Trends - FOMC - Business Recorder

FOMC

Tokyo stocks open higher

Tokyo shares are likely to stay within the current range

Published 06 Jul, 2021 10:10am

Business & Finance

Early trade in NY: Dollar little changed to slightly higher

NEW YORK: The dollar was little changed to slightly higher on Thursday, with most currencies trading within narrow...

Published 02 Jul, 2021 04:19am

Business & Finance

Dollar index climbs in Europe

LONDON: The dollar index hit 3-month highs on Thursday, ahead of a US jobs report that could offer clues on when the...

Published 02 Jul, 2021 04:19am

Markets

Tokyo's Nikkei drops 3.4% at break on US rate hike fear

The dollar fetched 110.16 yen in late Tokyo morning hours, against 110.20 yen in New York and 110.07 yen in Tokyo on Friday.

Published 21 Jun, 2021 09:48am

Markets

Tokyo stocks close higher

Toyota advanced 0.39 percent to 9,900 yen while Nissan rose 1.18 percent to 555.3 yen.

Published 14 Jun, 2021 01:52pm

Markets

Tokyo stocks open higher

The dollar changed hands at 109.70 yen in early Asian trade against 109.66 in New York late Friday.

Published 14 Jun, 2021 11:18am

Markets

Asian markets swing after Yellen spooks Wall St, eyes on US jobs

"Sure, a five percent pullback below 4,000 is quite possible -- and more likely probable, in that the narrative of the past week was to sell on the earnings news, regardless of the blowout numbers crossing the tape."

Published 05 May, 2021 11:12am

Markets

Dollar gains vs most major currencies as Fed meeting looms this week

German Ifo data short of expectations.
Focus on Fed meeting ending Wednesday.
Bitcoin reclaims $50,000 bar.
Turkish lira recovers from steep losses.

Published 26 Apr, 2021 08:23pm

Markets

Gold hits 3-week peak as Fed's dovish tone pressures dollar, yields

Fed committed to support economy until recovery more secure.
Markets eye Powell's speech at IMF conference
Silver hits over two-week peak.

Published 08 Apr, 2021 05:55pm

Markets

US economists see Fed hiking lending rate sooner than expected: survey

Thirty-three percent of respondents said the government's response was adequate, a slight decrease from the previous survey in August 2020, while 37 percent said it was insufficient, also down slightly from the previous survey. Eighteen percent said it was excessive, up slightly from August.

Published 22 Mar, 2021 10:45am

Markets

Dollar strengthens amid higher US yields on Fed's lower-for-longer mantra

In the cryptocurrency market, bitcoin weakened to around $56,703 in early Asian trading, seesawing after breifly topping $60,000 again overnight.

Published 19 Mar, 2021 09:54am

Markets

South Korea stocks end lower as investors await Fed meeting outcome

In money and debt markets, June futures on three-year treasury bonds fell 0.02 points to 110.65.

Published 17 Mar, 2021 01:19pm

Markets

Inflation bets nudge gold higher ahead of Fed outcome

"The main trend will change upwards when buyers take up positions above $1,760 an ounce," Sandu said.

Published 17 Mar, 2021 11:33am

Markets

Gold muted as markets wait for US Fed meeting

Investors now eye the US Commerce Department's February retail sales data due on Tuesday, following January's 5.3% surge.

Published 16 Mar, 2021 11:43am

Markets

Gold sheds gains on hopes of swift recovery after China data

Investors are now awaiting the US Federal Reserve meeting this week for direction on monetary policy.

Published 15 Mar, 2021 11:00am

Markets

Tokyo stocks open marginally higher ahead of key data

In Tokyo, e-commerce giant Rakuten skyrocketed 20.72 percent to a day-time upper limit of 1,503 yen and Japan Post gained 1.95 percent to 1,045.5 yen after the companies confirmed reports that the two firms agreed to form a capital alliance.

Published 15 Mar, 2021 10:29am

‘Markets be damned!’: Fed standing firm on inflation fears

WASHINGTON: Skittish investors have see-sawed between celebration about the expected US economic recovery and...

Published 15 Mar, 2021 05:22am

Fed holds first policy meeting of Biden administration

WASHINGTON: With a new year and a new administration in the White House, the US central bank nonetheless faces an...

Updated 25 Jan, 2021 10:04am

Business & Finance

US Fed holds first policy meeting of Biden administration

But Aaronson noted that Powell will have to communicate clearly to both Wall Street and small businesses to calm concerns.

Published 24 Jan, 2021 10:39am

Business & Finance

Tokyo stocks close higher with eyes on US Fed

The dollar fetched 103.56 yen in Asian trade, against 103.61 yen in New York and 104.08 yen in Tokyo late Tuesday.

Published 16 Dec, 2020 12:11pm

Markets

Australian shares jump most in over two weeks on US stimulus hopes

"If the coal issue with China is resolved early in the new year, it would relax the market in relation to other commodities that are exported to China," Smoling added.

Published 16 Dec, 2020 12:06pm

Markets

Tokyo stocks open higher with eyes on US Fed

Japan has booked a trade surplus of 366.8 billion yen ($3.5 billion) in November, the fifth consecutive monthly surplus, according to data released by the finance ministry before the opening bell, which prompted little reaction from investors.

Published 16 Dec, 2020 09:07am

Markets

Gold slumps over 2pc as vaccines spark economic optimism

Silver falls as much as 4%.
Health Canada approves Pfizer and BioNTech's COVID-19 vaccine.

Published 10 Dec, 2020 02:17am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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