Tag «U.S»

Dollar stuck near two-week lows amid lower U.S. yields

Dollar stuck near two-week lows amid lower U.S. yields

By Administrator_India Capital Sands The U.S. dollar traded near more than two-week troughs versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve’s March policy meeting offered no new catalysts to dictate market direction. Fed officials remained cautious about the risks of the pandemic – even as the U.S. recovery …

Dow Bags Record Close as Boeing Flies in Gains on New Orders

Strong economic data lifts Dow, S&P 500 to record closes

By Administrator_India Capital Sands The Dow closed at a record high Monday, shrugging off weakness in energy stocks and bank stocks as Boeing racked up gains following new orders for its much maligned 737 Max jets. The Dow Jones Industrial Average rose 0.30%, or 98 points to close a record $33,171.77, the S&P 500 was 0.1% lower, and the Nasdaq …

Dollar Down, With ‘Twin Deficits’ Likely to Extend Dollar Weakness Into 2021

Dollar stuck near two-week lows amid lower U.S. yields

By Administrator_India Capital Sands The dollar was down on Thursday morning in Asia. It ended 2020 on a down note over bets that a global economic recovery in 2021 will pull money into riskier assets, even as the growing U.S. ‘twin deficits’ of a huge budget increase and trade deficits argue for an ever-cheaper greenback. …

US House approves Donald Trump’s $2,000 checks, sending to GOP-led Senate

US House approves Donald Trump's $2,000 checks, sending to GOP-led Senate

By Administrator_India Capital Sands The House has voted to increase COVID-19 relief checks to USD 2,000, meeting President Donald Trump’s demand for bigger payments and sending the bill to the GOP-controlled Senate, where the outcome is uncertain. Democrats led passage, 275-134, their majority favouring additional assistance. They had settled for smaller USD 600 payments in …

PM Boris Johnson faces lockdown revolt from more than 50 UK Tories

Boris Johnson, U.S., World News,

By Administrator_India Capital Sands More than 50 of Boris Johnson’s own Conservative members of Parliament have demanded a clear route out of lockdown for parts of northern Britain that helped give his party a majority in last year’s election. In a letter to the PM, the MPs warned that his pandemic strategy of targeting local …

U.S. teachers protest school reopenings, coronavirus cases down in South, West

By Administrator_India Capital Sands Teachers at dozens of school districts protested from their cars on Monday over plans by some U.S. governors to resume in-class instruction during the coronavirus pandemic, while Arizona, Florida, California and Texas saw declines in new cases. The teachers, who painted messages on their cars and formed caravans with other school …

India, U.S. closing in on trade deal

India, U.S. closing in on trade deal

By Administrator_India Capital Sands India and the United States are closing in on a trade deal, Commerce Minister Piyush Goyal said on Tuesday, after two years of negotiations. India is seeking concessions for generic drugs it exports to the United States in return for opening its dairy markets and slashing tariffs on farm goods as …

India seeks new preferential treatment from U.S. on drugs, other goods

Covid-19 vaccination: 81% of targeted beneficiaries get the jab in Odisha

By Administrator_India Capital Sands India is seeking concessions for generic drugs it exports to the United States in return for opening its dairy markets and slashing tariffs on farm goods as the two sides seek to shore up a new trade deal, three sources said. India accounts for 40% of U.S. generic drug imports, including …

U.S. sets one-day record with more than 60,500 COVID cases

France reopens UK border for travellers who are Covid-free

By Administrator_India Capital Sands More than 60,500 new COVID-19 infections were reported across the United States on Thursday, according to a Reuters tally, setting a one-day record as weary Americans were told to take new precautions and the pandemic becomes increasingly politicized. The total represents a slight rise from Wednesday, when there were 60,000 new …