May 12, 2021

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Ethereum Climbs In Bullish Trade

By Administrator_ India Capital Sands The move upwards pushed Ethereum's market cap up to $490.91B, or 19.37% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $479.29B. Ethereum had traded in a range of $4,151.39 to $4,238.94 in the previous twenty-four hours. Over the past seven days, Ethereum has seen a rise in value, as it gained 26.44%. The volume of Ethereum traded in the twenty-four hours to time of writing was $51.25B or 21.87% of ...
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UK government lowers NatWest stake with $1.5 billion share sale

UK government lowers NatWest stake with $1.5 billion share sale

By Administrator_ India Capital Sands The British government has completed the sale of 1.1 billion pounds ($1.55 billion) in shares of NatWest, lowering its stake in the lender it bailed out over a decade ago to below 55%. UK Government Investments, the state-owned company that controls the shares, said the shares were priced at 190 pence, 4% below Monday's closing price of 197 pence. The sale of around 580 million shares reduces the government's ownership from 60% previously. NatWest has ...
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Market 24x365, A new 3-in-1 trading platform appeared on the Forex market

Market 24×365, A new 3-in-1 trading platform appeared on the Forex market

HND Ventures Forex and Crypto turnkey Technology Provider are delighted to announce the release of the brand new product – Market 24x365, 3in1 trading platform for MT4/MT5 Market 24x365, a new 3in1 trading platform appeared on the Forex market. HND Ventures  Forex and Crypto turnkey Technology Provider are delighted to announce the release of the brand new product – Market 24365, a 3-in-1 trading platform for MT4/MT5. The new platform offered to brokers consists of web, mobile, and desktop applications which make ...
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Dollar holds near two-week high, U.S. jobs data eyed for Fed clues

Dollar holds near two-week high, U.S. jobs data eyed for Fed clues

By Administrator_ India Capital Sands The dollar hovered below a two-week high on Thursday, consolidating ahead of a key U.S. jobs report that may provide clues on when the Federal Reserve will dial back monetary stimulus. The greenback has rebounded from a one-month low over the past week, swung by U.S. economic data that has largely supported the case for a rapid recovery from the pandemic, with traders weighing whether a lift in inflation may force the Fed's hand earlier ...
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India, UK decide to wrap up key talks for Free Trade Agreement by year-end

India, UK decide to wrap up key talks for Free Trade Agreement by year-end

By Administrator_ India Capital Sands India and the United Kingdom have decided to wrap up key talks on trade issues by the end of 2021, expediting negotiations for a proposed free trade agreement (FTA) between both nations in the future. Bilateral trade and investment ties were a major part of the talks between Prime Minister Narendra Modi and his British counterpart Boris Johnson during the digital summit held on May 5. The proposed FTA is a key part of the Enhanced Trade Partnership (ETP) ...
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European Stock Futures Mixed; Reopening Confidence Grows

European Stock Futures Mixed; Reopening Confidence Grows

By Administrator_ India Capital Sands European stock markets are seen opening in a mixed fashion Tuesday, amid continued concerns over rising Covid-19 cases in India but also optimism as major economies around the world reopen. At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.2% lower, CAC 40 futures in France dropped 0.2% but the FTSE 100 futures contract in the U.K. rose 0.6%. Monday's session on Wall Street saw the Dow Jones Industrial Average end 0.7% higher, the broad-based S&P 500 gain 0.3%, but the Nasdaq ...
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Asian Stocks Up, but Inflation Concerns Re-Emerge

Asian Stocks Up, but Inflation Concerns Re-Emerge

By Administrator_ India Capital Sands Asia Pacific stocks were mostly up Monday morning, with volumes thin over the closure of two major markets in the region and re-emerging inflation concerns. Chinese and Japanese markets are closed for a holiday. In Australia, the ASX 200 edged up 0.14% by 10:30 PM ET (2:30 AM GMT), ahead of the Reserve Bank of Australia’s policy decision due to be handed down on Tuesday. April’s Australian Industry Group manufacturing index, released earlier in the day, was at 61.7, higher ...
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Gold Down, as Mixed Economic Data Takes Shine off Yellow Metal

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 over the past week, with government support such as money to mostly low-income households driving Thursday’s positive data. Investors also continue to monitor progress on a ...
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Oil prices extend gains as demand outlook offsets India concerns

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. West Texas Intermediate crude for June was at $63.98 a barrel, up 12 cents, or 0.2%. OPEC, Russia, and their allies, a group known as ...
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India's Covaxin vaccine 'very important antidote' against Covid

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 gaining data on a daily basis. But the most recent data was looking at convalescent Sera of COVID-19 cases and people who received the vaccine ...
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