The Coronabond Sugar Rush Fades

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 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 →

Fear of coronavirus second wave stalks stock markets

By Ritu, Capital Sands Global stocks and oil prices fell on Wednesday as fears about a second wave of coronavirus infections gripped financial markets. Investors, many facing steep losses due to the pandemic-driven shakeout in assets over the past few months, have also had to contend with renewed U.S.-China tradeRead More →

Fear of coronavirus second wave stalks stock markets

By Ritu, Capital Sands European stock markets posted gains Monday, amid growing optimism as more countries start to reopen their economies. At 3:45 AM ET (0735 GMT), the DAX in Germany traded 0.5% higher, and France’s CAC 40 rose 0.2%. The U.K.’s FTSE index gained 0.8%, making up for lost time as Friday was a holiday.Read More →

India stocks lower at close of trade; Nifty 50 down 1.71%

By Administrator_India Capital Sands India stocks were lower after the close on Friday, as losses in the Real Estate, Banking and Metals sectors led shares lower. At the close in NSE, the Nifty 50 fell 1.71%, while the BSE Sensex 30 index declined 1.68%. The best performers of the session on the Nifty 50 were Reliance Industries Ltd. , whichRead More →

Europe Pushes Higher on Virus Hopes, Chinese Data

By Administrator_India Capital Sands European stock markets pushed mostly higher Tuesday, as traders returned from the Easter break hopeful the coronavirus outbreak may be peaking. At 3:35 AM ET (0735 GMT), the DAX in Germany rose 1.1%, France’s CAC 40 was up 0.5%, while the FTSE 100 in the U.K. underperformed, falling 0.1%. The broader based StoxxRead More →