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Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,280
1124hr
Pakistan Cases
1,265,047
66324hr
1.66% positivity
Sindh
465,819
Punjab
437,974
Balochistan
33,128
Islamabad
106,469
KPK
176,886

Michael Saunders

Pound pinned near 2-week highs

Pound pinned near 2-week highs

LONDON: Sterling held near a two-week high against the dollar on Tuesday as UK jobs data came in largely in line ...
Published 13 Oct, 2021 04:47am
Firm dollar, equities put gold under pressure
Markets

Firm dollar, equities put gold under pressure

  • Hedge funds and money managers raised their bullish positions in COMEX gold and cut them in silver contracts in the week to March 23, the US Commodity Futures Trading Commission (CFTC) said on Friday.
Published 29 Mar, 2021 10:58am
Negative rates may be BoE's best tool in future: Saunders
Business & Finance

Negative rates may be BoE's best tool in future: Saunders

  • Saunders, one of nine members of the BoE's Monetary Policy Committee, said in December that he saw scope for borrowing costs modestly below zero.
  • "If we wanted to lower the yield curve from current levels, then I suspect a lower Bank Rate might be more appropriate," he told the Resolution Foundation think tank.
Published 18 Feb, 2021 08:59pm