Asian Stocks Cautiously Optimistic Ahead of U.S. CPI Data
Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to show a sustained decline in U.S. inflation. Taiwan’s Weighted Index added 0.7%, the most among its regional peers, while China’s Shanghai Shenzhen and Hong Kong’s Hang Seng rose 0.5% and 0.3%, respectively, in catch-up trade. Gains in major automobile stocks also […]
Bitcoin slides below $40,000, ether tumbles
By Administrator_ India Capital Sands Bitcoin‘s volatile week-long slide saw it tumble to below the $40,000 mark on Wednesday as news of further restrictions on cryptocurrency transactions in China added to earlier concerns sparked by Tesla boss Elon Musk’s tweets. Bitcoin, the world’s biggest and best-known cryptocurrency, fell about 9% to as low as $38,940.04, […]
Expert Tips in Forex Trading and CFD or OTC Business
Expert Tips in Starting a Forex Trading and CFD or OTC Business with market 24hrs x 365days trading platform There are a lot of options for investments and businesses available worldwide, thus the need for foreign currency never diminishes. Since countries have their own fiat currency, they will always need to trade their local currency […]
Dollar Down Over Rising COVID-19 Numbers, Biden Power Transfer Concerns
By Administrator_ India Capital Sands The U.S. Dollar Index Futures that tracks the greenback against a basket of other currencies inched down 0.04% to 92.502 by 10:13 PM ET (2:13 AM GMT). Moderna Inc reported a 94.5% efficacy rate for its candidate mRNA-1273 on Monday on the back of its large, late-stage phase III COVE study. The […]
Asian Stocks Edge Higher, With Cautious Optimism Over COVID-19 Treatment
By Administrator_India Capital Sands Asian stocks were up on Monday morning, with cautious optimism over a new potential COVID-19 treatment using blood plasma from recovered patients helping stocks start the week on a high note. The U.S. Food and Drugs Administrations (FDA) on Sunday said that it had issued “emergency use approval’ for the […]
What is spread & tick (Pips) move and how does it work?
Spread & tick (Pips) is a derivative product, which means you don’t take ownership of the underlying asset but speculate on whichever direction you think its price will move – up or down. If your prediction is correct, you could profit, however if the price moves against you, you would incur a loss. Interested in […]