By Administrator_India Capital Sands Asia’s stock markets pulled back and major currencies were held in check on Friday, as investors await the U.S. response to China tightening control over the city of Hong Kong. China’s parliament on Thursday pressed ahead with national security legislation for the city, raising fears overRead More →
By Administrator_India Capital Sands Japan will compile a fresh stimulus package worth $1.1 trillion that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Analyst showed on Wednesday. The stimulus, which will be fundedRead More →
By Administrator_India Capital Sands Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy. Japan’s Nikkei led the way with a rise of 2% to its highest sinceRead More →
By Administrator_India Capital Sands The White House on Sunday said it was restricting travel from Brazil to the United States, two days after the South American nation became the world’s No. 2 hotspot for coronavirus cases. The travel ban was a blow to right-wing Brazilian President Jair Bolsonaro, whoRead More →
By Administrator_India Capital Sands Hong Kong shares tumbled on Friday after Beijing moved to impose a new security law on the city after last year’s pro-democracy unrest, risking fresh protests and further straining fast-deteriorating U.S.-China ties. Hong Kong’s Hang Seng index fell 3.7% to a seven-week low, helping to pullRead More →
By Administrator_India Capital Sands Asian shares were poised to open higher on Thursday after global equities and crude prices rallied overnight on hopes of a rapid economic recovery and government support. Hong Kong futures edged higher. Nikkei futures were trading above the Nikkei 225 index’s previous close. Australian shares wereRead More →
By Administrator_India Capital Sands Asian stocks struggled to extend the week’s rally on Wednesday and gold and bonds firmed as a skeptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the global recovery from the pandemic returned. MSCI’s broadest index of Asia-Pacific shares outsideRead More →
By Administrator_India Capital Sands The sugar rush from Monday’s Franco-German proposal for a 500 billion-euro ($546 billion) Recovery Fund has faded quickly on Tuesday, with European stock markets mostly succumbing to profit-taking rather than extending gains. By 5:30 AM ET (0930 GMT), the benchmark Stoxx 600 was down 0.8%, while the French CACRead More →
By Administrator_India Capital Sands The number of COVID-19 cases in the United States exceeded 1.5 million on Monday, as total deaths caused by the new coronavirus approached 90,000. Most U.S. states reported a drop in new cases of the respiratory illness for the week ended May 17, with onlyRead More →
By Administrator_India Capital Sands The dollar was down on Monday morning in Asia, giving up some of its gains on Friday. U.S.-China tensions rose over the weekend after White House trade advisor Peter Navarro suggested in a “This Week” interview that Beijing sent “hundreds of thousands of Chinese on aircraft to Milan, New York and around theRead More →