Capital Sands is a broker that provides financial products for currency, precious metals, CFD, and stock trading. Capital Sands operates globally with the majority of clients located in Southeast Asia, East Asia, the Middle East, Latin America, and Europe. Capital Sands Broker has a successful broker in a short span of time with great achievements, […]
MT5 Broker in India
Madhya Pradesh govt on the edge as Jyotiraditya Scindia quits Congress
By Administrator_India https://capitalsands.com/ After sailing close to the wind since the Lok Sabha elections last year, the Madhya Pradesh government, run by the Congress, was on the verge of collapse on Tuesday, and it looks certain that Shivraj Singh Chouhan of the BJP will return as chief minister. Chouhan had been chief minister from 2005 to the […]
China cuts benchmark lending rate to prop up virus-hit economy
By Administrator_India, Capital Sands China cut the benchmark lending rate on Thursday, as widely expected, as the authorities move to lower financing costs for businesses and support an economy jolted by a severe coronavirus outbreak. The epidemic has disrupted global supply chains and caused widespread disruption to businesses and factory activity in China, prompting authorities […]
India may give reprieve to solar projects delayed by coronavirus fallout
By Administrator_India, Capital Sands India will consider extending deadlines for completing solar energy projects to shield developers from stiff penalties after the coronavirus outbreak hit component supplies from China, a top government official said on Tuesday. Ratings agency Standard and Poor’s Indian unit, Crisil, warned on Monday that nearly three gigawatts of solar power projects […]
Dollar Gains on Virus Worries; Sterling Shows Strength
By Ritu, Capital Sands The return of risk aversion to the financial markets Tuesday has prompted more gains for the U.S. dollar, amid concerns about the extent of the damage caused by the coronavirus in China, but sterling is also showing signs of strength. EUR/USD traded at 1.0836, just off the low of 1.0823, the lowest […]
India’s use of facial recognition tech during protests causes stir
By Administrator_India, Capital Sands When artist Rachita Taneja heads out to protest in New Delhi, she covers her face with a pollution mask, a hoodie or a scarf to reduce the risk of being identified by police facial recognition software. Police in the Indian capital and the northern state of Uttar Pradesh – both hotbeds […]
Oil prices steady as coronavirus-related demand concerns weigh
By Ritu, Capital Sands Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output cuts from major producers will tighten crude supply. U.S. West Texas Intermediate crude rose 3 cents to $52.08 a barrel, after […]
Asian shares hover around three-week highs on Chinese support measures
By Administrator_India, Capital Sands Asian shares reversed earlier losses on Monday and moved back toward a three-week top as Chinese efforts to cushion the blow from a coronavirus outbreak cheered investors, although Japanese stocks faltered amid growing recession risks. Trading is expected to be light as U.S. stocks and bond markets will be shut on […]
Coronavirus scare leaves China’s empty restaurants selling off stocks
By Ritu, Capital Sands Wang Chuanchao shuttered his restaurant in central Beijing three weeks ago as the scare over the coronavirus epidemic in country kept customers away and now he’s reduced to selling off vegetables on the street outside to cut losses. Anticipating packed tables at his 125-seater restaurant over the Lunar New Year, Wang […]
Economists eye silver lining in India’s rising rural inflation numbers
By Administrator_India, Capital Sands India’s rural inflation rate surged faster than urban inflation for the first time in 19 months in January, and economists are optimistic that signals something the country desperately needs – a revival in demand in the rural economy. Around two-thirds of India’s population depends on the rural sector with agriculture accounting […]