By Administrator_India, Capital Sands Asian markets rose on Wednesday morning, building on gains from the previous session. Chinese and Japanese stocks climbed more than 1%. China’s Shanghai Composite gained 1.6% , while the Shenzhen Component jumped 2.5%. The People’s Bank of China lowered interest rates on reverse repurchase agreements this week, reducing the 7-day reverse repo rate […]
By Administrator_India, Capital Sands China’s currency and stock markets steadied in choppy trade on Tuesday, after anxiety over the spreading coronavirus the previous session hit the yuan and erased some $400 billion in market value from Shanghai’s benchmark index. The Shanghai Composite opened 2% lower, before wobbling its way back from losses to stand 0.6% […]
By Administrator_India, Capital Sands Britain’s access to the European Union’s single market will depend on its alignment with the bloc’s rules and regulations, EU Brexit negotiator Michel Barnier said on Friday. He said an offer of zero tariffs and zero quotas on all goods to the UK, which left the EU last week, would be […]
By Administrator_India, Capital Sands Oil prices extended their losses on Monday, dragged down by worries about lower demand in China, the world’s largest oil importer, following a coronavirus outbreak there. Brent and U.S. West Texas Intermediate crude fell for a fourth week in a row last week after airlines canceled flights to China. Supply chains […]
By Administrator_India, Capital Sands The U.S. Senate impeachment trial of Donald Trump enters a new phase on Friday as senators deliberate and aim to vote on whether witnesses and new evidence should be sought before voting on acquittal or conviction of the Republican president. Late on Thursday, senators completed two days of questioning of Trump’s […]
By Administrator_India, Capital Sands Wall Street finished solidly higher Thursday, coming back from a day of mostly sharp losses, after the World Health Organization declared the coronavirus a global health emergency, but backed China’s efforts to contain the outbreak, calming fears of a global pandemic. The S&P 500 rose 0.31%, while the Nasdaq Composite gained 0.26% and the Dow Jones […]
By Administrator_India, Capital Sands The Euro Pound exchange rate rose by 0.3% this morning, with the pairing currently trading around £0.848 as UK markets remain jittery ahead of this afternoon’s Bank of England interest rate decision.The BoE’s decision is on a ‘knife-edge’. With just one day to go until the UK officially leaves the European […]
By Administrator_India, Capital Sands The S&P closed lower Wednesday as the Federal Reserve left interest rates unchanged and investors digested mixed corporate earnings. The S&P 500 fell 0.09%, while the Nasdaq Composite rose 0.06% and the Dow Jones Industrial Average added 0.04%. The Federal Reserve left interest rates unchanged and signaled that it would continue with its repo funding through the […]
By Administrator_India, Capital Sands The danger of committing to an inflation target and difficulty of managing expectations were debated in earnest at the Bank of Japan a decade ago, showed transcripts released on Wednesday, as U.S. and European central bankers grapple with similar topics. The U.S. Federal Reserve and the European Central Bank have been […]
By Administrator_India, Capital Sands A motion for Iran to quit the nuclear Non-Proliferation Treaty (NPT) was introduced in parliament on Tuesday, the assembly’s news site ICANA reported, in a move that appears to raise the stakes in Tehran’s confrontation with the West. The report did not say when parliament might vote on the motion. Iran’s […]