Trends - Bank of Canada - Business Recorder

Bank of Canada

Canadian dollar steadies as jobs gain supports rate hike bets

TORONTO: The Canadian dollar was little changed against its U.S. counterpart on Friday, recovering from a three-week...

Published 06 Nov, 2021 01:25am

Markets

BoE eyes first rate rise since 2018 as inflation surges

LONDON: The Bank of England could this week raise its main interest rate for the first time in more than three years...

Published 02 Nov, 2021 09:34am

Markets

Canadian dollar firms as wider yield spreads lend support

TORONTO: The Canadian dollar edged higher against its US counterpart on Thursday as the Bank of Canada's more ...

Published 29 Oct, 2021 12:57am

Business & Finance

US dollar index falls

NEW YORK: The U.S. dollar lost value against major currencies on Wednesday as the Bank of Canada started off a ...

Published 28 Oct, 2021 04:06am

Markets

Miners, energy stocks drag TSX

TORONTO: Canada's main stock index fell on Tuesday, dragged by mining and energy stocks, while expectations of a...

Published 27 Oct, 2021 04:50am

Markets

Canadian dollar plays catch-up with oil; climbs to 3-month high

TORONTO: The Canadian dollar on Thursday strengthened to its highest level in more than three months against its US...

Published 15 Oct, 2021 01:00am

Markets

Canadian dollar notches 3rd straight weekly gain as jobs surge

TORONTO: The Canadian dollar on Friday strengthened to its highest level in more than two months against the...

Published 09 Oct, 2021 01:42am

Markets

Canadian dollar climbs to 1-month high in 'risk-on' move

TORONTO: The Canadian dollar rose against the greenback on Thursday as investors cheered a potential deal to avoid a...

Published 08 Oct, 2021 01:24am

World

Canada inflation hits 18-year-high with election just days away

"The numbers released today make it clear that under Justin Trudeau, Canadians are experiencing an affordability crisis," says Erin O'Toole

Published 15 Sep, 2021 07:20pm

Business & Finance

Canadian dollar firms

TORONTO: The Canadian dollar edged higher against its US counterpart on Thursday despite lower oil prices, with...

Published 10 Sep, 2021 04:41am

Markets

TSX falls for second day as 'growth scare' evolves

TORONTO: Canada's main stock index on Wednesday extended its pull back from a record high, with resource shares ...

Published 09 Sep, 2021 01:31am

Markets

Canadian dollar slides to 1-week low ahead of BoC rate decision

TORONTO: The Canadian dollar on Tuesday weakened against its U.S. counterpart and all the other G10 currencies, as...

Updated 08 Sep, 2021 01:23am

Markets

Canadian dollar climbs to 2-week high as oil rallies

The loonie was trading 0.5pc higher at 1.2554 to the greenback, or 79.66 U.S. cents, having touched its strongest level since Aug. 16 at 1.2547

Updated 03 Sep, 2021 01:34am

Business & Finance

Canada’s inflation speeds up, making prices a campaign issue

OTTAWA: Canada’s annual inflation rate accelerated at its fastest clip in a decade in July, beating analyst...

Published 19 Aug, 2021 04:15am

World

Canada's annual inflation rate slows but remains above Bank of Canada target

Earlier this month, the Bank of Canada said inflation was expected to remain at or above 3% - the top of the bank's 1%-3% control range - through the rest of 2021, easing back to the 2% target by 2022.

Published 28 Jul, 2021 07:22pm

Business & Finance

Canadian dollar dips as rising Covid-19 infections weigh on oil

TORONTO: The Canadian dollar edged lower against its US counterpart on Tuesday as worries that the spread of the...

Published 21 Jul, 2021 01:51am

Markets

Canadian dollar posts biggest gain in 8 weeks vs. 'overextended' greenback

The loonie was trading 0.9pc higher at 1.2320 to the greenback, or 81.17 U.S. cents, its biggest advance since May 6.

Published 03 Jul, 2021 12:57am

Markets

Canadian dollar notches a 6-day high as Fed calms investors

Canadian dollar strengthens 0.3% against the greenback.
Touches a 6-day high at 1.2265.
Canadian retail sales fell by 5.7% in April.
Price of Brent crude rises above $75 a barrel.

