ANL 28.52 Increased By ▲ 0.14 (0.49%)
ASC 16.71 Increased By ▲ 0.02 (0.12%)
ASL 23.75 Decreased By ▼ -0.11 (-0.46%)
AVN 93.90 Decreased By ▼ -0.99 (-1.04%)
BOP 9.47 Decreased By ▼ -0.02 (-0.21%)
BYCO 9.57 Decreased By ▼ -0.05 (-0.52%)
DGKC 110.50 Increased By ▲ 0.01 (0.01%)
EPCL 47.45 Decreased By ▼ -0.07 (-0.15%)
FCCL 21.15 Decreased By ▼ -0.15 (-0.7%)
FFBL 27.97 Increased By ▲ 0.10 (0.36%)
FFL 19.27 Decreased By ▼ -0.08 (-0.41%)
HASCOL 14.31 Decreased By ▼ -0.01 (-0.07%)
HUBC 86.00 Decreased By ▼ -0.14 (-0.16%)
HUMNL 7.26 Decreased By ▼ -0.03 (-0.41%)
JSCL 31.47 Decreased By ▼ -0.13 (-0.41%)
KAPCO 40.73 Decreased By ▼ -0.10 (-0.24%)
KEL 4.10 Decreased By ▼ -0.01 (-0.24%)
LOTCHEM 16.19 Increased By ▲ 0.03 (0.19%)
MLCF 43.02 Decreased By ▼ -0.19 (-0.44%)
PAEL 39.85 Increased By ▲ 0.01 (0.03%)
PIBTL 12.90 Decreased By ▼ -0.09 (-0.69%)
POWER 11.40 Decreased By ▼ -0.01 (-0.09%)
PPL 93.29 Decreased By ▼ -0.39 (-0.42%)
PRL 23.80 Decreased By ▼ -0.08 (-0.34%)
PTC 9.30 Decreased By ▼ -0.02 (-0.21%)
SILK 1.20 Decreased By ▼ -0.02 (-1.64%)
SNGP 44.34 Decreased By ▼ -0.14 (-0.31%)
TRG 108.48 Decreased By ▼ -1.23 (-1.12%)
UNITY 33.15 Increased By ▲ 0.04 (0.12%)
WTL 1.12 No Change ▼ 0.00 (0%)
BR100 4,856 Decreased By ▼ -9.94 (-0.2%)
BR30 24,724 Decreased By ▼ -96.85 (-0.39%)
KSE100 45,868 Decreased By ▼ -116.42 (-0.25%)
KSE30 19,061 Decreased By ▼ -87.18 (-0.46%)

European Central Bank

FX traders brush off ECB talk, bet euro-dollar has further to run
Markets

FX traders brush off ECB talk, bet euro-dollar has further to run

  • European Central Bank boss Christine Lagarde said on Thursday the bank was closely watching the euro, which surged 9% last year to above $1.23, its biggest annual gain in four years.
  • It's a headwind for exporters too as companies in Germany's DAX index derive 70% of their sales outside Europe.
Published 22 Jan, 2021 09:25pm
Stocks weaken, most currencies ease as risk-on rally halts
Markets

Stocks weaken, most currencies ease as risk-on rally halts

  • Stocks in the CEE region fell, tracking the decline of their European peers as data showed euro zone business activity shrank in January amid renewed coronavirus lockdowns.
  • Budapest's index led losses, falling 1.31%. Warsaw lost 0.55%. Bucharest was down 0.41%.
Published 22 Jan, 2021 05:13pm
European stocks rise
Markets

European stocks rise

MILAN/FRANKFURT: European stocks rose on Thursday on hopes of a large US stimulus plan under new President Joe ...
Published 22 Jan, 2021 04:47am
ECB debated smaller stimulus package: accounts
Business & Finance

ECB debated smaller stimulus package: accounts

  • The ECB approved fresh stimulus measures at the meeting, hoping to keep borrowing costs depressed until the bloc is ready to reopen.
  • It was argued that the focus on preserving favourable financing conditions implied a move away from a constant monthly pace of purchases towards adjusting the pace according to market conditions.
Published 14 Jan, 2021 08:04pm
ECB's Lagarde calls for regulating Bitcoin's ‘funny business’
Markets

ECB's Lagarde calls for regulating Bitcoin's ‘funny business’

  • Bitcoin has come out of its niche in recent years and is now bought by ordinary people, investment funds and even large corporations.
  • (Bitcoin) is a highly speculative asset, which has conducted some funny business and some interesting and totally reprehensible money laundering activity,
Published 13 Jan, 2021 06:11pm
Euro zone bond yields fall, ignoring US Treasuries
Markets

Euro zone bond yields fall, ignoring US Treasuries

  • US bond borrowing costs could be headed still higher after reaching 1% this week, on expectations a Democrat-controlled Congress will have the clout to pass more fiscal stimulus.
  • Germany's benchmark 10-year Bund yield fell 1 basis point to -0.524%.
Published 08 Jan, 2021 04:23pm
ECB stands ready to offset exchange rate impact on inflation
Business & Finance

ECB stands ready to offset exchange rate impact on inflation

  • ECB policymakers have grown concerned about the exchange rate as the euro has risen to its highest level against the dollar since April 2018.
  • The ECB does not have an exchange rate target. But as (ECB President) Christine Lagarde said we are and will be very vigilant about the effects of the exchange rate on inflation.
Published 17 Dec, 2020 01:03am