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Category: Commodity Broker

Business News Commodity Broker 

Investors still remain attracted towards precious metals, thanks to US-China trade tensions

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By Administrator_India Capital Sands   Last week began with gold trading near record high levels, although a few factors along the way started to turn around, including hopes for a COVID-19 vaccine, rise in treasury yields, strong dollar and positive economic data. There are no words which can describe last week’s movement as even “wild swings” is an understatement. Although, after experiencing an intense session of profit-taking earlier in the week, gold is trading back above $1,950 per troy ounce. Some caution is necessary and should be expected after the…

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Commodity Commodity Broker 

Gold Up Over Rising COVID-19 Cases and U.S.-China Tensions

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By Administrator_India Capital Sands   Gold was up on Friday morning in Asia, amid a rising number of COViD-19 cases in China and the U.S. as well as rising U.S.-China tensions. Beijing reported 25 new COVID-19 cases on Thursday, with the number of cases linked to an outbreak in the Xinfadi market now standing at almost 200. Some U.S. states also reported a spike in cases. Meanwhile, U.S. President Trump also warned on Thursday that cutting ties with China remained a possibility a day after Secretary of State Mike Pompeo…

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Asian Market Commodity Broker 

Asian Stocks Up Despite COVID-19 Uncertainty

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By Administrator_India Capital Sands   Asian stock markets were up on Tuesday with modest gains despite the economic uncertainty unleashed by the COVID-19 pandemic. Japan’s Nikkei 225 rose 1.89%. Conglomerate Softbank Group saw its shares gain 2.95% as they rallied from an earlier drop of more than 3% the day before. The company announced that its Vision Fund expected to see a loss of JPY 1.8 trillion ($16.69 billion) for the 2019 fiscal year due to a “deteriorating market environment.” China’s Shanghai Composite was up 0.57% while the Shenzhen Component was up 0.93%. with Chinese trade data for March set to be released later in the day. Investors will be taking a close look at the data as Wuhan lifted its three-month lockdown in…

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Real Reviews of capitalsands.com (Capital Sands Financial Services Ltd.) from Customers !!! Best ECN broker in India Best MT5 Broker Commodity Broker Forex Trading with Capital Sands 

Real Reviews of capitalsands.com (Capital Sands Financial Services Ltd.) from Customers !!!

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Real Reviews of capitalsands.com (Capital Sands Financial Services Ltd.) from Customers !!! For capitalsands.com, your opinion is truly valued. We strive to provide you the best Forex (Fx Trading) platform experience. Read authentic and unedited reviews collected directly by Approved Customers of FX Business.  

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Commodity currencies fall as OPEC+ output cuts fail to allay demand anxiety

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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 by OPEC and other oil-producing nations failed to offset broader concerns about slumping global demand. The greenback drifted higher against its Australian and New Zealand counterparts, widely seen as barometers for market risk, in a sign investors remain concerned about the consumption outlook for commodities. Financial markets remain on edge over the spread of the novel coronavirus as severe restrictions on personal movement drag the…

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South Asian nations weigh tighter lockdowns as coronavirus cases hit 12,000 Best ECN broker in India Best MT5 Broker Commodity Broker Forex Analysis Forex Trading with Capital Sands 

South Asian nations weigh tighter lockdowns as coronavirus cases hit 12,000

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By Ritu, Capital Sands India accounts for more than half the tally of those infected with coronavirus across south Asia, which crossed 12,000 on Friday, government data showed, despite a harsh weeks-long clampdown to control the outbreak. India’s capital of Delhi, and its financial hub of Mumbai, have emerged as hotspots and local officials are urging Prime Minister Narendra Modi to extend a 21-day nationwide lockdown beyond its expiry date of Tuesday. India’s vast shutdown of 1.3 billion people has left millions out of work and forced an exodus of…

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Supreme Court order for free coronavirus testing may hinder fight, say business leaders, health experts Best ECN broker in India Best MT5 Broker Commodity Broker Forex Analysis Forex Trading with Capital Sands 

Supreme Court order for free coronavirus testing may hinder fight, say business leaders, health experts

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By Ritu, Capital Sands A decision by the Supreme Court of India to make testing for coronavirus free places an unfair financial burden on medical firms and could see a reduction in testing, already among the world’s lowest, said business leaders and health experts. The concern is that private medical firms, like many businesses in India are struggling financially, and could go under if they tested for free without financial assistance. Kiran Mazumdar Shaw, executive chairperson of Biocon Limited, one of India’s biggest biotech firms, said private institutions could not…

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Gold Down Despite Continued COVID-19 Fears

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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 hold onto its steady gains from the previous session as gold futures dropped by 0.11% at $1,82.45. For the third day in a row, prices for the yellow metal were in sync with stocks. The two prices usually move in the opposite direction. Asian stocks were mixed as investors await the release of U.S. jobless data later in the day.  Gold prices gained earlier in the day in anticipation of…

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Euro zone economy shrinks at record rate, inflation slows sharply Best ECN broker in India Best MT5 Broker Commodity Broker Forex Analysis Forex Trading with Capital Sands 

Euro zone investor morale hits all-time low on coronavirus

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By Ritu, Capital Sands Investor morale in the euro zone fell to an all-time low in April and the bloc’s economy is in deep recession due to the coronavirus, which is “holding the world economy in a stranglehold”, a survey showed on Monday. Sentix’s index for the euro zone fell to -42.9 from -17.1 in March. The Reuters consensus forecast was for a fall to -30.3. The force of recession was much stronger in April than in March, said Sentix managing director Patrick Hussy. “The situation is … much worse…

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PM Modi plans staggered exit from vast coronavirus lockdown

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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 contain the country’s biggest cluster of coronavirus infections in the capital, New Delhi. The shutdown, which has brought Asia’s third-largest economy to a shuddering halt, had been due to end on April 14. Modi ordered India’s 1.3 billion people indoors to avert a massive outbreak of coronavirus infections, but the world’s biggest shutdown has left millions without jobs and forced migrant workers to flee to…

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