Trends - Federal Reserve - Business Recorder

Federal Reserve

Investors bet Powell’s Fed will get more aggressive on inflation

Investors are betting that newly renominated Federal Reserve Chairman Jerome Powell will need to step up the pace at...

Published 24 Nov, 2021 05:18am

Business & Finance

Sterling touches lowest level in 2021 vs dollar

LONDON: Sterling slipped on Tuesday to its lowest level versus the dollar this year as traders assessed the impact ...

Published 24 Nov, 2021 05:18am

Business & Finance

Dollar gains, euro recovers on better than expected data

NEW YORK: The dollar index held near 16-month highs on Tuesday after Federal Reserve Chair Jerome Powell was picked...

Published 24 Nov, 2021 05:18am

Markets

S&P 500 at record high as banks rally on Powell nomination

NEW YORK: The S&P 500 hit a record high on Monday after President Joe Biden picked Federal Reserve Chair Jerome...

Published 23 Nov, 2021 03:54am

World

Biden nominates Powell for new term heading Fed: W.House

WASHINGTON: US President Joe Biden on Monday nominated Jerome Powell for a second term as Federal Reserve Chair,...

Updated 22 Nov, 2021 08:08pm

Markets

Long-dated yields tumble on Covid fears

NEW YORK: Long-dated US Treasury yields tumbled on Friday as concerns about new lockdowns related to the spread of...

Published 22 Nov, 2021 05:31am

Markets

Asian markets swing as traders keep worried eye on inflation

HONG KONG: Asian equity markets fluctuated Monday following a recent run-up, as investors struggled to keep up with...

Published 16 Nov, 2021 04:26am

Markets

Dollar eases from 16-month high as market seeks clues on Fed policy

TOKYO: The dollar eased back from near an almost 16-month high versus major peers on Monday, as traders awaited ...

Published 15 Nov, 2021 11:44am

Business & Finance

Canadian dollar steadies near 5-week low

TORONTO: The Canadian dollar was little changed against the greenback on Friday, holding near its weakest level in...

Published 13 Nov, 2021 04:08am

Business & Finance

Dollar climbs after hot US inflation; euro dips

NEW YORK: The dollar rose to almost 16-month highs against the euro and other currencies on Thursday, after the...

Published 12 Nov, 2021 04:46am

Markets

Australia shares extend losses for fourth day on US inflation threat

Australian shares on Thursday extended losses for a fourth session, with healthcare and energy firms weighing the...

Published 11 Nov, 2021 10:46am

Markets

Wall St slides as hot consumer prices data fans inflation fears

NEW YORK: Wall Street’s main indexes fell on Wednesday as a surge in U.S. consumer prices last month deepened ...

Published 11 Nov, 2021 05:20am

Markets

Yields fall, curve flattens after strong US jobs data

CHICAGO: US Treasury yields tumbled and the curve flattened in choppy trading on Friday amid uncertainty as to how...

Published 08 Nov, 2021 05:19am

Markets

Frankfurt’s DAX hits all-time highs

FRANKFURT: Germ-any’s bluechip DAX index closed above the 16,000 mark for the first time ever on Thursday, a day...

Published 05 Nov, 2021 04:39am

Markets

Wall Street posts gains after Fed unveils anticipated bond-buying ‘taper’

NEW YORK: US stocks gained on Wednesday, with major indexes hitting record highs, as the Federal Reserve said it ...

Published 05 Nov, 2021 04:39am

Opinion

As Fed kicks off taper, some investors seek to dial down risk Gertrude

The Fed's well-telegraphed taper announcement has done little to soothe the nerves of some investors, who remain on...

Published 05 Nov, 2021 04:39am

Markets

Stocks mostly rise as Fed to begin tapering but BoE holds fire

LONDON: Global stock markets mostly rose Thursday, a day after the Federal Reserve said it would start "tapering" ...

Published 04 Nov, 2021 07:06pm

Markets

Hong Kong shares track Wall St record at open

HONG KONG: Hong Kong stocks rose at the open of business Thursday morning following another record on Wall Street...

Published 04 Nov, 2021 10:25am

Markets

Stocks steady before Fed decision on stimulus

LONDON: Stock markets steadied and the dollar retreated Wednesday, with investors biding their time ahead of a...

Published 03 Nov, 2021 06:24pm

Markets

Global shares linger at peaks ahead of Fed move

HONG KONG: Global shares hovered at record highs while currency markets and US Treasuries were steady on Wednesday,...

Published 03 Nov, 2021 10:30am

Markets

Tokyo leads gains in most Asian markets but China data hits Hong Kong

HONG KONG: Most Asian markets rose Monday, with Tokyo leading the way as a win for Japan's ruling party in a weekend...

Published 01 Nov, 2021 09:06am

Business & Finance

Fed set to begin stimulus taper amid sticky inflation

WASHINGTON: The Federal Reserve is set to begin removing a major plank of the stimulus policies it rolled out last...

Published 01 Nov, 2021 06:09am

Markets

US yields mixed amid rate policy uncertainty

NEW YORK: US Treasury yields were mixed on Friday, with some maturities pulling back from highs, as selling eased...

Published 01 Nov, 2021 05:20am

Markets

US Fed set to begin stimulus taper amid sticky inflation

WASHINGTON: The Federal Reserve is set to begin removing a major plank of the stimulus policies it rolled out last...

Published 31 Oct, 2021 10:53am

Markets

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

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 4 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 4 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 4 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 4 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 4 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 4 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 4 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 4 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 4 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 4 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 4 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 4 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 4 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 4 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

Federal Reserve

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