Trends - Jerome Powell - Business Recorder

Jerome Powell

Wall St listless as investors await Fed rate decision

NEW YORK: Wall Street’s main indexes struggled for direction on Wednesday as investors refrained from making large...

Published 23 Mar, 2023 05:47am

Markets

European stocks crawl higher in run-up to Fed decision

PARIS: European stocks edged higher on Wednesday, extending gains for a third day, as investors awaited a crucial...

Published 23 Mar, 2023 05:47am

Markets

Gold firms while traders brace for US Fed move

NEW YORK: Gold gained on Wednesday as Treasury yields and the dollar slipped, while traders positioned for the US...

Published 23 Mar, 2023 05:47am

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

Business & Finance

Fed to balance banking woes, inflation in this rate decision

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

Published 20 Mar, 2023 06:12am

Markets

Japanese rubber futures fall

SINGAPORE: Japanese rubber futures fell first weekly drop in three, as traders assessed a slowing growth rate in...

Published 12 Mar, 2023 05:55am

Markets

India bond yields little changed

MUMBAI: Indian government bond yields were largely unchanged in the early session on Thursday, as traders continue ...

Published 10 Mar, 2023 03:46am

World

US Fed warns of 'widespread' inflationary pressures

WASHINGTON: The Federal Reserve warned Wednesday that the United States still faces "widespread" inflationary...

Published 09 Mar, 2023 01:24am

World

Fed’s Powell: No call made yet on size of March rate rise

NEW YORK: Federal Reserve Chair Jerome Powell said Wednesday that officials have not yet made a call on the size of...

Published 08 Mar, 2023 09:51pm

Markets

Wall Street falls

NEW YORK: US stock indexes fell on Tuesday as Federal Reserve Chair Jerome Powell told Congress the central bank ...

Published 08 Mar, 2023 06:20am

Business & Finance

Dollar jumps

NEW YORK: The dollar extended gains against a basket of currencies on Tuesday after Federal Reserve Chair Jerome...

Published 08 Mar, 2023 06:20am

Markets

Oil falls 3pc

NEW YORK: Oil prices fell by more than $2 a barrel on Tuesday after comments from US Federal Reserve Chair Jerome...

Published 08 Mar, 2023 06:20am

World

US prepared to return to bigger rate hikes if strong data persists: Powell

WASHINGTON: The United States is prepared to increase the pace of interest rate hikes if strong economic data...

Published 07 Mar, 2023 11:37pm

World

Hawkish Powell puts 50 bp Fed rate hikes back on table

NEW YORK: The Federal Reserve will likely need to raise interest rates more than expected in response to recent...

Published 07 Mar, 2023 08:38pm

Markets

Tech-heavy Nasdaq outshines other major US indexes

NEW YORK: A rise in Apple shares and easing Treasury yields bolstered the tech-heavy Nasdaq index on Monday as focus...

Published 07 Mar, 2023 03:16am

Markets

Spot fuel oil cash differentials steady

SINGAPORE: Spot fuel oil cash differentials in Asia steadied on Monday, following a volatile week that saw high...

Published 07 Mar, 2023 03:16am

Markets

Gold dips as market braces for Fed chief testimony

NEW YORK: Gold eased from an earlier 2-1/2 week high on Monday as investors prepared for Congressional testimony ...

Published 07 Mar, 2023 03:16am

Business & Finance

Dollar dips, with jobs data in focus

NEW YORK: The greenback slipped against a basket of currencies on Monday as investors waited on testimony by Federal...

Published 07 Mar, 2023 03:16am

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

Dollar flat to slightly higher

NEW YORK: The dollar was flat to slightly higher in choppy trading on Wednesday, as investors paused selling the...

Published 09 Feb, 2023 06:02am

Markets

Oil surges over 3pc as Fed’s Powell eases rate hike concerns

NEW YORK: Oil prices climbed more than 3% on Tuesday after the head of the US central bank eased market concerns ...

Published 08 Feb, 2023 06:10am

Markets

Gold steadies as investors cool heels before key economic data

NEW YORK: Gold was little changed on Tuesday with a slightly higher dollar keeping prices in check, while investors...

Published 08 Feb, 2023 06:10am

World

Inflation starting to slow but long, 'bumpy' road ahead: Powell

WASHINGTON: US inflation is starting to cool but the road ahead will likely be long and bumpy, Federal Reserve Chair...

Published 08 Feb, 2023 12:35am

Markets

Wall Street edges lower on Fed fears; Tyson Foods slides

NEW YORK: US stock indexes edged lower on Monday with Tyson Foods falling on disappointing quarterly results, while...

Published 07 Feb, 2023 06:07am

Markets

Nasdaq soars more than 3pc on Meta boost

NEW YORK: The Nasdaq rose to a near five-month intraday high as Meta Platforms surged on rigorous cost controls,...

Published 03 Feb, 2023 06:17am

Business & Finance

ECB raises rates, signals at least one more hike

FRANKFURT: The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one...

Published 03 Feb, 2023 06:17am

World

Fed’s Powell says no rate cuts this year, and markets hear it differently

Federal Reserve Chair Jerome Powell had a clear message on Wednesday: as “gratifying” as it is that inflation has...

Published 02 Feb, 2023 04:28pm

Business & Finance

Possible Fed could raise rates beyond December forecast: Powell

NEW YORK: Federal Reserve Chairman Jerome Powell said on Wednesday he is not fully sure where the central bank will...

Published 02 Feb, 2023 04:51am

Markets

Wall Street dips as Fed decision looms; AMD boosts chipmakers

US stock indexes fell on Wednesday ahead of the Federal Reserve's decision on interest rates later in the day, while...

Published 01 Feb, 2023 10:29pm

World

Fed’s Powell tests positive for COVID, has mild symptoms

WASHINGTON: Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Wednesday and is experiencing mild...

Published 18 Jan, 2023 08:55pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

Jerome Powell

Most Popular Articles