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February 07, 2020
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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
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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 […]

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February 05, 2020
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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 […]

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February 03, 2020
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Shanghai stocks hit by $370 billion wipeout as virus fears pound Chinese markets

By Administrator_India Capital Sands Chinese stock and commodity markets fell heavily at the open on Monday, in the first trading session after an extended Lunar New Year break, as investors dumped risky assets in response to rising fears about the spread of a new virus across China. The plunge wiped almost $370 billion in market […]

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January 31, 2020
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China’s service sector activity grows faster in January: official PMI

By Administrator_India Capital Sands Growth in China’s services sector activity quickened in January, official data showed on Friday. The official services PMI rose to 54.1, from 53.5 in December, the National Bureau of Statistics said. The 50-point mark separates growth from contraction on a monthly basis. Beijing has been counting on a strong services sector […]

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January 29, 2020
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Stocks – Dow Rebounds as Apple Rallies Into Earnings

By Administrator_India Capital Sands The Dow rallied sharply Tuesday, as the rout a day earlier attracted bargain buying across stocks, even as the bulk of corporate earnings failed to live up to Wall Street expectations. The S&P 500 rose 1%, while the Nasdaq Composite gained 1.4% and the Dow Jones Industrial Average rose 0.7%. Bargain-hunting investors piled into beaten-down sectors like tech […]

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January 28, 2020
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Stocks – Dow Falls 450 as Virus Fears Spur Sharp Selling

By Administrator_India Capital Sands Wall Street closed sharply in the red Monday as virus fears gripped investors amid worries that an accelerated outbreak will hit China’s economy and slow global growth. The S&P 500 lost 1.58%, while the Nasdaq Composite fell 1.89% and the Dow Jones Industrial Average slumped 1.58%, more than 450 points. A sea of red washed over the […]

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January 27, 2020
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Shares, oil slide as China virus fears intensify; Yen, Treasuries in demand

By Administrator_India Capital Sands Stocks tumbled on Monday as investors grew increasingly anxious about the economic impact of China’s spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes. Japan’s Nikkei average suffered a steep 1.8% loss, on track for the biggest one-day fall in three weeks. U.S. S&P […]

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January 24, 2020
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Will Modi remain the Shah of Indian politics in 2020?

By Administrator_India Capital Sands   The political discourse and direction of India in 2019 were determined and dictated by two individuals-Prime Minister Narendra Modi and Union home minister Amit Shah, who also happens to be the president of BJP, the party in power at the Centre and in 15 states across the country. From Kargil […]

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January 23, 2020
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Yen firm over China virus concern; Aussie jumps on jobs data

By Administrator_ India Capital Sands   The safe-haven Japanese yen was firm and the Chinese yuan fragile on Thursday as traders kept a wary eye on the spread of a virus in China, while the ailing Australian dollar jumped after a surprise drop in unemployment. Deaths from the flu-like coronavirus, rose to 17 on Wednesday. A […]