By Administrator_India Capital Sands Gold was up on Tuesday morning in Asia as the dollar weakened. Investors also remain concerned about potential interest rate hikes to curb rising inflation. Gold futures inched up 0.02% to $1,868.05 by 10:59 PM ET (2:59 AM GMT), its highest level since Feb. 1, 2021. The dollar, which usually moves inversely to […]
By Administrator_India Capital Sands The U.S. dollar was supported on Monday amid renewed worries about coronavirus restrictions in Asia, but investors are heavily positioned for it to fall while the U.S. Federal Reserve keeps rates low. Easing commodity prices and virus outbreaks in Singapore and Taiwan – where COVID-19 had been contained – helped modest […]
By Administrator_India Capital Sands The U.S. Centers for Disease Control and Prevention (CDC) on Thursday advised that fully vaccinated people do not need to wear masks outdoors and can avoid wearing them indoors in most places, updated guidance the agency said will allow life to begin to return to normal. The CDC, which hopes the […]
By Administrator_India Capital Sands Asian shares faced a third day of losses on Thursday after a shocking rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening. “Higher inflation is a definite negative for equities, given the likely rates response,” said […]
By Administrator_India Capital Sands The US is working closely with India on its continued and emerging needs during the unprecedented second wave of the COVID-19 pandemic, a top State Department official has said. While the assistance from the US government has been worth USD 100 million, the private sector has donated an additional USD 400 […]
By Administrator_India Capital Sands Gold held near the highest level in three months as investors weighed growing inflation risks and comments from Federal Reserve officials on the labor market for clues on monetary policy going forward. Bond market expectations for the pace of consumer price inflation over the coming half decade surged on Monday to […]
By Administrator_India Capital Sands Asia Pacific stocks were up Monday morning over mounting expectations that interest rates will remain low, thanks to inflationary pressure. Meanwhile, a cyber-attack on a U.S. pipeline operator caused oil and gas prices to jump. Japan’s Nikkei 225 gained 0.80% by 10:49 PM ET (2:49 AM GMT) and South Korea’s KOSPI jumped 1.37%. In Australia, the ASX 200 rose […]
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By Administrator_India Capital Sands Investors on Dalal Street seem to draw strength from a strong set of corporate numbers along with firm cues from global peers, indicating a firm start for the benchmark indices even as India reported a record jump in Covid cases. Some volatility cannot be ruled out in today’s session on account […]
By Administrator_India Capital Sands Mumbai: Indian stock markets are likely to be volatile on Wednesday while trends in SGX Nifty suggest a positive opening for domestic benchmark indices. On Tuesday, the BSE Sensex ended at 48,253.51, down 465.01 points or 0.95%. The Nifty was at 48,253.51, down 465.01 points or 0.95%. Reserve Bank of India […]