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Biden’s loose lips could sink his chances
By Administrator_India Capital Sands Few stories bring that reality into sharper focus than Simon Romero’s report in Monday’s Times on New Mexico’s neck-and-neck congressional race between first-term Democratic incumbent, Rep. Xochitl Torres Small, and Yvette Herrell, her Republican challenger. New Mexico has trended Democratic in recent years, and a June poll had Biden with a […]
Asian Stocks Edge Higher, With Cautious Optimism Over COVID-19 Treatment
By Administrator_India Capital Sands Asian stocks were up on Monday morning, with cautious optimism over a new potential COVID-19 treatment using blood plasma from recovered patients helping stocks start the week on a high note. The U.S. Food and Drugs Administrations (FDA) on Sunday said that it had issued “emergency use approval’ for the […]
Oil Holds Weekly Gain as Gloomy Economic Signals Damp Rebound
By Administrator_India Capital Sands Oil clung onto its third week of gains, despite a retreat since mid-week on gloomy economic signals in the U.S. and a cautious tone from the Federal Reserve and OPEC+ producers. Futures in New York were little changed, after falling 0.7% on Thursday. Applications for U.S. unemployment benefits unexpectedly increased […]
Sebi proposes to increase minimum free float for firms post-insolvency
By Administrator_India Capital Sands The Securities and Exchange Board of India (Sebi) has proposed to increase the minimum free float for companies relisting after undergoing the corporate insolvency resolution process (CIRP). The capital markets regulator has also called for greater disclosures to ensure better price discovery and transparency. The move is triggered by the extreme movement […]
Dollar under pressure as economic uncertainties linger
By Administrator_India Capital Sands The dollar struggled to recoup heavy overnight losses on Wednesday after it slipped to 27-month low the previous session as uncertainties about an economic recovery and the U.S. fiscal stimulus package weighed. The dollar hit fresh lows against most major currencies overnight as the ongoing effects of the Federal Reserve’s […]
Indian embassy in Moscow in touch with developer of Russia’s COVID-19 vaccine Sputnik V
By Administrator_India Capital Sands Days after Russia introduced a COVID-19 vaccine, the Indian embassy in Moscow is reportedly in contact with the medical research institute that has developed Sputnik V vaccine. Sputnik V has been developed by the Gamaleya Research Institute of Epidemiology and Microbiology along with the Russian Direct Investment Fund. According an Indian […]
Gold Up Over Sluggish Economic Outlook, Lingering Risk Appetite Caps Gains
By Administrator_India Capital Sands Gold was up on Monday morning in Asia over signs of a slow economic recovery. Gold futures inched up by 0.04% to $1,950.60. U.S. retail sales data released last Friday recorded a lower-than-expected growth of 1.2% month-on-month, compared to the 1.9% expected in forecasts prepared by Investing.com. Japan’s GDP data released earlier […]
What is spread & tick (Pips) move and how does it work?
Spread & tick (Pips) is a derivative product, which means you don’t take ownership of the underlying asset but speculate on whichever direction you think its price will move – up or down. If your prediction is correct, you could profit, however if the price moves against you, you would incur a loss. Interested in […]