Month: April 2021

Gold Steady Near Four-Month High Amid Fed Inflation Comments
Commodity

Gold Down, as Mixed Economic Data Takes Shine off Yellow Metal

By Administrator_ India Capital Sands Gold was down on Friday morning in Asia, with investors digesting a slew of economic data as the month of April ends. Gold futures were up 0.12% to $1,766.15 by 11:11 PM ET (3:11 AM GMT). The U.S. GDP rose 6.4% quarter-on-quarter in the first quarter of 2021 and 553,000 initial jobless claims were filed […]

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Commodity

Oil prices extend gains as demand outlook offsets India concerns

By Administrator_ India Capital Sands Oil prices extended gains on Thursday after rising 1% the previous session, as bullish forecasts on recovering demand this summer offset concerns of rising COVID-19 cases in India, Japan, and Brazil. Brent crude for June edged up 8 cents, or 0.1%, to $67.35 a barrel by 0104 GMT while U.S. […]

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Coronavirus Update: India adds 44,658 new COVID-19 cases, 496 deaths
Coronavirus News

India’s Covaxin vaccine ‘very important antidote’ against Covid

By Administrator_ India Capital Sands Covaxin, India’s home-grown COVID-19 vaccine, has been found to neutralize the 617 variant of the deadly virus, White House chief medical adviser and America’s top pandemic expert Dr. Anthony Fauci said in Washington. Fauci was speaking to reporters during a conference call on Tuesday. “This is something where we’re still […]

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Economy News

Dollar near multi-week lows before Fed, bitcoin reclaims $54,000

By Administrator_ India Capital Sands The dollar hovered near multi-week lows versus major peers on Tuesday, weighed by subdued Treasury yields, as investors consolidated positions ahead of the Federal Reserve’s policy decision this week. The safe-haven greenback was also out of favor after world stocks started the week hitting a record high, amid increasing investor […]

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Dollar holds weak bias on expectations Powell will shun tapering
Economy News

Dollar holds weak bias on expectations Powell will shun tapering

By Administrator_ India Capital Sands The dollar nursed losses against most currencies on Monday amid speculation that U.S. Federal Reserve Chairman Jerome Powell will shun talk of tapering bond purchases at a policy meeting this week. The euro rose to a near two-month high against the greenback before data later on Monday forecast to show […]

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India

India logs 332503 new cases; 2256 deaths amid Oxygen woes

By Administrator_ India Capital Sands India reported 332,503 fresh¬†coronavirus¬†infections on Friday, taking the cumulative caseload to 16,257,309, Worldometer showed this morning. This is the first time any country has recorded over 300,000 cases in just 24 hours. Amid oxygen shortage and the faltering health system in the country, India saw 2,256 deaths in the highest […]

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What is a Trading Platform?
Trading Platform

What is a Trading Platform?

A trading platform is a software used for trading: opening, closing, and managing market positions through a financial intermediary such as an online broker. Online trading platforms are frequently offered by brokers either for free or at a discount rate in exchange for maintaining a funded account and/or making a specified number of trades per […]

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Market

BSE, NSE shut today on account of Ram Navami

By Administrator_ India Capital Sands The National Stock Exchange of India (NSE) and the BSE will remain closed on April 21 on account of Ram Navami. Wholesale commodity markets, including metal and bullion, will also remain shut. There will be no trading activity in the forex and commodity futures markets either. On April 20, while […]

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Britain adds India to travel 'red-list' as COVID-19 cases surge
Coronavirus News

Britain adds India to travel ‘red-list’ as COVID-19 cases surge

By Administrator_ India Capital Sands The United Kingdom has announced to impose its strictest travel curbs on India after an explosion of coronavirus cases in the country. The announcement was made on Monday, shortly after British Prime Minister Boris Johnson called off a scheduled trip to New Delhi. Health Secretary Matt Hancock said that it […]

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AirAsia announces free rescheduling on all flight bookings till May 15
International

AirAsia announces free rescheduling on all flight bookings till May 15

By Administrator_ India Capital Sands AirAsia India has announced free rescheduling on all flights for bookings till May 15, 2021. In a statement, the airline said that guests can now make unlimited changes for all bookings and changes made till May 15, irrespective of the travel dates, without incurring any flight change fees. “To ensure that […]

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