Published 23 Jun, 2021 07:16pm

Markets

Canadian dollar hits 7-week low as Fed plays catch-up with BoC

Oil, one of Canada's major exports, notched its highest level since October 2018 at $72.99 a barrel before settling at $72.15, up three cents on the day.

Published 17 Jun, 2021 10:32am

Markets

Canadian dollar steadies as inflation climbs to decade-high level

Loonie trades in a range of 1.2170 to 1.2189.
Canada's annual inflation rate accelerates to 3.6% in May.
Price of US oil touches its highest level since October.

Published 16 Jun, 2021 08:09pm

Markets

Canadian dollar hits 2-week low as greenback broadly rallies

Canadian dollar weakens 0.3% against the greenback.
Loonie touches a two-week low at 1.2140.
Canadian industry capacity use rise to 81.7%.
Canadian 10-year yield hits a 3-month low.

Updated 11 Jun, 2021 07:53pm

Markets

Loonie gains as Bank of Canada's outlook supports further taper

Canadian dollar rises 0.2% against the greenback.
Bank of Canada leaves key interest rate at 0.25%.
Price of US oil increases 0.2%.
Canadian 10-year yield hits a near 3-month low.

Published 09 Jun, 2021 08:26pm

Business & Finance

Canada loses more jobs in May but summer hiring boom looms

OTTAWA: Canada lost more jobs than expected in May amid continued lockdowns to curb a harsh third wave of Covid-19,...

Published 05 Jun, 2021 04:08am

Markets

Canadian dollar drops by most in 6 weeks as greenback rallies

The U.S. dollar rose against a basket of major currencies as data showed U.S. private-sector employment rising more than expected in May.

Updated 04 Jun, 2021 01:38am

Markets

Canada's TSX climbs above 20,000, loonie posts 6-year high as oil rallies

The Toronto Stock Exchange's S&P/TSX composite index touched a record high at 20,014.70 before dipping to 20,000.12, up 1.4pc on the day.

Updated 01 Jun, 2021 11:01pm

Markets

Canadian dollar gains as attention turns to U.S. inflation data

The central bank is likely to cut its bond-buying program again this year, possibly as soon as July, as provinces ease curbs to contain the coronavirus pandemic and inflation pressures build, analysts said.

Published 28 May, 2021 12:33am

Markets

Canadian dollar lags G10 peers as greenback falls

The 10-year hit its lowest since May 7 at 1.478pc before edging up to 1.480pc, down 6.3 basis points on the day.

Published 26 May, 2021 12:49am

Markets

Canadian dollar advances for eighth straight week

Investors have worried that the heating up of the U.S. economy could raise the outlook for inflation, prompting the Federal Reserve to tighten monetary policy.

Updated 22 May, 2021 01:26am

Business & Finance

Bank of Canada says cryptoassets' volatility is obstacle to payment acceptance

"Price volatility stemming from speculative demand remains an important obstacle to the wide acceptance of cryptoassets as a means of payment," it said.
Bitcoin, the biggest and most popular cryptocurrency rose nearly 14% on Thursday to $42,000, after plunging 14% a day earlier to its lowest since late January.

Published 20 May, 2021 09:07pm

Business & Finance

Early trade in New York: Dollar sluggishness persists

NEW YORK: A report of strong US economic growth in the first quarter did little to bolster the dollar on Thursday,...

Updated 30 Apr, 2021 10:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
India Sensex / Apr 22	73648.62
Tokyo Nikkei / Apr 22	37438.61
Nasdaq / Apr 22	15451.31
Hang Seng / Apr 22	16511.69
FTSE 100 / Apr 22	8023.87
Dow Jones / Apr 22	38239.98
Germany DAX 30 / Apr 22	17860.80

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Crude Oil USD/Barrel / Apr 22	82.42
Gold 10 Grams PKR / Apr 22	213220
Gold Spot USD/Ounce / Apr 22	2328.37
Cotton US¢/pound / Apr 22	82.42
Petrol/Litre / Apr 23	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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