Wednesday, December 7

Month: February 2021

ONLINE TRADING PLATFORMS MARKET 24×365 AND BINARY OPINION
Trading Platform

ONLINE TRADING PLATFORMS MARKET 24×365 AND BINARY OPINION

ONLINE TRADING PLATFORMS MARKET 24×365 AND BINARY OPINION: HOW DO YOU KNOW IF YOU’VE PICKED THE ABSOLUTE BEST OF THE LOT? When it comes to picking a platform to trade, it’s always simpler when you have a checklist on how to pick the right broker! This guide does just that, walking you through everything one should keep in mind. Best trading platform for CFD is Market 24×365 (MT24x365) & Binary Opinion Some investors are willing to pay higher trade commissions for a state-of-the-art platform; others count costs above all else. Irrespective of whichever criteria you fall into, you would want to know what your best option is. PLATFORM STABILITY: Make sure that the platform works well and is stable and does not show frequent ‘technical glitches’ or ‘errors’ when you trade. You have t...
Australia passes landmark law to make Google, Facebook pay for news
Business

Australia passes landmark law to make Google, Facebook pay for news

By Administrator_India Capital Sands A man using a mobile phone walks past Google offices in New York, US. Australia’s laws forcing Google and Facebook to pay for news are ready to take effect, though the laws' architect said it will take time for the digital giants to strike media deals. Australia’s laws forcing Google and Facebook to pay for news are ready to take effect, though the laws' architect said it will take time for the digital giants to strike media deals. The Parliament on Thursday passed the final amendments to the so-called News Media Bargaining Code agreed between Treasurer Josh Frydenberg and Facebook chief executive Mark Zuckerberg on Tuesday. In return for the changes, Facebook agreed to lift a ban on Australians accessing and sharing news. Rod Sims, th...
Asia

Hong Kong Pledges HK$120 Billion in Support as Economy Recovers

By Administrator_India Capital Sands Hong Kong’s Financial Secretary Paul Chan pledged HK$120 billion ($15.5 billion) of fiscal support for an economy slowly emerging from two years of recession. The counter-cyclical measures will help to stabilize the economy and relieve people’s burden, Chan said in his budget speech to the Legislative Council on Wednesday. The economy is set to grow 3.5%-5.5% in 2021 compared with a 6.1% contraction last year, he said. Click here for our live blog of the budget speech. After last year’s bumper stimulus to support the economy through the pandemic, Hong Kong is now focusing on reining in a record budget deficit. Chan has already signaled there won’t be the kind of cash handouts provided to residents last year, with support likely to be targ...
Serum Institute to export Covid-19 vaccine to 25-30 countries on Tuesday
Coronavirus News

Serum Institute to export Covid-19 vaccine to 25-30 countries on Tuesday

By Administrator_India Capital Sands The first shipment of AstraZeneca-Oxford vaccines by Serum Institute of India (SII) will leave for 25-30 countries under the Covax arrangement by Tuesday, said a senior World Health Organization (WHO) official. Speaking at a webinar on Monday, Soumya Swaminathan, chief scientist at WHO, said, “By tomorrow (Tuesday), the first shipments from India would go out from Serum Institute to 25-30 countries. Then, we hope that this will be followed by other vaccines that would be made in India.” Discouraging vaccine nationalism, Swaminathan said that manufacturers need to prioritise Covax to bilateral deals. “What we see today is kind of the opposite, that there are more bilateral deals than supplies to Covax,” she said. Adar Poonawalla, chief exe...
Dollar Down, Riskier Currencies Benefit as Risk Sentiment Improves
Forex

Dollar Down, Riskier Currencies Benefit as Risk Sentiment Improves

By Administrator_India Capital Sands The dollar was down on Monday morning in Asia, falling to a three-year low against the AUD and a three-year low against the GBP as continued progress on curbing the COVID-19 virus boosted risk sentiment. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.02% to 90.323 by 9:14 PM ET (2:14 AM GMT). The USD/JPY pair was up 0.22% to 105.66, with the dollar holding steady against the yen. The AUD/USD pair was up 0.26% to 0.7890 and the NZD/USD pair was up 0.23% to 0.7320. Giving a boost to the Antipodean risk currencies is the rollout of COVID-19 vaccines, with New Zealand starting inoculations on Sunday and Australia following suit earlier in the day. Australia was also set to report no local...
Saudi Arabia plans to increase oil output amid recovery in prices
Oil

