Trends - Federal Reserve - Business Recorder

Federal Reserve

Commodity currencies at multi-month highs, sterling firm on BoE rate hike bets

TOKYO: Commodity currencies stood near multi-month highs on Thursday on strong raw material prices, while the...

Published 21 Oct, 2021 10:55am

Business & Finance

Dollar firms

NEW YORK: The dollar gained slightly on the day on Monday as Treasury yields rose on expectations the Federal ...

Published 19 Oct, 2021 03:52am

Business & Finance

Japan scrutinising impact of yen fall on its economy, says minister

TOKYO: Japanese Finance Minister Shunichi Suzuki said on Friday the government will scrutinise the fallout from...

Published 18 Oct, 2021 04:42am

Markets

Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow

NEW YORK: The Nasdaq rose on Wednesday as investors moved into the perceived safety of technology stocks amid...

Published 14 Oct, 2021 04:14am

Business & Finance

Dollar trades near one-year high after inflation data

NEW YORK/LONDON: The dollar held near a one-year high on Wednesday after U.S. inflation data showed prices rose...

Published 14 Oct, 2021 04:14am

Markets

Wall Street closes lower on jitters ahead of earnings, Fed minutes

NEW YORK: U.S. stocks finished lower on Tuesday, extending losses late as investors grew more jittery in the run up...

Published 13 Oct, 2021 02:27am

Markets

Dollar holds near 14-month high to euro on inflation fears

TOKYO: The safe-haven dollar held close to a 14-month high against the euro on Thursday as a surge in energy prices...

Published 07 Oct, 2021 11:11am

Markets

Asia FX firms as Treasury yields retreat, awaits US data

Asia's emerging currencies edged higher on Thursday as Treasury yields retreated on signs of a deal to avert a US...

Published 07 Oct, 2021 10:22am

World

Wall St falls as private jobs data sparks taper fears

NEW YORK: U.S. stock indexes fell on Wednesday after a strong showing of private jobs in September fueled bets that...

Published 07 Oct, 2021 04:25am

Business & Finance

Dollar makes broad gains on inflation worries

NEW YORK: The dollar rose on Wednesday toward the 1-year high touched last week as surging energy prices fuelled...

Published 07 Oct, 2021 04:25am

Markets

Gold dips on rising dollar, bond yields; US payrolls in focus

Gold prices fell on Wednesday, pressured by a firmer dollar and rising US Treasury yields, while investors focused ...

Published 06 Oct, 2021 10:55am

Fitch Ratings revises PKR forecasts downwards

ISLAMABAD: Fitch Ratings has revised downward its forecasts for the Pakistani rupee, ie, from Rs165 to Rs180 for ...

Published 01 Oct, 2021 03:11am

Fed officials depart amid scrutiny over investment trades

WASHINGTON: Two Federal Reserve officials who came under scrutiny for investment trades they made last year ...

Published 29 Sep, 2021 04:01am

Business & Finance

Dollar lifted by higher Treasury yields

NEW YORK/LONDON: The US dollar gained for a second straight session on Monday, bolstered by the rise in Treasury...

Published 28 Sep, 2021 05:12am

Opinion

Fed’s bond-buying programme may be on the way out, but it’s not going far

The Federal Reserve will start to shutter its pandemic-era bond-buying program later this year, leaving the US...

Published 25 Sep, 2021 04:59am

Markets

Wall Street extends rally as value stocks bounce

NEW YORK: The S&P 500 and the Dow indexes were set for their best day in two months on Thursday as investors...

Published 24 Sep, 2021 04:40am

Markets

Investors look ahead to rate hikes with Fed tapering plan all but certain

Stocks held onto their gains after the Fed's statement, with the S&P 500 closing up nearly 1%

Published 23 Sep, 2021 12:10pm

Markets

Australia, NZ dollars under pressure, test depth of support

The property developer is due to pay interest on one of its dollar bonds on Thursday, and a default might trigger another round of global risk aversion

Published 23 Sep, 2021 11:34am

Markets

Nikkei hits two-week low on caution before US Fed meet

TOKYO: The Nikkei hit a more than two-week low on Wednesday as investors looked ahead warily to the outcome of a ...

