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Dovish board member calls for review of BOJ’s policy framework

By Ritu, Capital Sands The Bank of Japan should review its monetary policy framework to re-examine its tools for propping up inflation, one of its board members said on Thursday, as the fallout from the coronavirus outbreak risks tipping the economy into recession....

Fear of coronavirus second wave stalks stock markets

By Ritu, Capital Sands Global stocks and oil prices fell on Wednesday as fears about a second wave of coronavirus infections gripped financial markets. Investors, many facing steep losses due to the pandemic-driven shakeout in assets over the past few months, have...

Dollar Consolidates After Hitting Two- Week High

By Ritu, Capital Sands The U.S. dollar was marginally lower in early European trade Monday, consolidating after hitting a two-week high against its major peers overnight amid growing fears about a second wave of coronavirus infections. At 2:55 AM ET (0655 GMT),...

Europe Pushes Higher as Trade War Threat Recedes

By Ritu, Capital Sands European stock markets pushed higher Friday, helped by a lessening of tensions between China and the U.S. ahead of key employment data. At 4 AM ET (0800 GMT), the DAX in Germany traded 0.8% higher, and France's CAC 40 rose 0.6%. The...

‘Free Money Forever’ Greases Telefonica’s U.K. Deal

By Ritu, Capital Sands It’s Europe’s biggest M&A deal since the continent went into lockdown: Spanish telecoms giant Telefonica is merging its U.K. business O2 with Virgin Media, owned by ‘cable cowboy’ John Malone’s Liberty Global. If approved by regulators, it...

Gold dips as risk appetite improves amid easing lockdowns

By Ritu, Capital Sands Gold prices slipped on Tuesday as the U.S. dollar strengthened and risk appetite among investors improved on optimism over easing of coronavirus-driven lockdowns by major economies. Spot gold was down 0.2% to $1,698.92 per ounce at 0924 GMT....

Glenmark to conduct trials in India for potential COVID-19 drug

By Ritu, Capital Sands Glenmark Pharmaceuticals Ltd said on Thursday it will start clinical trials in India of antiviral drug favipiravir, seen as a potential treatment for COVID-19, sending its shares up as much as 9%. The trials come after a Chinese official told...

Cheaper oil, foreign flows a tailwind for rupee

By Ritu, Capital Sands India’s rupee, among Asia’s worst performing currencies this year, could be the fastest in the region to rally as the world restarts economic activities after the coronavirus pandemic, oil prices weaken and the U.S. dollar eases broadly,...

Prince Charles and his wife join UK round of applause for carers

By Ritu, Capital Sands Prince Charles and his wife Camilla joined Britain’s “Clap for Carers” ritual on Thursday, their first appearance together since the heir to the throne recovered from the coronavirus. The nationwide event has become a weekly fixture in recent...

Indian refineries scale back output as virus chokes demand

By Ritu, Capital Sands India’s crude processing in March fell 5.7% from a year earlier, its biggest drop since September, as the coronavirus crisis and travel restrictions to curb its spread dented fuel demand and forced refineries to cut output. Refiners processed...

Gold Prices Up as Investors Seek Safe Haven During Oil storm

By Ritu, Capital Sands Gold prices in Asia rose on Wednesday morning in Asia as stocks took a hit from the sharp drop in oil prices. Gold futures were up by 1.11% at $1,706.60 by 11:17 PM ET (4:17 GMT), as Asian stocks reported losses for a second day in response to...

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Warning

Please beware of any scheme in the name FX Trading, Online Trading, Stock Market, Share or Financial Services which assure any fixed return. No fixed returns are possible. This is a new technology and is susceptible to high risks. If any company is assuring fixed returns, we believe its a Ponzi, MLM scheme or a scam.

Connect2Markets.com or its  subsidiary Company or Person not associated with any such schemes. We are only a Technology Provider.

Our name and identity has been used fraudulently in certain instances which we are aware of and have no control over. In as much as we sympathise with anyone who has lost money in this way, Connect2Markets cannot accept any responsibility for a fraudulent solicitation of payment in our name.

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