Trends - Jerome Powell - Business Recorder

Jerome Powell

US MIDDAY: Gold climbs

NEW YORK: Gold scaled a more than one-month peak on Thursday as US Treasury yields slipped despite...

Published 16 Apr, 2021 03:40am

Markets

Gold falls in NY

NEW YORK: Gold fell on Wednesday as an uptick in US Treasury yields weighed on the non-yielding bullion’s appeal,...

Published 15 Apr, 2021 03:22am

Business & Finance

Current US debt level ‘very sustainable’: Fed’s Powell

WASHINGTON: US government borrowing is on an “unsustainable path” but the current debt level is “very...

Updated 15 Apr, 2021 10:07am

Fed chair says cyberattacks main risk to US economy

WASHINGTON: Federal Reserve chairman Jerome Powell said he was more worried about the risk of a large-scale...

Updated 13 Apr, 2021 09:27am

Markets

Fed chair says cyberattacks main risk to US economy

The Fed was also looking at the possibility that part or even a large part of the financial system could shut down.

Updated 12 Apr, 2021 04:57pm

US economy at an ‘inflection point’: Powell

NEW YORK: The US economy is at an "inflection point" with expectations that growth and hiring will pick up speed in...

Published 12 Apr, 2021 03:59am

Markets

Gold slips in European trade

LONDON: Gold slipped more than 1% on Friday, weighed down by a jump in US Treasury yields and a rebound in the...

Published 10 Apr, 2021 04:34am

Business & Finance

Dollar rises in Europe

LONDON: The dollar gained slightly on Friday but was still heading for its softest week of the year after...

Published 10 Apr, 2021 04:34am

Markets

Gold slips on buoyant bond yields; set for weekly gain

Spot gold was 0.7pc lower at $1,744.07 per ounce by 1:44 p.m. EDT (1744 GMT), having hit its highest price since March 1 at $1,758.45 on Thursday.

Updated 10 Apr, 2021 12:11am

Markets

Dollar at two-week low after U.S. weekly jobless claims rise unexpectedly

The U.S. currency - which appreciated this year, helped in part by a rally in U.S. Treasury yields - has come under pressure in recent sessions as yields have retreated.

Updated 09 Apr, 2021 09:19am

Markets

Gold firms near 1-month peak as dollar, U.S. yields retreat

Spot gold rose 1.11pc to $1,756.56 per ounce by 1:43 p.m. EDT (1743 GMT), having earlier hit its highest since March 1 at $1,758.45.

Updated 09 Apr, 2021 12:07am

World

US defends IMF reserve increase aimed at poor nations

WASHINGTON: US Treasury Secretary Janet Yellen on Wednesday defended the IMF’s move to increase its reserve...

Published 25 Mar, 2021 05:08am

Markets

Gold moves higher in NY

NEW YORK: Gold gained on Wednesday, taking an uptick in US Treasury yields and the dollar in stride, as the...

Published 25 Mar, 2021 05:08am

Markets

Gold shrugs off higher yields, dollar after Powell testimony

Spot gold rose 0.5pc to $1,735.24 per ounce by 12:48 P.M EDT (1648 GMT). U.S. gold futures gained 0.6pc to $1,734.90.

Updated 25 Mar, 2021 12:06am

Markets

US MIDDAY: Gold dips

NEW YORK: Gold prices edged lower on Tuesday as a firmer dollar outweighed a dip in U.S Treasury yields, ahead of...

Published 24 Mar, 2021 05:10am

Markets

Gold slips in European trade

ROTTERDAM/LONDON: Gold prices edged lower on Tuesday as a firmer dollar outweighed a dip in U.S Treasury yields,...

Published 24 Mar, 2021 05:10am

Markets

Gold prices little changed in Asia

SINGAPORE: Gold prices were little changed in Asian trade on Tuesday as investors awaited comments on US economic...

Published 24 Mar, 2021 05:10am

Powell sees ‘strengthening’ US recovery but struggle continues

WASHINGTON: The US recovery from the Covid-19 pandemic "looks to be strengthening," Federal Reserve Chair Jerome...

Published 24 Mar, 2021 05:10am

Opinion

Fed hopes for inflation psych-out, stable expectations, as prices rise

The Federal Reserve’s mission is to maintain “stable prices,” but Chair Jerome Powell’s take on that may ...

