Entrepreneur

Success is the fruit of Hard work

Success is the fruit of Hard work Entrepreneurs are people who dare to go think beyond the obvious and make things happen. Their way of thinking goes beyond the creative ability of their competitors. Businesses which now have a global presence were once small and unassuming. One such example is Arun Kumar Saini (Young Indian Entrepreneur) […]

China US

Dollar Down On Simmering U.S.-China Tensions

By Administrator_India Capital Sands   The dollar was down on Friday morning, ending the week by giving up some of its gains from Thursday. Investors are keeping an eye on simmering U.S.-China tensions, with U.S. President Trump saying in an interview overnight that he did not want to speak with Chinese counterpart Xi Jinping and suggesting that he could […]

London Stock Exchange UK

London Stock Exchange seeks EU approval for $27 billion Refinitiv bid

By Administrator_India Capital Sands   The London Stock Exchange on Wednesday formally asked the European Union’s competition officials to approve its $27 billion takeovers of data and analytics company Refinitiv. The European Commission set a June 26 deadline for its decision, the notification said. It can clear the deal with or without conditions or open […]

Dollar Rebounds From Lows as Fed Ups Growth Outlook, Signals Low Rates to Continue COVID19 Economy

Dollar on defensive, eyes on Powell amid negative rates debate

By Administrator_India Capital Sands The dollar was on the defensive against its rivals on Wednesday as traders looked to Federal Reserve Chairman Jerome Powell’s speech amid rising speculation the United States could one day adopt negative interest rates. Risk-sensitive currencies lacked momentum as a warning from a top U.S. health official about the dangers of […]

Gold Down Ahead of Central Bank Policy Decisions in Japan, U.S. Commodity Trader

Gold edges up on fears about second wave of infections

  • May 12, 2020
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By Ritu, Capital Sands Gold inched up on Tuesday amid growing fears of a coronavirus resurgence in some countries and prospects of Sino-U.S. tensions flaring further, though gains were capped by a stronger dollar. Spot gold edged up 0.1% to $1,698.09 per ounce by 0617 GMT. U.S. gold futures climbed 0.4% to $1,704.10 per ounce. […]

Indian bond yields surge as government borrowing balloons India

Indian bond yields surge as government borrowing balloons

  • May 11, 2020
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By Ritu, Capital Sands India’s benchmark 10-year bond yield surged on Monday following the government’s decision to sharply increase market borrowing amid a major hit to the economy and public finances from the coronavirus pandemic. The government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from the […]

Global economy in 2020 on track for sharpest downturn since 1930s COVID19 Japan

Japan eyes more spending backed by second extra budget to combat pandemic fallout

By Admininstrator_India Capital Sands Japan will take additional stimulus measures “swiftly” to combat the fallout from the coronavirus pandemic, Prime Minister Shinzo Abe said, signaling a readiness to compile a second supplementary budget during the current Diet session running through June. The new package of steps would aim to cushion the blow to the world’s […]

Gold Down Ahead of Central Bank Policy Decisions in Japan, U.S. Economy Gold

Gold Up After Investors Digest U.S. Jobless Numbers

By Administrator_India Capital Sands   Gold was up on Asia on Friday morning, continuing its gains of around 2% from the previous session. Gold futures were up by 0.07% at $1,726.95, clawing back its slide of 0.2% earlier in the session. Investors sought the safe-haven yellow metal after the U.S. said on Thursday that 3.169 million Americans claimed unemployment last week. The country now has an unemployment rate of […]

Pound Climbs After BOE Maintains Size of Bond-Buying Program Forex

Pound Climbs After BOE Maintains Size of Bond-Buying Program

  • May 7, 2020
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By Ritu, Capital Sands The pound rallied after the Bank of England refrained from boosting its bond-buying program and held its benchmark interest rate steady. Sterling recovered from a two-week low as the BOE kept interest rates and quantitative easing unchanged in a rare early morning policy announcement. The central bank has already slashed interest […]