-Muslim divide

By Ritu, Capital Sands For years, Hindus and Muslims lived and worked peacefully together in Yamuna Vihar, a densely populated Delhi district. But the riots that raged through the district last month appear to have cleaved lasting divisions in the community, reflecting a nationwide trend as tensions over the Hindu nationalist agenda of Prime Minister Narendra Modi boil over. Many […]

Asian Markets Continue Rollercoaster Ride Despite Fed’s Monetary Bazooka 

By Administrator_India Capital Sands Asian markets continued their  rollercoaster ride  on Monday morning  in the aftermath of  a big rally in  U.S. markets  Friday  while digesting data from China that showed  huge falls on industrial production, retail sales and investment.   Wall Street rallied strongly on Friday,  with  the  Dow Jones Industrial Average closing up by 9.36%, theS&P 500  gained  9.29% and the NASDAQ Composite 9.35%. But the  rally did […]

Calls Rise for Emergency Dollar Funding, With Strains Escalating

Calls Rise for Emergency Dollar Funding, With Strains Escalating

By Ritu, Capital Sands Emerging signs of a rush for dollars in the global financial system have spurred calls for the world’s central banks to use a key tool deployed during the credit crisis more than a decade ago: currency swap lines. The Bloomberg Dollar Spot Index climbed more than 1% for the second time this week on Thursday, reaching […]

India’s current account deficit shrinks sharply in October-December quarter

By Administrator_India Capital Sands India’s current account deficit (CAD) narrowed further in the October-December quarter on the back of a contraction in the trade deficit and rise in net services receipts, the central bank said on Thursday. The CAD declined to 0.2% of gross domestic product in the three months, the third quarter of the 2019/20 fiscal year, from 2.7% […]

Indian stocks crash into bear territory as coronavirus now a pandemic

Indian stocks crash into bear territory as coronavirus now a pandemic

By Ritu, Capital Sands The Indian stock market plunged into bear territory on Thursday, with the blue-chip Nifty 50 sliding to its lowest in over 2-1/2 years, after the coronavirus outbreak was termed a pandemic and the United States suspended travel from Europe. The NSE Nifty 50 index and S&P BSE Sensex fell over 7.5% each to 9,648.65 and 32,990.01, […]