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February 25, 2020
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India’s economy likely grew 4.7% in December quarter

India's economy likely grew 4.7% in December quarter

By Ritu, Capital Sands Indian economic growth likely accelerated a touch in the October-December period after its weakest expansion in over six years in the previous quarter, a Reuters poll showed, with a small rebound in rural demand and private consumption expected. Annual gross domestic product growth likely rose to 4.7% in the last quarter […]

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February 25, 2020
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Modi holds huge rally for U.S. president’s India visit

By Administrator_India Capital Sands Donald Trump was cheered by more than 100,000 Indians at the opening of the world’s largest cricket stadium on Monday, promising “an incredible trade deal” and “the most feared military equipment on the planet” at his biggest rally abroad. Indians wore cardboard Trump masks and “Namaste Trump” hats to welcome the […]

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February 24, 2020
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PepsiCo buys Chinese snack brand Be & Cheery for $705 mn

PepsiCo buys Chinese snack brand Be & Cheery for $705 mn

By Ritu, Capital Sands PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for $705 million, the companies said. The U.S. multinational food and beverage maker said the acquisition of Be & Cheery, which sells snacks from nuts to dried fruits mainly on […]

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February 19, 2020
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Dollar shines against Euro, riskier peers as virus hit widens

By Administrator_India Capital Sands The dollar stood tall over the languishing euro and heavily sold exporter currencies on Wednesday, as investors reckoned with a deepening economic fallout from the coronavirus. The new coronavirus has caused 2,004 deaths in China and infected more than 74,000 people, while measures to contain it have paralyzed the economy and […]

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February 18, 2020
36 views 2 mins 0

Euro edges lower on economic pessimism, Aussie hit by rate outlook

Euro Under Pressure as Sovereign Spreads Balloon

By Administrator_India Capital Sands The euro fell toward a three-year low versus the dollar ahead of a highly watched German survey on Tuesday, which is expected to show a sharp slump in investor confidence and fuel growing pessimism about the outlook for Europe’s largest economy. Financial markets clung to tight ranges following a U.S. public […]

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February 14, 2020
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Asian Markets Rise; Nikkei Underperforms Amid Weak Consumer Spending Data

By Administrator_India Capital Sands Asian markets rose on Friday morning as traders continued to monitor developments on the coronavirus outbreak following Thursday’s spike in the number of cases reported. China’s Shanghai Composite rose by 0.5%, while the Shenzhen Component climbed 1.4%. Beijing is set to cut tariffs on certain U.S. products by half later in the […]

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February 12, 2020
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Oil prices rise as new virus cases slow, easing Chinese demand concerns

By Administrator_India, Capital Sands Oil prices rose for a second day on Wednesday amid preliminary signs that new coronavirus cases are slowing in China, easing concerns over the demand impact from the disease in the world’s second-largest oil consumer. Brent crude was up 73 cents, or 1.3%, at $54.75 per barrel. U.S. West Texas Intermediate […]

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February 07, 2020
31 views 2 mins 0

Stocks – Wall Street Hits Records as Tech Rallies, Virus Fears Ebb

By Administrator_India Capital Sands Wall Street ended at record highs Thursday as traders cheered better-than-expected earnings and cast aside signs that the spread of the coronavirus in China continues to pick up pace. The S&P 500 rose 0.33% and the Nasdaq Composite rose 0.67%. The Dow Jones Industrial Average 0.30%. All three major averages closed in record territory. The number of […]

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February 06, 2020
34 views 2 mins 0

Solid U.S. data and virus optimism supports dollar

By Administrator_India Capital Sands The U.S. dollar stood tall on Thursday, supported by firm domestic data and hopes the coronavirus economic impact could be limited, even as the human toll continued to climb. Another 73 people on the Chinese mainland died on Wednesday from the outbreak, the highest daily increase so far, bringing the total […]

Best ECN Broker in India, Best Forex Trading Company, Forex Analysis, Forex Trading with Capital Sands
February 05, 2020
35 views 2 mins 0

Dollar holds gains vs Yen, virus risks dominate

By Administrator_India Capital Sands The dollar held gains against the yen on Wednesday amid a broad unwinding of safe-haven positions as China’s responses to the coronavirus outbreak supported investor confidence, even as deaths and new cases climbed. The Coronavirus outbreak claimed its first life in Hong Kong on Tuesday, as the mainland China death toll […]