Trends - Fed Chair Jerome Powell

Fed Chair Jerome Powell

Gold price surges to record high

The “DOT PLOT”, which predicts three interest rate decreases in 2024, remains intact despite Fed Chairman...

Updated 22 Mar, 2024 05:33am

Markets

Gold holds in tight range ahead of Fed verdict, Powell speech

Gold prices were stuck in a tight range on Wednesday as traders prepared for a key policy decision from the US...

Published 20 Mar, 2024 10:26am

Markets

Yen gains as bets firm for imminent rate hike; sterling slides

TOKYO: The yen strengthened against the dollar on Monday as signs the Bank of Japan will exit negative interest...

Published 11 Mar, 2024 09:24am

Markets

Dollar keeps tight ranges ahead of Fed, jobs data

TOKYO: The dollar held narrow ranges against its major peers on Tuesday, as traders awaited the Federal Reserve’s...

Published 30 Jan, 2024 09:55am

Markets

Gold holds tight range as traders await US data for more Fed cues

Gold prices were stuck in a narrow trading range on Tuesday as investors awaited more US economic data this week...

Published 19 Dec, 2023 10:08am

Markets

Dollar takes a dive after Fed signals rate cuts next year

TOKYO: The dollar was under pressure on Thursday after the Federal Reserve’s latest economic projections indicated...

Published 14 Dec, 2023 09:35am

Business & Finance

Powell says Fed to move ‘carefully’ on interest rates

ATLANTA: The risks of the Federal Reserve moving too far with interest rate hikes, and slowing the economy more than...

Published 04 Dec, 2023 05:35am

Markets

Asia stocks turn lower, gold jumps as oil slips

SYDNEY: Asian shares slipped on Monday ahead of potentially market-moving inflation data from the United States and...

Published 27 Nov, 2023 10:24am

Business & Finance

Dollar dips on growing bets Fed rate hikes are over

NEW YORK: The US dollar fell to an almost eight-week low against the euro on Monday on growing confidence that the...

Published 07 Nov, 2023 06:33am

Business & Finance

Dollar drops after Fed’s Powell hints at June pause

NEW YORK: The dollar fell on Friday after Federal Reserve Chair Jerome Powell struck a moderately dovish stance,...

Published 22 May, 2023 06:23am

Markets

Treasury bills squeezed as debt ceiling deadline looms

SINGAPORE: Short-dated Treasury bills were under pressure on Tuesday and the cost of insuring against a US default...

Published 02 May, 2023 10:31am

Markets

Fed delivers small rate hike, says 'some additional' tightening possible

Raises interest rates by a quarter of a percentage point

Published 22 Mar, 2023 11:13pm

Markets

US Fed to balance banking woes, inflation in next rate decision

WASHINGTON: US central bankers face an unenviable task when they gather in Washington next week: tackling persistent...

Updated 19 Mar, 2023 12:19pm

Markets

Wall Street Week Ahead: Inflation data awaited by markets hit by worries about Fed, banks

NEW YORK: A critical inflation report next week will test a US stock market already consumed by worries over Federal...

Published 13 Mar, 2023 06:15am

Markets

Global bank shares sink over US fears

PARIS: The world’s biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender...

Published 10 Mar, 2023 03:31pm

World

Slower, but still solid US job growth expected in February

WASHINGTON: US job growth likely slowed to a still-solid pace in February, with the unemployment rate expected to...

Published 10 Mar, 2023 12:43pm

Markets

Wall St gains as rate hike jitters ease ahead of payrolls report

NEW YORK: Wall Street’s main indexes rose on Thursday after a jump in weekly jobless claims soothed worries about...

Published 10 Mar, 2023 03:46am

Markets

S&P 500 inches higher with focus on jobs data

NEW YORK: The S&P 500 edged up on Wednesday after Federal Reserve Chair Jerome Powell did not commit to a 50...

Published 09 Mar, 2023 06:23am

Markets

China stocks drop on hawkish Fed stance

HONG KONG: Hong Kong stocks slumped, while China shares fell slightly on Wednesday after US Federal Reserve Chair...

Published 09 Mar, 2023 06:23am

Markets

European shares rise on upbeat cues from Powell

PARIS: European shares rose on Wednesday, lifted by positive cues from US Federal Reserve Chair Jerome Powell’s...

Published 09 Feb, 2023 06:02am

Business & Finance

US dollar skids from 1-month peak after Powell’s speech

NEW YORK: The dollar fell from one-month highs on Tuesday after US Federal Reserve Chair Jerome Powell doubled down...

Published 08 Feb, 2023 06:10am

Markets

New Zealand dollar slips on signs of cracks in labour market

SYDNEY: The New Zealand dollar slipped on Wednesday after data showed signs of loosening in the tight labour market,...

Published 01 Feb, 2023 09:25am

Business & Finance

Dollar steady as central banks take central stage

NEW YORK: The dollar was little changed on Monday, a day before the Federal Reserve was due to begin a two-day ...

Published 31 Jan, 2023 07:03am

Markets

Nasdaq falls as megacaps drop ahead of earnings

NEW YORK: The tech-focused Nasdaq fell more than 1% on Monday as megacap growth stocks including Apple, Amazon and...

Published 31 Jan, 2023 06:55am

Markets

US Fed’s preferred inflation gauge eases in November

WASHINGTON: A key indicator of US inflation edged down from a year ago in November, according to government data...

Published 23 Dec, 2022 07:53pm

Markets

Gold rangebound as traders await economic data

Gold edged up on Thursday, helped by a softer dollar in holiday-thinned trading, but prices moved in a tight range...

Published 22 Dec, 2022 09:46am

Business & Finance

Global 2023 earnings growth: Recession, rate hikes seen jamming brakes

NEW YORK/LONDON: Corporate earnings growth is expected to slow in the year ahead in many countries as higher...

Published 21 Dec, 2022 06:05am

Markets

Wall Street falls as recession worries persist

NEW YORK: US stock indexes fell on Monday, led by shares of Tesla and other megapcap companies, as investors feared...

Published 20 Dec, 2022 06:48am

Fed raises rates by half percentage point, sees economy nearing stall

WASHINGTON: The Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least...

Published 15 Dec, 2022 06:00am

Markets

Fed lifts rates by half percentage point, sees economy nearing stall speed

The Fed's policy rate, which began the year at the near-zero level, is now in a target range of 4.25% to 4.50%, the highest since late 2007

Published 15 Dec, 2022 12:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 22	278.53
USD PKR Interbank Buying / Apr 22	278.33
USD to Japanese Yen / Apr 22	154.79
USD to Swiss Franc / Apr 22	0.91
Pound Sterling to USD / Apr 22	1.23
Euro to USD / Apr 22	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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Fed Chair Jerome Powell

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