Published 23 Sep, 2021 04:35am

Business & Finance

Dollar edges lower ahead of Fed

NEW YORK: The U.S. dollar slipped ahead of a policy announcement by the Federal Reserve on Wednesday, while...

Published 23 Sep, 2021 04:35am

Markets

Gold treads water in run-up to US Fed decision

Gold prices steadied on Wednesday as investors braced for the outcome of a US Federal Reserve meeting and chief...

Published 22 Sep, 2021 05:13pm

Markets

Stocks, dollar mostly higher before Fed

LONDON: Stock markets mostly rose Wednesday, recovering further from recent sharp losses on easing concerns over...

Published 22 Sep, 2021 04:31pm

Markets

Fed may hint at ending stimulus, but no big moves expected

The growing consensus is that the much-anticipated first step will not be announced until November and ultimately begin in December

Published 22 Sep, 2021 10:14am

Business & Finance

Dollar holds near 1-month high

NEW YORK: The US dollar held around the unchanged mark near a one-month high as global markets bounced somewhat on...

Published 22 Sep, 2021 03:48am

Markets

Wall Street ends near flat on cautious note ahead of Fed

NEW YORK: U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over troubles ...

Updated 22 Sep, 2021 01:37am

Markets

Russian rouble recovers some ground, Rosneft shares jump

The rouble was 0.2% stronger against the dollar at 73.25 and had gained 0.2% to trade at 85.94 versus the euro

Published 21 Sep, 2021 01:27pm

Markets

Dollar hits 3-week high, boosted by recent upbeat data

NEW YORK/LONDON: The dollar climbed to three-week peaks on Friday, still benefiting from better-than-expected U.S....

Published 18 Sep, 2021 04:02am

Business & Finance

Dollar sags as weaker-than-expected US inflation continues to weigh

NEW YORK: The dollar weakened against major currencies on Wednesday after softer-than-expected U.S. inflation data...

Published 16 Sep, 2021 04:02am

Fed must break up Wells Fargo: Warren

WASHINGTON: US Senator Elizabeth Warren on Tuesday called on the Federal Reserve to break apart Wells Fargo, arguing...

Updated 15 Sep, 2021 10:02am

Business & Finance

Dollar retreats after US inflation slows

NEW YORK: The dollar weakened on Tuesday after data showed a less-than-expected rise in US inflation last month,...

Published 15 Sep, 2021 04:19am

Gainers
Losers
Leaders

Stock	Price
Trust Sec.& Brok. / Oct 22 Trust Securities & Brokerage Limited(TSBL)	12.00 ▲ 1.00 (9.09%)
1st Dawood / Oct 22 First Dawood Investment Bank Limited(FDIBL)	2.35 ▲ 0.18 (8.29%)
Dynea Pak / Oct 22 Dynea Pakistan Limited(DYNO)	241.87 ▲ 16.87 (7.50%)
Pak Engg. / Oct 22 Pakistan Engineering Co Limited(PECO)	410.56 ▲ 28.64 (7.50%)
Thal LTD / Oct 22 Thal Limited(THALL)	401.72 ▲ 28.02 (7.50%)
Buxly / Oct 22 Buxly Paints Limited(BUXL)	115.37 ▲ 8.04 (7.49%)
Pak Int Cont. / Oct 22 Pakistan International Container(PICT)	171.25 ▲ 11.94 (7.49%)
Leiner Gelatine / Oct 22 Leiner Pak Gelatine Limited(LPGL)	20.55 ▲ 1.43 (7.48%)
Philip Morris / Oct 22 Philip Morris (Pakistan) Limited(PMPK)	833.00 ▲ 58.00 (7.48%)
Image Pakistan / Oct 22 Image Pakistan Limited(IMAGE)	18.89 ▲ 1.31 (7.45%)

