Topic

Federal Reserve policy

Fed’s Williams says time has arrived to start rate cuts

Updated 06 Sep, 2024 10:17pm

The stance of monetary policy can be moved to a more neutral setting over time depending on the evolution of the data, the outlook, and the risks to achieving our objectives, says Federal Reserve Bank of New York President John Williams

Dollar wallows at one-week low as payrolls test looms large

Published 06 Sep, 2024 10:22am

TOKYO: The US dollar sagged near a one-week low versus major peers on Friday with job market indicators sending...

Currency market subdued ahead of fresh US economic data

Published 14 Mar, 2024 10:02am

TOKYO: The currency market was sedate on Thursday, with the US dollar consolidating against major peers as market...

Dollar on back foot as traders look to Fed for cut timing clues

Published 13 Dec, 2023 09:32am

TOKYO: The dollar remained on the back foot versus major rivals on Wednesday, as traders braced for the conclusion...

Yen hands back gains, dollar waits on CPI

Published 12 Dec, 2023 09:41am

SINGAPORE: The yen nursed losses on Tuesday as traders walked back expectations for a Japan rate hike, while the...

Dollar hangs near 5-week high as inflation data looms; yen slips

Published 13 Feb, 2023 10:04am

TOKYO: The dollar hovered near a five-week high against major peers on Monday on rising bets for prolonged Federal...

US Fed expected to slow pace of rate hikes as inflation eases

Published 14 Dec, 2022 10:45am

WASHINGTON: US central bankers open the second day of a key policy meeting Wednesday, with mounting anticipation of...

Most Gulf markets retreat ahead of Fed meeting; Saudi rebounds

Published 14 Dec, 2022 05:57am

DUBAI: Most stock markets in the Gulf ended lower on Tuesday ahead of a reading of US inflation on the eve of a...

Bruised Wall St faces gauntlet of worries after market tumble

Published 25 Apr, 2022 05:42am

Battered US stocks are facing a potentially painful stretch in the weeks ahead, as hawkish Federal Reserve policy,...

Dollar hits two-weak peak as investors await Fed meeting

Published 26 Jan, 2022 04:41am

NEW YORK: The dollar rose to a two-week peak on Tuesday as tensions between Russia and the West over Ukraine drew...

Yen jumps, euro slumps amid Ukraine tensions, Fed jitters

Published 25 Jan, 2022 12:04pm

TOKYO: The safe-haven yen and US dollar rose on Tuesday while the risk-sensitive New Zealand dollar fell with the...

Teenage bitcoin throws an interest rate tantrum

Updated 25 Jan, 2022 01:27pm

Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature...

Gold slips on firm dollar, yields as focus turns to Fed meet

Published 19 Jan, 2022 06:15am

NEW YORK: Gold prices fell on Tuesday, dragged by a stronger dollar and higher U.S. Treasury yields, as investors...

Wall Street Week Ahead: Some worry US stocks rally more ‘Fear of Missing Out’ than fundamentals

Published 15 Nov, 2021 05:32am

NEW YORK: A record-setting run in US stocks has made some investors wary as concerns grow over the market’s...

Federal Reserve policy statement Sept 22, 2021

Published 22 Sep, 2021 11:47pm

Following is the full statement issued by the Federal Open Market Committee on Sept. 22, 2021: The Federal Reserve...

Australian shares set to open lower; NZ slightly up

Published 28 Jul, 2021 12:22pm

The local share price index futures fell 0.3%, a 115.4-point discount to the underlying S&P/ASX 200 index close

Nikkei closes below 28,000 level

Published 28 Jul, 2021 04:45am

TOKYO: Japanese equities rose on Tuesday, tracking overnight gains on Wall Street as investors cheered upbeat...

Gold prices at 1-1/2-week low on dollar strength as Fed meeting looms

Published 14 Jun, 2021 06:26pm

Fed likely to keep flexibility on tapering at meeting – MS.
Dollar firms near one-week peak.
Specs reduce gold bullish positions in week ended June 8- CFTC.

Yields lower as traders weigh Biden tax plan prospects

Published 23 Apr, 2021 06:45pm

The benchmark 10-year yield was down 2.3 basis points at 1.5331% in morning trading, at low end of the 1.528% to 1.646% range it has held since April 15.
Treasury auctions of 2-year, 5-year and 7-year notes on Monday and Tuesday totaling $183 billion will also show the market's appetite for US debt.

Gold prices down in Asia

Published 27 Jan, 2021 04:59am

SINGAPORE: Gold prices edged lower in Asian trade on Tuesday as the dollar strengthened and concerns over the ...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

Federal Reserve policy

Most Popular