By Administrator_India Capital Sands The dollar held its earlier gains on Thursday morning in Asia, amid growing concern over the spike in COVID-19 cases in China and the U.S. Beijing reported 21 new cases linked to an outbreak at the Xinfadi market on Wednesday, while Texas reported an 11% jump in hospitalizations on the […]
By Administrator_India Capital Sands Oil prices fell on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second wave of the coronavirus pandemic threatened to halt any recovery of demand. Brent crude futures were down 89 cents, or 2.2%, at $40.07 a barrel […]
By Administrator_India Capital Sands India’s capital is fast running out of hospital beds amid a surge in coronavirus cases and is struggling to contain the pandemic, after critics said it did too little to prepare and reopened shopping malls and temples too soon. Some families of people infected with COVID-19 have complained about having to […]
By Administrator_India Capital Sands Gold was down in Asia on Monday morning, giving up some of its earlier gains, amid increasing investor fears of a second wave of COVID-19 cases over the weekend. Beijing reported a surge of 57 new cases on June 13 after weeks of single-digit numbers, after an outbreak in the […]
By Administrator_India Capital Sands Gold was down on Friday morning in Asia, with investors continuing to consolidate their gains from earlier in the week. The yellow metal hit a weekly high during the previous session, boosted by the U.S. Federal Reserve’s decision to keep interest rates low during its policy meeting on Wednesday. Gold […]
By Administrator_India Capital Sands Indian and Chinese military commanders made progress in talks on Wednesday to defuse a standoff along their disputed border in the western Himalayas after pulling back some troops in confidence-building gestures, Indian government officials said. Hundreds of soldiers have been ranged against each other in the remote snow desert of Ladakh […]
By Administrator_India Capital Sands India’s consumer price inflation is likely to have moderated to a six-month low in May on a softer rise in food prices as supply disruptions eased after businesses reopened from the coronavirus lockdown in many parts of the country. The June 4-9 poll of 35 economists showed that the consumer […]
By Administrator_India Capital Sands Gold was down on Tuesday morning in Asia, giving up its earlier gains in the aftermath of U.S. shares rallying overnight. The S&P 500 erased its losses and entered positive territory. Gold futures were down 0.22% to $1,701.35 by 12 PM ET (5 AM GMT). Investors retreated from the safe-have yellow metal […]
By Administrator_India Capital Sands Japan has set aside $92 billion in emergency budget reserves to prepare for a “protracted-war” against the novel coronavirus, Finance Minister Taro Aso said on Monday, detailing some spending from the massive pool of money seen by some as opaque. Aso made the remarks as the government presented parliament with […]
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