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 […]
Asian shares extend gains as investors count on stimulus, vaccines
By Administrator_India Capital Sands Asian shares advanced on Tuesday as prospects of a deal by European Union leaders to jointly fund recovery of their economies and hopes for a coronavirus vaccine lifted risk appetite. Japan’s Nikkei rose 0.6% while MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.5% to edge near its four-month peak […]
Euro’s gains support Asian currencies after ECB stimulus
By Administrator_India Capital Sands The euro held big gains on Friday after the European Central Bank expanded its stimulus more than expected to prop up an economy dealing with its worst recession since World War Two. The euro’s gains helped support appetite for riskier currencies in Asia with the Australian dollar holding gains and the […]
Stampede to Buy Euros at End-of-Month Fix Rattles FX Trading
By Administrator_India Capital Sands Traders rushed to buy euros in a bid to rebalance their portfolios on the last day of the month, prompting a sudden spike in the currency. The euro jumped to a two-week high versus the dollar around the time of the 4 p.m. London fix on Thursday as demand surged. […]