Monday, January 30

Stock Broker

Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus
Stock Broker

Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus

U.S. stock futures were trading lower during Thursday’s evening deals, following a mixed performance among major indices as market participants braced for key jobs data slated for release later in Friday’s session. By 6:25 PM ET (11:25 PM GMT) Dow Jones Futures were little changed, S&P 500 Futures eased 0.1% and Nasdaq 100 Futures dipped 0.2%. In extended deals, Samsara Inc (NYSE:IOT) popped 21.2% after reporting Q3 losses of $0.02 per share versus expected losses of $0.06 per share, while revenue came in at $169.8 million versus $155.33M expected. Asana Inc (NYSE:ASAN) fell 12.1% after the company reported Q3 losses of $0.26 per share, smaller than expected loss of $0.33 per share. Revenue was reported at $141.4M versus $139.01M expected. Zscaler (NASDAQ:ZS) fell 10.2% after reporting...
Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs
Oil, Stock Broker

Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs

Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private survey showed that China’s massive services sector shrank for a second straight month in October, heralding more economic weakness for the country as it struggles with containing new COVID outbreaks Speculation over a possible easing of COVID curbs had somewhat brightened sentiment towards China this week. But lack of official word on the matter swiftly reversed this Slowing crude demand in China weighed on oil prices this year, as a series of COVID lockdowns ground local economic activity to a halt. China’s crude imports have fallen stea...
Is investing a luck or skill
Stock Broker

Is investing a luck or skill

Over the last few years, many new investors have entered financial markets lulled by the promises of making “easy money”, “quick returns” etc. Investing involves both luck and skill and when you are on a roll, unfortunately most believe success to be a function of your skill. Is there a way to gauge if investment returns are more luck or skill. Introducing a fictional character – Random! The tweet bio of Random describes it as “Stock Market Enthusiast, Follower of Buffet, Charts, Bhav Bhagwan Che, Elliott Wave , Quant, FnO, CoffeeCan Crypto Random has done the following every month since 2000. From a universe of stocks which are within 90% of the overall market cap of listed stocks (thus avoiding micro-caps and other illiquid securities), Random creates 1,000 random portfolios of e...
Coforge dips 6% after 10% equity changes hands on BSE
Stock Broker

Coforge dips 6% after 10% equity changes hands on BSE

Shares of Coforge dipped 6 percent to Rs 4,260 on the BSE in Thursday's intra-day trade after 10 percent of the total equity of the information technology (IT) consulting & software company changed hands on the BSE. At 09:15 am, around 6.18 million equity shares, representing 10.14 percent of the total equity of Coforge, changed hands at the counter on the BSE, exchange data shows. The names of the buyers and sellers could not be ascertained immediately. Hulst BV, the promoter of Coforge held a 49.97 stake in the company at the end of December 2021, the shareholding pattern data shows. In the previous calendar year 2021, Hulst BV had sold 8.35 million shares via block deals. In the past three months, the stock has underperformed the market by falling 19 percent, as compare...
Business, Global, Stock Broker

Asia shares consolidate, China cuts another interest rate

By  Administrator_India Capital Sands Asian share markets took a breather on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage already done even as some countries tried to re-open for business. China moved again to cushion its economy, cutting a key medium-term interest rate to record lows and paving the way for a similar reduction in benchmark loan rates. While not unexpected, it did help MSCI’s broadest index of Asia-Pacific shares outside Japan edge up 0.3% to a fresh one-month top. Shanghai blue chips, however, eased 0.2%. Japan’s Nikkei was still off 0.5%, though that followed a 3% jump the previous session. E-Mini futures for the S&P 500 dipped 0.5%, following a 3% rise in New York. “Flattening infection ...
Commodity Broker, International, Stock Broker

Real Reviews of capitalsands.com (Capital Sands Financial Services Ltd.) from Customers !!!

Real Reviews of capitalsands.com (Capital Sands Financial Services Ltd.) from Customers !!! For capitalsands.com, your opinion is truly valued. We strive to provide you the best Forex (Fx Trading) platform experience. Read authentic and unedited reviews collected directly by Approved Customers of FX Business.
Commodity Broker, International, Stock Broker

Oil firmer on OPEC+ deal, equities unable to shake pandemic fears

By Administrator_India Capital Sands Global shares fell on Monday as investors braced for more signs of economic damage from the coronavirus pandemic although a landmark deal by OPEC and its allies to slash output helped oil prices climbed in volatile trade. The Nikkei fell 1.4% while MSCI's broadest index of Asia-Pacific shares outside Japan slipped slightly, with South Korean shares falling 0.9%. U.S. S&P 500 mini futures dropped 1.54%, erasing a brief gain to a one-month high made right after the start of trading. Financial markets in Australia and Hong Kong were closed while in mainland China, the CSI300 index lost 0.6% in early trade. U.S. West Texas Intermediate crude futures were up 7.3% at $24.43 per barrel in highly volatile trade, having fall...
Commodity Broker, International, Political News, Stock Broker

Fed, BoE push deeper into uncharted territory in face of coronavirus slump

By Administrator_India Capital Sands The U.S. Federal Reserve and the Bank of England ramped up their emergency responses to the world’s escalating coronavirus recession on Thursday as they pushed deeper into territory once considered fraught with risk for central bankers. The Fed, in its boldest move to date to soften the historic shutdown of much of the U.S. economy, pledged $2.3 trillion to help local governments on the front lines of the health crisis and to prop up small and mid-sized businesses. In London, the BoE said it would allow Britain’s government to run up an unlimited overdraft as the state promises to pay wages to millions of people laid off during shutdown, cut taxes for businesses and expand its welfare system. With central banks around the world trying to...
Commodity Broker, International, Political News, Stock Broker

Trump thanks India for decision on anti-malaria drug

By Administrator_India Capital Sands President Donald Trump on Wednesday thanked India for its decision to increase exports of the anti-malaria drug hydroxychloroquine, an unproven treatment that Trump has promoted in the fight against the novel coronavirus. India said on Tuesday it will allow some exports of hydroxychloroquine after Trump urged New Delhi to release supplies of the drug seen as a possible treatment for COVID-19. “Extraordinary times require even closer cooperation between friends. Thank you India and the Indian people for the decision on HCQ. Will not be forgotten! Thank you Prime Minister @NarendraModi for your strong leadership in helping not just India, but humanity, in this fight!” Trump wrote on Twitter.
Commodity Broker, International, Stock Broker

India asks TikTok, Facebook to remove users spreading coronavirus misinformation

By Administrator_India Capital Sands India has told Facebook and Chinese video app TikTok to remove users found to be spreading misinformation about the coronavirus following concern about videos intended to mislead Muslims, according to a government source. The move follows a report by Delhi-based digital analytics firm Voyager Infosec which identified a pattern of targeted disinformation in many social media videos that appeared to be aimed at Muslims, with some using religious beliefs to justifying defiance of health advisories over the virus. In one video reviewed by Reuters on Tuesday, a TikTok user says he is not scared of the coronavirus because, as a Muslim, he is a follower of the Prophet Mohammed and fears only Allah. In another, a young man throws away a face mas...