May 2020 – TradenTalks

Asian stocks slip as markets await Trump’s Hong Kong response

May 29, 2020 Administrator_IndiaAsian stocks slip0 comment

By Administrator_India Capital Sands Asia’s stock markets pulled back and major currencies were held in check on Friday, as investors await the U.S. response to China tightening control over the city of Hong Kong. China’s parliament on Thursday pressed ahead with national security legislation for the city, raising fears over the future of its democratic freedoms and function as a finance hub. U.S. President Donald Trump, who has vowed a tough response, said he will hold a news conference on China later on Friday. Trepidation about a further deterioration in…

BOJ Covid-19

Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

May 27, 2020 Administrator_IndiaJapan eyes fresh $1.1 trillion stimulus0 comment

By Administrator_India Capital Sands Japan will compile a fresh stimulus package worth $1.1 trillion that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Analyst showed on Wednesday. The stimulus, which will be funded partly by a second extra budget, will be on top of a $1.1 trillion package already rolled out last month, putting the total amount Japan spends to combat the virus fallout at 234 trillion yen – roughly 40% of Japan’s…

BOJ Covid-19

Japan shares hit 10-week peak, S&P 500 tests 3,000

May 26, 2020 Administrator_IndiaJapan shares hit 10-week peak0 comment

By Administrator_India Capital Sands Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy. Japan’s Nikkei led the way with a rise of 2% to its highest since early March when the economic impact of the coronavirus was just becoming clear. MSCI’s broadest index of Asia-Pacific shares outside Japan added 1.4%, while South Korea rose 1.1%. While Wall Street had been shut on Monday, E-Mini futures for the…

Business Economic News

U.S. limits travel from Brazil amid worsening coronavirus outbreak

May 25, 2020 Administrator_IndiaU.S. limits travel from Brazil0 comment

By Administrator_India Capital Sands The White House on Sunday said it was restricting travel from Brazil to the United States, two days after the South American nation became the world’s No. 2 hotspot for coronavirus cases. The travel ban was a blow to right-wing Brazilian President Jair Bolsonaro, who has followed the example of U.S. President Donald Trump in addressing the pandemic, fighting calls for social distancing and touting unproven drugs. The Brazilian president’s office did not respond to a request for comment. “The U.S. maintains a strong partnership…

Asian Market Economic News

Hong Kong leads Asian shares lower as Beijing readies new security law

May 22, 2020 Administrator_IndiaHong Kong shares0 comment

By Administrator_India Capital Sands Hong Kong shares tumbled on Friday after Beijing moved to impose a new security law on the city after last year’s pro-democracy unrest, risking fresh protests and further straining fast-deteriorating U.S.-China ties. Hong Kong’s Hang Seng index fell 3.7% to a seven-week low, helping to pull down the MSCI broadest index of Asia-Pacific shares outside Japan 1.2%. Japan’s Nikkei slipped 0.25%, while South Korea’s Kospi fell 0.7%. China is set to impose new national security legislation in Hong Kong, a Chinese official said on Thursday. The decision…

Entrepreneur

Arun Kumar Saini ने लिखी कामयाबी की नई इबारत, Capital Sands ने लगाई ऊंची छलांग

May 22, 2020May 23, 2020 Administrator_IndiaCapital Sands0 comment

By Administrator_India Capital Sands देश के सबसे प्रतिष्ठित और संस्‍थानों में शुमार (Capital Sands by Arun Kumar Saini) सफलता के नित नए कीर्तिमान रच रही है. इसी कड़ी में इसने इस साल मार्च के महीने में 1500 यूजर्स के आंकड़े को पार कर लिया. ताजा रैकिंग के अनुसार इस वित्‍तीय वर्ष में इसमें 134% की वृद्धि दर देखी गई जोकि देश के टॉप 9 Forex Broker में सर्वाधिक है. Capital Sands अपने बेहतरीन प्रदर्शन के साथ इस दौरान अपने टॉप प्रतिस्‍पर्धियों की तुलना में सबसे आगे रहा. Capital Sands के सीईओ (Global…

Asian Market Covid-19

Asian stocks adrift as vaccine rally falters

May 20, 2020 Administrator_IndiaAsian stocks struggled0 comment

By Administrator_India Capital Sands Asian stocks struggled to extend the week’s rally on Wednesday and gold and bonds firmed as a skeptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the global recovery from the pandemic returned. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat. The risk-sensitive Australian dollar retreated from an overnight two-month high and safe-haven demand drove U.S. Treasury yields back under 0.7%. The moves follow a downbeat end to the day on Wall Street, after a report from medical…

Stock

The Coronabond Sugar Rush Fades

May 19, 2020 Administrator_IndiaECB, German0 comment

By Administrator_India Capital Sands The sugar rush from Monday’s Franco-German proposal for a 500 billion-euro ($546 billion) Recovery Fund has faded quickly on Tuesday, with European stock markets mostly succumbing to profit-taking rather than extending gains. By 5:30 AM ET (0930 GMT), the benchmark Stoxx 600 was down 0.8%, while the French CAC 40 was down 0.9% and the Italian FTSE MIB was down 1.2%. That may seem odd, given how much has been said and written about the importance of Europe acting together and pooling its fiscal firepower. If adopted, the proposal can be a…

Covid-19 Political News

U.S. coronavirus cases top 1.5 million, infections rise in some southern states

May 19, 2020 Administrator_IndiaUS Economy0 comment

By Administrator_India Capital Sands The number of COVID-19 cases in the United States exceeded 1.5 million on Monday, as total deaths caused by the new coronavirus approached 90,000. Most U.S. states reported a drop in new cases of the respiratory illness for the week ended May 17, with only 13 states seeing a rise in infections compared to the previous week, a separate Analyst analysis found. Tennessee had the biggest weekly increase with 33%. Louisiana’s new cases rose 25%, and Texas reported 22% more cases than in the first…

Corona Hits US Covid-19

Dollar Down Amid Rising U.S.-China Tensions

May 18, 2020 Administrator_IndiaDollar Down0 comment

By Administrator_India Capital Sands The dollar was down on Monday morning in Asia, giving up some of its gains on Friday. U.S.-China tensions rose over the weekend after White House trade advisor Peter Navarro suggested in a “This Week” interview that Beijing sent “hundreds of thousands of Chinese on aircraft to Milan, New York and around the world” to spread the virus after hiding it from the world for two months. Meanwhile, U.S. Federal Reserve Chair Jerome Powell said in a separate interview that the U.S. economy could shrink up to 30% in the second quarter but will avoid a second Great Depression in…