How much of a price jump is harder to predict since the safe-passage deal was already set to expire in mid-November if no agreement is reached to extend it Traders are bracing for a fresh spike in grain prices after Russia’s exit from a deal allowing Ukraine crops to move from the Black Sea to […]
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Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC supply cut and the prospect of more disruptions in Russia kept prices pinned near a one-month high London-traded Brent oil futures fell 0.7% to $97.73 a barrel, while U.S. West Texas Intermediate crude futures fell […]
Govt hikes DA by 4% under 7th Pay Commission; details here
The Union Cabinet has hiked the Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from the current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to a higher […]
India reports 3,207 new Covid cases, 29 deaths, and a 0.95 percent positive rate
According to Union Health Ministry data published on Monday, India recorded 3,207 new coronavirus infections, bringing the overall number of COVID-19 cases to 4,31,05,401, while active cases fell to 20,403. The death toll has risen to 5,24,093 with 29 more fatalities, according to figures updated at 8 a.m. According to the government, active cases account […]
Federal Reserve Interest Rate Decision December 10-11 Preview: Watching for the Projection Materials
By Ritu, Capital Sands No expectation for a change in the fed funds target rate. US economy has strengthened since the October FOMC. Market interest will be on the Fed’s rate and GDP estimates for 2020 and 2021. The Federal Reserve will finish its scheduled two day meeting of the Federal Reserve Open Market Committee […]
best forex broker capital sands financial services ltd
the global foreign exchange (forex) market is the largest and most actively traded financial market in the world, by far. When looking for the ‘best’ forex broker, both beginners and experienced traders generally look for several key features and benefits. Among the most important of these are fees (including spreads and commissions), trading platform(s) (including software, web-based, […]