Stock	Price
Millat Tractors / Oct 22 Millat Tractors Limited(MTL)	896.00 ▲ -224.41 (-20.03%)
Pak Gen. Ins. / Oct 22 The Pakistan General Insurance Co. Ltd.(PKGI)	4.29 ▲ -1.00 (-18.90%)
Universal Ins. / Oct 22 The Universal Insurance Company Limited(UVIC)	4.88 ▲ -1.00 (-17.01%)
Shaheen Ins. / Oct 22 Shaheen Insurance Company Limited(SHNI)	3.33 ▲ -0.56 (-14.40%)
Ashfaq Textile / Oct 22 Ashfaq Textile Mills Limited(ASHT)	10.25 ▲ -1.00 (-8.89%)
Wyeth Pakistan / Oct 22 Wyeth Pakistan Limited(WYETH)	1558.63 ▲ -126.37 (-7.50%)
Janana D Mal / Oct 22 Janana De Malucho Textile Mills Limited(JDMT)	83.00 ▲ -6.72 (-7.49%)
Apna Microfin.Bank / Oct 22 Apna Microfinance Bank Limited(AMBL)	19.30 ▲ -1.56 (-7.48%)
Pak Stock Exchange / Oct 22 Pakistan Stock Exchange Limited(PSX)	18.06 ▲ -1.46 (-7.48%)
J. K. Spinning / Oct 22 J.K. Spinning Mills Limited(JKSM)	41.61 ▲ -3.35 (-7.45%)

Stock	Volume
Bank of Punjab / Oct 22 The Bank of Punjab(BOP)	25,568,500 ▼ 0.00
Telecard Ltd. / Oct 22 Telecard Limited(TELE)	23,961,500 ▼ 0.00
Hum Network / Oct 22 Hum Network Limited(HUMNL)	22,424,000 ▼ 0.00
Worldcall / Oct 22 Worldcall Telecom Limited(WTL)	21,691,500 ▼ 0.00
Unity Foods / Oct 22 Unity Foods Limited(UNITY)	19,102,115 ▼ 0.00
Engro Polymer / Oct 22 Engro Polymer & Chemicals Limited(EPCL)	15,879,000 ▼ 0.00
Service Fab. / Oct 22 Service Fabrics Limited(SERF)	14,936,000 ▼ 0.00
Maple Leaf / Oct 22 Maple Leaf Cement Factory Limited(MLCF)	10,000,841 ▼ 0.00
Silkbank / Oct 22 Silkbank Limited(SILK)	7,395,500 ▼ 0.00
Byco Petroleum / Oct 22 Byco Petroleum Pakistan Limited(BYCO)	6,611,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 20	173.45
USD PKR Interbank Buying / Oct 20	173.30
USD to Japanese Yen / Oct 20	114.35
USD to Swiss Franc / Oct 20	0.92
Pound Sterling to USD / Oct 20	1.38
Euro to USD / Oct 20	1.16
UK LIBOR % / Oct 20	0.07

Stock	Volume
S&P 500 / Oct 20	4486.46
India Sensex / Oct 20	61765.59
Tokyo Nikkei / Oct 20	29025.46
Nasdaq / Oct 20	15021.81
Hang Seng / Oct 20	25409.75
FTSE 100 / Oct 20	7203.33
Dow Jones / Oct 20	35258.61
Germany DAX 30 / Oct 20	15474.47
France CAC40 / Oct 20	6673.10

Item	Value
Crude Oil / Oct 20	83.87
Karachi Cotton Assoc. / Oct 20	14680.00
Gold 10 Grams / Oct 20	97700.00
Gold Spot / Oct 20	1781.95
Cotton / Oct 20	110.73

Federal Reserve

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