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Euro’s gains support Asian currencies after ECB stimulus
By Administrator_India Capital Sands The euro held big gains on Friday after the European Central Bank expanded its stimulus more than expected to prop up an economy dealing with its worst recession since World War Two. The euro’s gains helped support appetite for riskier currencies in Asia with the Australian dollar holding gains and the […]
Dollar falls as focus shifts to recovery prospects
By Administrator_India Capital Sands The dollar fell against most Asian currencies on Wednesday as prospects of more government stimulus and a global economic recovery emboldened investors to step up holdings of riskier assets. The Australian dollar hit a five-month high against the dollar, as funds headed toward economies that are seen to be recovering the […]
Oil prices hold ground ahead of OPEC+ meeting on extended output cuts
By Administrator_India Capital Sands Oil prices rose in early trade on Tuesday, with traders waiting to see whether major crude producers agreed to extend their huge output cuts to shore up prices at a meeting expected later this week. Brent crude futures rose 0.3%, or 12 cents, to $38.44 a barrel. U.S. West Texas […]
Capital Sands – Successful Broker in a short span of time.
By Administrator_India Capital Sands is a broker that provides financial products for currency, precious metals, CFD, and stock trading. Capital Sands operates globally with the majority of clients located in Southeast Asia, East Asia, the Middle East, Latin America, and Europe. Capital Sands Broker has a successful broker in a short span of time […]
India’s economy seen slowing rapidly in March quarter, with worse to come
By Administrator_India Capital Sands Gross domestic product data out later on Friday is expected to show India’s economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and private investment. The median forecast from economists put annual economic growth at […]
Dollar stands its ground as U.S.-China tensions grow
By Administrator_India Capital Sands The dollar held its own on Thursday as rising Sino-U.S. tension put crushing pressure on the Chinese yuan and proved a counterweight to optimism about the coronavirus recovery. The escalating war of words between the world’s two biggest economies also spilled over to the Australian and New Zealand dollars, as a far more […]
Reliance’s $7 Billion Rights Rings in New Trading Venue in India
By Administrator_India Capital Sands Reliance Industries Ltd., which popularized equities as an investment in the world’s second-most populous nation, is now the first to test a trading avenue in India with its record $7 billion rights issue. Introduced in January, the trading platform allows shareholders to sell their rights entitlement to others interested in subscribing […]
Dollar dips as virus recovery optimism holds
By Administrator_India Capital Sands The dollar inched lower on Tuesday as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies, though concerns about Sino-U.S. tensions held further moves in check. After a quiet start to the week due to holidays in Britain and the United States, the greenback was a fraction […]