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May 2021

Asia shares try to extend rally ahead of U.S. jobs test

2021-05-31
By: Administrator_India
On: May 31, 2021
In: Stock Market News
With: 0 Comments

By Administrator_ India Capital Sands Asian shares were trying to extend their recent rally to a third week on Monday in the hope U.S. jobs figures show the expected revival in hiring in May and keep the global recovery on track. MSCI’s broadest index of Asia-Pacific shares outside Japan addedRead More →

Oil Up, Fueled by Continuous Increase in U.S. Fuel Demand

2021-05-28
By: Administrator_India
On: May 28, 2021
In: Commodity
With: 0 Comments

By Administrator_ India Capital Sands Oil was up Friday morning in Asia, ending the week by extending gains from the highest close in more than two years. Optimism as U.S. fuel demand continues to increase gave the black liquid a boost, even as concerns over a potential Iranian supply increaseRead More →

Oil settles higher on stronger demand outlook as U.S inventories fall

2021-05-27
By: Administrator_India
On: May 27, 2021
In: Commodity
With: 0 Comments

By Administrator_ India Capital Sands Oil prices settled higher on Wednesday as a drop in U.S. crude stockpiles reinforced expectations of improving demand ahead of the peak summer driving season, offsetting worries that a possible return of Iranian supply would cause a glut. Brent settled up 22 cents, or 0.3%, to $68.87Read More →

Equities & oil prices sink as Omicron makes waves

Japan ruling party heavyweight calls for $239-billion extra budget

2021-05-26
By: Administrator_India
On: May 26, 2021
In: Economy News
With: 0 Comments

By Administrator_ India Capital Sands Japan’s government is expected to compile an extra budget in October or November, senior ruling party lawmaker Kozo Yamamoto said on Wednesday, calling for spending of around $239 billion to cushion the economic blow from the COVID-19 pandemic. Yamamoto, a heavyweight close to former PrimeRead More →

Gold Steady Near Four-Month High Amid Fed Inflation Comments

Gold Steady Near Four-Month High Amid Fed Inflation Comments

2021-05-25
By: Administrator_India
On: May 25, 2021
In: Commodity
With: 0 Comments

By Administrator_ India Capital Sands Gold steadied near the highest level in more than four months as investors weighed comments by Federal Reserve officials who sought to soothe concerns about inflation. Governor Lael Brainard, Atlanta Fed President Raphael Bostic, and St. Louis’s James Bullard said they would not be surprisedRead More →

Oil Up as Iran Nuclear Deal Talks Continue

2021-05-24
By: Administrator_India
On: May 24, 2021
In: Commodity
With: 0 Comments

By Administrator_ India Capital Sands Oil was up Monday morning in Asia, with investor sentiment boosted by signs of the U.S.’ continuing economic recovery from COVID-19 and the improved outlook for fuel demand. Investors are also monitoring the progress of talks to revive a 2015 Iranian nuclear deal that is likely toRead More →

Bitcoin under pressure as comeback fades

Bitcoin under pressure as comeback fades

2021-05-21
By: Administrator_India
On: May 21, 2021
In: Forex Analysis
With: 0 Comments

By Administrator_ India Capital Sands Bitcoin fell 3% on Friday, giving up gains from the Asia session, as its recovery from this week’s plunge shows signs of faltering. Bitcoin fell to $39,262 on the Bitstamp exchange. That is roughly 30% above its Wednesday low, but just below its 200-day moving average.Read More →

Adani Green buys SB Energy from Softbank and Bharti; firm valued at $3.5 bn

2021-05-19
By: Administrator_India
On: May 19, 2021
In: Business
With: 0 Comments

By Administrator_ India Capital Sands Adani Green Energy Ltd. said on Wednesday it is acquiring SB Energy India from Softbank of Japan and India’s Bharti Group to add 4,954 MW in its renewable power portfolio. The deal is the biggest acquisition in India’s renewable power sector. The transaction values SB Energy IndiaRead More →

Litecoin Climbs 12% As Investors Gain Confidence

Litecoin Climbs 12% As Investors Gain Confidence

2021-05-18
By: Administrator_India
On: May 18, 2021
In: Cryptocurrency
With: 0 Comments

By Administrator_ India Capital Sands Litecoin was trading at $302.894 by 23:42 (03:42 GMT) on the Investing.com Index on Tuesday, up 12.23% on the day. It was the largest one-day percentage gain since May 5. The move upwards pushed Litecoin’s market cap up to $20.351B, or 0.98% of the total cryptocurrencyRead More →

Asia shares left listless by mixed China data

2021-05-17
By: Administrator_India
On: May 17, 2021
In: Stock Market News
With: 0 Comments

By Administrator_ India Capital Sands Asian share markets turned mixed on Monday as data on Chinese retail sales missed expectations though industrial output stayed solid, while more evidence of global inflation pressures helped gold to a three-month peak. Chinese retail sales rose 17.7% in April a year ago, short ofRead More →

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