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German investor morale improves on hopes for economic turnaround
By Administrator_India Capital Sands German investor sentiment improved much more than expected in May as concerns about the impact of the coronavirus pandemic on Europe’s largest economy eased and hopes for a recovery in second half of the year grew, a survey showed on Tuesday. The German economy is facing its deepest recession since World […]
Cafes and churches open in Italy and Greece; Spain eyes summer reboot
By Administrator_India Capital Sands Italian shops, restaurants, and churches reopened their doors to spring sunshine on Monday, Greece welcomed visitors back to the Acropolis – and Spain hoped for tourists to return in summer in cautious steps to ease coronavirus lockdowns. Italians could once again sip their morning cappuccino at the bar, albeit at […]
Dollar Consolidates, Still in Demand
By Administrator_India Capital Sands The U.S. dollar has seen some selling in early European trade Monday, but from lofty heights as tensions between China and the U.S. continue to simmer and Japan enters recession. At 2:40 AM ET (0645 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood […]
Oil prices jump more than $1 ahead of WTI June contract expiry
By Administrator_India Capital Sands Oil prices climbed by more than $1 a barrel on Monday to their highest in more than a month, supported by ongoing output cuts and signs of a gradual recovery in fuel demand as more countries ease curbs imposed to stop the coronavirus pandemic spreading. Brent crude LCOc1 was up $1.19, […]
Success is the fruit of Hard work
Success is the fruit of Hard work Entrepreneurs are people who dare to go think beyond the obvious and make things happen. Their way of thinking goes beyond the creative ability of their competitors. Businesses which now have a global presence were once small and unassuming. One such example is Arun Kumar Saini (Young Indian Entrepreneur) […]
FM extends Rs 3.2-trillion stimulus to migrant workers and farmers
By Administrator_India Capital Sands In its second package, the government on Thursday announced Rs 3.16 trillion support for vulnerable sections, including migrant workers, farmers, tribals, street vendors, and the middle class — all hit hard by the lockdown. However, experts said implementation was the key because identifying beneficiaries was a challenge. They also said the government […]
Dollar holds advantage as Powell quashes negative rates, data in focus
By Administrator_India Capital Sands The dollar held onto gains against major currencies on Thursday after U.S. Federal Reserve Chairman Jerome Powell dismissed speculation that policymakers will adopt negative interest rates. The Australian dollar was under pressure before closely-watched data on the jobs market, which may help determine how much more monetary and fiscal easing is […]
Oil falls on second wave outbreak fears, rise in U.S. inventories
By Administrator_India Capital Sands Oil prices fell on Wednesday on worries about a possible second wave of coronavirus cases in countries starting to ease lockdowns, while industry data showed a rise in U.S. crude inventories. The concerns overshadowed a further call by Saudi Arabia for larger production cuts to balance the market following a virus-induced demand slump […]