Wall Street closes down, European stocks end little-changed

By Administrator_India Capital Sands European stocks pared losses and Wall Street reversed earlier gains on Thursday as investors weighed uncertainty over central bank tapering and economic recovery due to the coronavirus Delta variant alongside strong US weekly jobless claims data. Major US indexes ended weaker but stayed close to all-timeContinue Reading

Dollar set for back-to-back weekly losses as Treasury yields retreat

By Administrator_India Capital Sands The safe-haven U.S. dollar remained broadly weaker on Wednesday as Treasury yields continued to retreat, restoring some calm to global markets and reigniting demand for riskier assets. Commodity-linked currencies including the Australian dollar and the Norwegian krone held on to sizeable two-day advances. The lower U.S.Continue Reading