By Administrator_India Capital Sands Asian shares wobbled in a choppy session on Friday as abysmal economic data from the United States and rising global COVID-19 cases weighed on sentiment, despite strong U.S. tech earnings and signs of manufacturing recovery in China and Japan. The U.S. dollar was also set for its worst month in […]
By Administrator_India Capital Sands Restrictions were reintroduced in Australia’s most populous state of New South Wales on Friday as authorities battle to control fresh coronavirus clusters that have emerged in Sydney over the last several days. Group bookings at restaurants, cafes and clubs will be limited to 10 people and patrons inside a venue […]
By Administrator_India Capital Sands Gold climbed close to a nine year high on Thursday morning in Asia, with sluggish economic recovery and rising political tensions between the U.S. and China driving investors to the safe-haven asset. Gold futures were up by 0.15% to $1,867.85, not far below its record high of $1,920.70 in 2011. Stocks, which usually move […]
By Administrator_India Capital Sands Asian shares advanced on Tuesday as prospects of a deal by European Union leaders to jointly fund recovery of their economies and hopes for a coronavirus vaccine lifted risk appetite. Japan’s Nikkei rose 0.6% while MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.5% to edge near its four-month peak […]
By Administrator_India Capital Sands Oil prices fell on Monday, unnerved by the prospect that a recovery in fuel demand could be derailed by a rise in the pace of coronavirus infections around the world. Brent crude was down 25 cents, or 0.6%, at $42.89 a barrel, after dropping slightly last week. U.S. oil was […]
By Administrator_India Capital Sands Oil rose on Wednesday morning in Asia, with investor sentiment improved after the U.S. reported a significant drop in crude oil inventories. The American Petroleum Institute (API) estimated an 8.322 million-barrel draw for the week ended July 10. The draw was bigger than analyst forecasts of a 2.1 million-barrel draw and reversed […]
By Administrator_India Capital Sands China’s exports and imports rose in yuan terms in June, even as the pandemic continued to ravage the global economy. Exports grew 4.3% in yuan terms in June from a year earlier, while imports rose 6.2%, the customs administration said Tuesday. Economists had forecast that exports would increase by 3.5% while […]
By Administrator_India Capital Sands Oil slipped in early Asian trade on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude fell 27 cents to $42.97 a barrel, while U.S. West Texas Intermediate crude was […]
By Administrator_India Capital Sands As the dollar shows signs of exhaustion, the yuan is taking over as the barometer of global risk sentiment. A worldwide rally in stocks, bonds and commodities is decoupling from the U.S. currency, which entered a bearish phase in June and is grinding lower for a fourth month. The rally is […]
By Administrator_India Capital Sands New Zealand said on Wednesday that a 32-year-old man who tested positive for COVID-19 will be charged after briefly absconding from an isolation facility in Auckland, the latest slip up as the country tries to keep coronavirus cases at its border. The man, who was in quarantine after arriving from […]