Saudi Arabia plans to increase oil output amid recovery in prices

By Administrator_India Capital Sands Saudi Arabia plans to increase oil output in the coming months, reversing a recent production cut, the Wall Street Journal reported on Wedn­esday, citing advisers to the country. The world’s largest oil exporter surprised oil markets last month when it said it would unilaterally slash 1 million barrels a day of crude production in February and March in an effort to raise prices. Saudi Arabia is expected to announce its plans when a coalition of oil producers meets next month, according to the WSJ report, adding that the output rise won't kick in until April. But Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Wednesday that it was too early to declare victory against the Covid-19 virus and that oil producers must remain ...
Bitcoin scales $51,000 for the first time as crypto fever continues
Bitcoin

Bitcoin scales $51,000 for the first time as crypto fever continues

By Administrator_India Capital Sands Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $51,000 for the first time. The largest cryptocurrency rose almost 6% Wednesday to about $51,431 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. The Bloomberg Galaxy Crypto Index reached a record. Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that the digital asset is grabbing more mainstream attention, especially after Tesla Inc.’s recent $1.5 billion purchase. MicroStrategy Inc. said Tuesday it would sell $600 million of convertible bonds and use the proceeds to buy more of the tokens. MicroStrategy’s step is “a warni...
Bitcoin crosses $50,000 for the first time as record rally continues
Bitcoin

Bitcoin crosses $50,000 for the first time as record rally continues

By Administrator_India Capital Sands The seemingly unstoppable rise of Bitcoin continued on Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time. The world’s largest cryptocurrency jumped as much as 4.9 per cent to $50,548 and is now up about 70 per cent, so far this year. Bitcoin pared its gain after setting the record high. Ether, a rival crypto, hit a record on Friday and is up about 140 per cent year-to-date. The same Bitcoin just one year ago would have cost you $10,000. The price is up almost 200 per cent in the last three months alone. Bitcoin is rallying as more companies signal the volatile digital currency could eventually gain widespread acceptance as a means of payment. The vast majority of those who have acquired...
Premium petrol touches Rs 100 in 3 states; LPG prices hit Rs 769 a cylinder
Fuel Price

Premium petrol touches Rs 100 in 3 states; LPG prices hit Rs 769 a cylinder

By Administrator_India Capital Sands Auto fuel and cooking gas prices have zoomed in the first fortnight of February, touching record high levels across the country. The price of petrol rose from Rs 86.30 a litre on February 1 to Rs 88.99 a litre on Monday (February 15) in Delhi. Diesel prices have risen from Rs 76.48 a litre to 79.35 a litre during the same period in the national capital. Reports have come of premium petrol being sold at above Rs 100 in Madhya Pradesh’s Bhopal, Maharashtra’s Parbhani, and three districts in Rajasthan. Premium grade petrol is costlier because of its ability to improve the vehicle’s performance. While petrol and diesel prices are revised everyday by oil marketing companies and consumers were somewhat prepared for the hikes, the sudden increase i...
Oxford University to test COVID-19 vaccine response among children for first time
Coronavirus News

Oxford University to test COVID-19 vaccine response among children for first time

By Administrator_India Capital Sands The University of Oxford has launched a study to assess the safety and immune response of the COVID-19 vaccine it has developed with AstraZeneca Plc in children for the first time, it said on Saturday. The new mid-stage trial will determine whether the vaccine is effective on people between the ages of 6 and 17, according to an emailed statement from the university. Around 300 volunteers will be enrolled and first inoculations are expected this month, Oxford said. The two-dose Oxford/AstraZeneca vaccine has been hailed as a 'vaccine for the world' because it is cheaper and easier to distribute than some rivals. AstraZeneca has a target to produce 3 billion doses this year and aims to produce over 200 million doses per month by April.