Corona hits US

Commodiity
Corona hits US

US-China trade optimism to limit XAU/USD’s rebound

By Administrator_India Capital Sands Gold (XAU/USD) started out the week on the back foot and closed Monday below $1930, extending Friday’s weakness. The spot once again failed to sustain above the $1950 level, as the coronavirus vaccine optimism lifted the risk sentiment and dulled the haven appeal of gold. Wall Street closed at record highs while […]

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Asian market
Corona hits US

Stocks try to shake off second wave virus fears

By Administrator_India Capital Sands U.S. stock futures erased losses and Asian stocks held flat on Monday, trying to shake off worries that rising coronavirus cases in the United States could scupper a quick economic rebound from the massive downturn triggered by the pandemic. U.S. S&P 500 futures rose 0.4%, having erased early losses of 1.05% […]

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Asian market
Corona hits US

Dollar eases on defiant economic hopes, negative rates spectre

By Administrator_India Capital Sands The dollar slipped on Friday as investors defied a broader sense of doom around upcoming U.S. employment data and found reasons to buy riskier currencies with more governments slowly reopening their economies for business. The greenback was undermined by a further hit to its yield attraction as U.S. money markets priced […]

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Corona hits US
Japan Exports Slump

Japan exports slump as coronavirus hits U.S., Chinese demand

By Administrator_India Capital Sands Japan’s exports slumped the most in nearly four years in March as U.S.-bound shipments, including cars, fell at the fastest rate since 2011, highlighting the damage the coronavirus pandemic is inflicting on global demand and trade. Monday’s bleak data underscored the challenges Prime Minister Shinzo Abe’s government faces in dealing with […]

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