Monthly archives: June, 2021

Facebook hits $1 trillion value after judge rejects antitrust complaints

Oil prices advance amid U.S. supply tightness signals

By Administrator_India Capital Sands A U.S. judge on Monday dismissed federal and state antitrust complaints against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp, saying the federal complaint was “legally insufficient.” Facebook shares rose more than 4% after the ruling. The share price rise put Facebook’s market capitalization …

Dollar Up Despite Softer-Than-Expected Inflation Data

Dollar holds upper hand after retail sales boost

By Administrator_India Capital Sands The dollar was up on Monday morning in Asia although the U.S. inflation data was slightly softer than expected. Investors remained concerned about a tightening monetary policy if the consumer price pressures continue to intensify. The US Dollar Index that tracks the greenback against a basket of other currencies inched up 0.03% to 91.868 by …

Dollar firm as traders brace for U.S. inflation data

Dollar holds upper hand after retail sales boost

By Administrator_India Capital Sands The U.S. dollar held near multi-month highs on Friday as investors warily awaited U.S. inflation data, while the pound nursed modest losses after Bank of England (BoE) policymakers leaned away from flagging rate rises. Early Asia trade was steady, with the euro pinned below its 200-day moving average at $1.1930 and …

Dollar rally sputters as Fed sends mixed signals on inflation

Dollar rally sputters as Fed sends mixed signals on inflation

By Administrator_India Capital Sands The U.S. dollar vacillated below an 11-week high versus major peers on Thursday as traders attempted to navigate conflicting signals from Federal Reserve officials on the timing of a withdrawal of monetary stimulus. The dollar index, which measures the greenback against six rivals, stood at 91.806 early in the Asian session after …

Stocks to watch: Hero Moto, NMDC, HDFC Bank, Centrum Capital, VIL, CDSL

Nifty Seen Opening Below 17,550; Mphasis, Torrent Power In Focus

By Administrator_India Capital Sands Nifty futures on SGX traded 63 points or 0.40 per cent higher at 15,832 around 8.40 am, indicating a strong start for the benchmark indices on Wednesday. Here are the top stocks to track today: Earnings Today: Apollo Hospitals Enterprise, HCC, Mcleod Russel India, Mercator and V2 Retail are among 64 companies …

Oil price falls but sentiment stays strong on demand recovery hopes

Oil Up, Fuel Demand Outlook Clears Over Full Vaccine Approval

By Administrator_India Capital Sands Crude dropped on Tuesday as investors cashed in on a recent rally, but market sentiment remained solid on hopes for a quick recovery in oil demand in the U.S. and European markets and fading expectations for an early return of Iranian crude. Brent crude futures for August eased 10 cents, or 0.1%, to …

Oil edges up as Iran nuclear talks drag on

Oil Up, Fuel Demand Outlook Clears Over Full Vaccine Approval

By Administrator_India Capital Sands Oil prices nudged up on Monday, underpinned by strong demand during the summer driving season and a pause in talks to revive the Iran nuclear deal that could indicate a delay in resumption of supplies from the OPEC producer. Brent crude futures for August gained 30 cents, or 0.4%, to $73.81 a …

Bonds stung, dollar cheered by sudden hawkish turn at Fed

Nifty Seen Opening Below 17,550; Mphasis, Torrent Power In Focus

By Administrator_India Capital Sands Asian equities fell to a three-week low on Thursday after the U.S. Federal Reserve stunned investors by signalling it might raise interest rates at a much faster pace than assumed, sending bond yields and the dollar sharply higher. The dollar boasted its strongest single day gain in 15 months as 10-year …