Commodity currencies fall as OPEC+ output cuts fail to allay demand anxiety
by By Administrator_India Capitals Sands Commodity currencies slipped against their safe-haven rivals such as the dollar and yen on Monday as a record output cut agreed …
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U.S. banks prepare to seize energy assets as shale boom goes bust
By Administrator_India Capital Sands Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time in …
Gold Down Despite Continued COVID-19 Fears
By Administrator_India Capital Sands Gold prices in Asia were down in Asia on Thursday morning despite the continuing economic uncertainty caused by the COVID-19 virus. The yellow metal could not …
China’s Wuhan lockdown ends, but local coronavirus cases rise across the country
By Administrator_India Capital Sands The Chinese city where the coronavirus epidemic first broke out, Wuhan, ended a two-month lockdown on Wednesday, allowing people to leave …
Japan set to announce coronavirus emergency, finalize near $1 trillion stimulus
By Administrator_India Capital Sands Japanese Prime Minister Shinzo Abe is set to announce a state of emergency on Tuesday for the capital Tokyo and six …
India’s March gold imports hit 6-1/2-year low on record price
By Admnisitrator_India Capital Sands India’s gold imports plunged more than 73% year-on-year in March to their lowest in 6-1/2 years as record domestic prices and a …
PM Modi plans staggered exit from vast coronavirus lockdown
By Administrator_India Capital Sands India will pull out of a three-week lockdown in phases, Prime Minister Narendra Modi said on Thursday, as officials battle to …
Dollar supported as investors seek safety in liquidity
By Administrator_India Capital Sands The dollar held gains on Thursday as investors rushed to the security of the world’s most liquid currency as the coronavirus …
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Oil majors slash 2020 spending by 20% after prices slump
by By Ritu, Capital Sands The world’s biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a …
Asian Stocks Rise on The Back of Better-Than-Expected Chinese PMI Figures
By Administrator_India Capital Sands Asian stock markets made modest gains as China announced a higher-than-expected Purchasing Manager’s Index data. China’s Shanghai Composite gained 0.41%, while Shenzhen …