Published 23 Mar, 2021 04:37am

Markets

Asia markets retreat as rate fears trump recovery optimism

National Australia Bank's Rodrigo Catril said there were also concerns about rising tensions between the US and major producer Russia.

Published 19 Mar, 2021 09:40am

Markets

US MIDDAY: Gold slips

NEW YORK: Gold prices dropped on Thursday as a surge in US bond yields and a firmer dollar hammered bullion’s...

Published 19 Mar, 2021 05:32am

Business & Finance

Fed sees higher growth, above target inflation this year, rates remain steady

WASHINGTON: The Federal Reserve on Wednesday projected a rapid jump in US economic growth and inflation this year as...

Published 18 Mar, 2021 03:56am

Markets

Australia, NZ dollars tread water ahead of Fed meeting

On Wednesday, Assistant Governor Chris Kent reiterated the RBA's lower-for-longer rate view while signalling monetary policy will not be used to control asset price gains.

Published 17 Mar, 2021 11:22am

‘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

Business & Finance

'Markets be damned!': Fed standing firm on inflation fears

The critical question is how high "and for how long," she said.

Published 14 Mar, 2021 11:09am

Business & Finance

US consumer prices rise; underlying inflation muted for now

WASHINGTON: US consumer prices increased solidly in February, with households paying more for gasoline, but...

Published 11 Mar, 2021 05:25am

Markets

Gold holds near 9-month low in Europe

MILAN/LONDON: Gold fell to its lowest in nine months on Friday after better-than-expected US employment data...

Published 06 Mar, 2021 05:01am

Business & Finance

Dollar gains across the board in Europe

LONDON: The dollar rose to multi-month highs against the euro, yen and Swiss franc on Friday after Federal Reserve...

Published 06 Mar, 2021 05:01am

Markets

US MIDDAY: Gold ekes out gains

NEW YORK: Gold prices edged higher on Thursday as investors adopted a cautious stance ahead of remarks from Federal...

Published 05 Mar, 2021 05:17am

Markets

Gold prices move up in Asia

SINGAPORE: Gold prices rose in Asian trade on Thursday, rebounding from a near nine-month low hit in the previous...

Published 05 Mar, 2021 05:17am

Gainers
Losers
Leaders

Stock	Price
Pak Gulf Leas. / Apr 19 Pak-Gulf Leasing Company Limited(PGLC)	9.34 ▲ 0.99 (11.86%)
Allied Rental Mod / Apr 19 Allied Rental Modaraba(ARM)	8.70 ▲ 0.91 (11.68%)
Sana Ind. (R) / Apr 19 Sana Industries (R)(SNAIR)	10.01 ▲ 1.00 (11.10%)
SILKBANK / Apr 19 Silkbank Limited(SILK)	1.40 ▲ 0.13 (10.24%)
Service Fab. / Apr 19 Service Fabrics Limited(SERF)	11.35 ▲ 1.00 (9.66%)
Worldcall / Apr 19 Worldcall Telecom Limited(WTL)	1.69 ▲ 0.13 (8.33%)
Crescent Fib. / Apr 19 Crescent Fibres Limited(CFL)	55.05 ▲ 3.84 (7.50%)
Din Tex. / Apr 19 Din Textile Mills Limited(DINT)	49.46 ▲ 3.45 (7.50%)
Landmark Sp. / Apr 19 Landmark Spinning Industries Limited(LMSM)	21.50 ▲ 1.50 (7.50%)
Mithchells / Apr 19 Mitchells Fruit Farms Limited(MFFL)	306.37 ▲ 21.37 (7.50%)

