By Administrator_India Capital Sands Asia’s stock markets fell and gold hit a one-week high on Thursday as worries about a second wave of coronavirus infections and a dour assessment of the way back from the head of the U.S. Federal…
By Administrator_India Capital Sands France’s death toll from the coronavirus rose by 348 to 26,991 on Tuesday, overtaking Spain to become the country with the world’s fourth-highest number of fatalities after the United States, Britain and Italy. Official data had…
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…
By Administrator_India Capital Sands U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China “Phase 1” trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement….
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…
By Administrator__India Capital Sands The coronavirus lockdown will not end yet, British Prime Minister Boris Johnson said on Sunday, urging people to “stay alert” to the risks as he outlined plans to begin slowly easing measures that have closed much…
By Administrator_India Capital Sands Australia will ease social distancing restrictions implemented to slow the spread of the coronavirus in a three-step process, Prime Minister Scott Morrison said on Friday, with the aim of removing all curbs by July. Australia imposed…
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…
By Administrator_India Capital Sands Hobbled emerging market currencies will struggle over the next three months against the stronger dollar as tensions between the United States and China over the coronavirus pandemic mount, a Reuters poll of FX strategists showed. Just…
By Ritu, Capital Sands The euro zone economy will contract by a record 7.7% this year because of the COVID-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday….