By Administrator_India, Capital Sands   Prime Minister Narendra Modi’s government is expected to raise spending on infrastructure and cut some personal tax in its 2020/2021 budget, to spur consumer demand and investment, government sources and economists said. India is facing its worst economic slowdown in a decade. Growth slipped toRead More →

Dollar in Demand, Euro, Pound Under Pressure

By  Administrator_India, Capital Sands The U.S. dollar remains strong Tuesday, as heightened concerns about the spread of the deadly coronavirus in China prompt demand for currencies as safer. At 08:00 ET (0800 GMT), the USD/JPY traded 0.2% higher at 109.08, having fallen as low at 108.83 overnight. The US Dollar Index Futures, which tracksRead More →

By Administrator_India, Capital Sands Oil futures slipped on Tuesday, extending losses into a sixth session as the spread of a new virus in China and other countries raised concerns about a hit to economic growth and slower oil demand. Brent crude was down 15 cents, or 0.3%, to $59.17 atRead More →

European shares slump as coronavirus fears worsen

By  Administrator_India, Capital Sands European shares dropped sharply in early trading on Monday as growing concerns over the potential economic damage from a fast-spreading coronavirus sapped demand for riskier assets. Death toll from the outbreak in China rose to 81 and the virus spread to more than 10 countries includingRead More →

By Administrator_India, Capital Sands   Iraqi security forces shot at anti-government protesters in Baghdad on Sunday, killing at least one person, and unidentified men set fire to sit-in tents in a southern Iraqi city, police and medics said, as months-long civil unrest escalated. Separately, at least one of five KatyushaRead More →

Euro-Area Economic Growth Remains ‘Muted’ at Start of 2020

By Administrator_India, Capital Sands The euro-area economy continued to trundle along at the beginning of 2020, despite signs of a pickup in Germany. IHS Markit’s composite Purchasing Managers’ Index for the region stayed at 50.9 in January, falling short of the 51.2 median forecast of economists. There was a drag from France,Read More →

By Administrator_India. Capital Sands Stocks made a barely positive start in early Asian trade on Friday after the world’s health body called it a little too early to declare a coronavirus outbreak a global emergency. But worries over rapid spread of the deadly virus kept investors on guard as millionsRead More →

By Administrator_India. Capital Sands Stocks made a barely positive start in early Asian trade on Friday after the world’s health body called it a little too early to declare a coronavirus outbreak a global emergency. But worries over rapid spread of the deadly virus kept investors on guard as millionsRead More →

Swiss National Bank

By Administrator_India, Capital Sands Negative interest rates are a necessity for Switzerland, with recent policy tweaks designed to allow the measure to be maintained or even cut deeper, Swiss National Bank Chairman Thomas Jordan said on Thursday. “We know that negative rates also have side effects, that is the reasonRead More →

By Administrator_India, Capital Sands. Soaring temperatures and strong winds stoked bushfires in Australia’s southeast on Thursday, with Sydney forecast to hit 41 degrees Celsius (105.8 Fahrenheit) following a few days of cooler weather. A fire in the Snowy Mountains region and one in the Bega Valley on the south coastRead More →