Stock	Price
First Equity Mod. / Apr 19 First Equity Modaraba(FEM)	3.26 ▲ -0.92 (-22.01%)
Pak. P.V.C. / Apr 19 Pakistan PVC Limited(PPVC)	3.41 ▲ -0.54 (-13.67%)
Flying Cement (R) / Apr 19 Flying Cement Company (R)(FLYNGR)	2.40 ▲ -0.32 (-11.76%)
Quetta Textile / Apr 19 Quetta Textile Mills Limited(QUET)	8.51 ▲ -0.94 (-9.95%)
First Punjab Mod. / Apr 19 First Punjab Modaraba(FPJM)	2.60 ▲ -0.28 (-9.72%)
Shaheen Ins. / Apr 19 Shaheen Insurance Company Limited(SHNI)	3.80 ▲ -0.33 (-7.99%)
Kohinoor Ind. / Apr 19 Kohinoor Industries Limited(KOIL)	7.61 ▲ -0.63 (-7.65%)
Emco Ind. / Apr 19 Emco Industries Limited(EMCO)	29.60 ▲ -2.40 (-7.50%)
Gatron Ind. / Apr 19 Gatron (Industries) Limited(GATI)	440.30 ▲ -35.70 (-7.50%)
Netsol Tech. / Apr 19 NetSol Technologies Limited(NETSOL)	161.82 ▲ -13.11 (-7.49%)

Stock	Volume
Worldcall / Apr 19 Worldcall Telecom Limited(WTL)	100,836,000 ▼ 0.00
Byco Petr. / Apr 19 Byco Petroleum Pakistan Limited(BYCO)	24,233,500 ▼ 0.00
TRG Pak. / Apr 19 TRG Pakistan Limited(TRG)	22,706,118 ▼ 0.00
Ghani Global Hold. / Apr 19 Ghani Global Holdings Limited(GGL)	22,186,500 ▼ 0.00
Telecard / Apr 19 Telecard Limited(TELE)	16,509,000 ▼ 0.00
Unity Foods / Apr 19 Unity Foods Limited(UNITY)	13,214,944 ▼ 0.00
SILKBANK / Apr 19 Silkbank Limited(SILK)	12,077,000 ▼ 0.00
Bal. Glass / Apr 19 Balochistan Glass Limited(BGL)	11,394,500 ▼ 0.00
Pakistan Refinery / Apr 19 Pakistan Refinery Limited(PRL)	7,176,500 ▼ 0.00
K-Electric Ltd / Apr 19 K-Electric Limited(KEL)	6,546,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 16	152.80
USD PKR Interbank Buying / Apr 16	152.70
USD to Japanese Yen / Apr 16	108.80
USD to Swiss Franc / Apr 16	0.92
Pound Sterling to USD / Apr 16	1.38
Euro to USD / Apr 16	1.20
UK LIBOR % / Apr 16	0.07

Stock	Volume
S&P 500 / Apr 16	4185.47
India Sensex / Apr 16	48832.03
Tokyo Nikkei / Apr 16	29683.37
Nasdaq / Apr 16	14052.34
Hang Seng / Apr 16	28969.71
FTSE 100 / Apr 16	7019.53
Dow Jones / Apr 16	34200.67
Germany DAX 30 / Apr 16	15459.75
France CAC40 / Apr 16	6287.07

Item	Value
Crude Oil / Apr 16	63.13
Karachi Cotton Assoc. / Apr 16	10800.00
Gold 10 Grams / Apr 16	94564.00
Gold Spot / Apr 16	1780.20
Cotton / Apr 16	85.03

Jerome Powell

US MIDDAY: Gold climbs

Gold falls in NY

Current US debt level ‘very sustainable’: Fed’s Powell

Fed chair says cyberattacks main risk to US economy

Fed chair says cyberattacks main risk to US economy

US economy at an ‘inflection point’: Powell

Gold slips in European trade

Dollar rises in Europe

Gold slips on buoyant bond yields; set for weekly gain

Dollar at two-week low after U.S. weekly jobless claims rise unexpectedly

Gold firms near 1-month peak as dollar, U.S. yields retreat

US defends IMF reserve increase aimed at poor nations

Gold moves higher in NY

Gold shrugs off higher yields, dollar after Powell testimony

US MIDDAY: Gold dips

Gold slips in European trade

Gold prices little changed in Asia

Powell sees ‘strengthening’ US recovery but struggle continues

Fed hopes for inflation psych-out, stable expectations, as prices rise

Asia markets retreat as rate fears trump recovery optimism

US MIDDAY: Gold slips

Fed sees higher growth, above target inflation this year, rates remain steady

Australia, NZ dollars tread water ahead of Fed meeting

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

'Markets be damned!': Fed standing firm on inflation fears

US consumer prices rise; underlying inflation muted for now

Gold holds near 9-month low in Europe

Dollar gains across the board in Europe

US MIDDAY: Gold ekes out gains

Gold prices move up in Asia

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