Trends - US central bank - Business Recorder

US central bank

Gold gains as dollar, Treasury yields slip

LONDON: Gold rose on Thursday after the US Federal Reserve’s first interest rate hike in three years bore no...

Published 18 Mar, 2022 05:20am

Business & Finance

US dollar hits lowest in week as investors gauge Fed policy, euro firmer

NEW YORK: The US dollar fell on Thursday and hit its lowest in a week as investors digested the Federal Reserve’s...

Published 18 Mar, 2022 05:20am

Markets

Ukraine war complicates Fed's inflation fighting effort

WASHINGTON: The uncertainty created by Russia's invasion of Ukraine and its impact on the global economy is piling...

Published 27 Feb, 2022 12:32pm

Markets

Aluminium leads weekly gains in base metals amid supply fears

London base metals fell on Friday as a stronger-than-expected US inflation data stoked worries about a more...

Published 11 Feb, 2022 10:36am

Markets

Lisa Cook, expert on economic scars of racism, now Biden Fed nominee

WASHINGTON: A researcher focused on how discrimination has harmed the American economy and the damage downturns do ...

Published 03 Feb, 2022 11:05am

Opinion

Investors worry about hawkish Fed hurting growth

Laser-focused on how aggressive the Federal Reserve will be in tightening policy, some US investors and strategists...

Published 27 Jan, 2022 04:05am

Fed flags rate hike ‘soon,’ plans for ‘significantly reducing’ balance sheet

WASHINGTON: The Federal Reserve on Wednesday signaled it is likely to raise US interest rates in March and ...

Updated 27 Jan, 2022 09:37am

Markets

Asian markets enjoy much-needed rally as Fed's big day arrives

HONG KONG: Asian markets enjoyed some respite Wednesday from the hefty selling at the start of the week, with focus...

Published 26 Jan, 2022 09:54am

Markets

European equities rebound as Fed meets

LONDON: European stock markets rebounded Tuesday, shrugging off steep Asian losses on the eve of a Federal Reserve...

Published 26 Jan, 2022 04:41am

Opinion

A digital dollar is years away as Fed kicks issue to Congress

While the Federal Reserve’s paper on potentially adopting a central bank digital currency (CBDC) will advance...

Published 25 Jan, 2022 05:03am

Markets

US MIDDAY: Gold steadies

NEW YORK: Gold prices steadied on Monday as tensions over Ukraine buoyed its safe-haven allure, while investors held...

Published 25 Jan, 2022 05:03am

Business & Finance

Facing questions on trades, Fed vice chair to leave early

NEW YORK: Federal Reserve Vice Chair Richard Clarida announced Monday he will exit the US central bank early...

Published 12 Jan, 2022 04:25am

Markets

Wells Fargo shares race ahead as investors bet on turnaround story

NEW YORK: Wells Fargo & Co shares have rallied ahead of its quarterly earnings later this week as analysts ...

Published 11 Jan, 2022 06:33am

Business & Finance

Possible US job boom in December lynchpin to Fed rate hikes

WASHINGTON: The American economy likely saw strong job gains in the final month of 2021, which could shorten the...

Published 07 Jan, 2022 10:08am

Opinion

Investors brace for quantitative tightening as Fed sends hawkish message

Another barometer of Federal Reserve hawkishness is making a bigger appearance on investors’ dashboards:...

Published 07 Jan, 2022 06:22am

Markets

Benchmark yields post largest increase since 2013

NEW YORK: Benchmark 10-year Treasuries ended the year with the largest yield increase since 2013 as investors ...

Published 03 Jan, 2022 06:42am

Markets

Wall Street rises as Fed gears up for inflation fight

NEW YORK: Wall Street’s main indexes climbed on Thursday after the Federal Reserve announced a faster wind-down of...

Published 17 Dec, 2021 04:30am

Markets

Hong Kong shares rise

HONG KONG: Hong Kong shares rose on Thursday after an upbeat economic outlook from the US Federal Reserve boosted...

Published 17 Dec, 2021 04:30am

Markets

Oil rises about 2pc on strong US demand, upbeat Fed outlook

NEW YORK: Oil prices gained around 2% on Thursday, as record US implied demand, falling crude stockpiles and an...

Published 17 Dec, 2021 04:30am

Markets

Wall Street rises as Fed gears up for inflation fight

Wall Street's main indexes climbed on Thursday after the Federal Reserve announced a faster wind-down of its...

Updated 16 Dec, 2021 08:08pm

Markets

Wall Street falls ahead of Fed announcement

• Big tech stocks fall, defensive sectors rise • Indexes down: Dow 0.16pc, S&P 0.37pc, Nasdaq 0.95pc NEW...

Published 16 Dec, 2021 04:00am

Markets

Wall Street dips ahead of Fed announcement

US stock indexes dipped on Wednesday ahead of a policy announcement by the Federal Reserve later in the day, as the...

Published 15 Dec, 2021 07:58pm

Markets

Most Gulf bourses rise ahead of cenbank meetings

DUBAI: Most stock markets in the Gulf reversed early losses to close higher on Tuesday despite Omicron coronovirus...

Published 15 Dec, 2021 06:34am

Markets

In year-end meetings, top central banks may diverge over inflation, Omicron

Major central banks meet this week to assess risks from the new Omicron variant of the coronavirus even as they...

Published 14 Dec, 2021 12:44pm

Business & Finance

US dollar gains as Fed seen wrapping up asset purchases earlier than expected

NEW YORK: The dollar firmed on Monday ahead of a slew of central bank meetings this week led by the Federal Reserve...

Published 14 Dec, 2021 06:40am

Markets

Wall Street Week Ahead: Hawkish Fed boosts value stocks’ appeal for some investors

NEW YORK: Some investors are preparing for a hawkish turn from the Federal Reserve by buying the cyclical,...

Published 06 Dec, 2021 06:19am

Markets

Wall St drops over 1pc on Powell’s faster taper comments, Omicron worries

NEW YORK: Wall Street’s main indexes tumbled more than 1% on Tuesday after Federal Reserve Chair Jerome Powell ...

Published 01 Dec, 2021 03:52am

Markets

Gold dips below $1,800 in Europe

LONDON: Gold eased below $1,800 on Tuesday as the dollar hit 16-month highs and Treasury yields firmed, with...

Published 24 Nov, 2021 05:18am

Markets

European shares at record high

LONDON: European shares rose for a fifth straight session on Thursday, hitting record levels, as the US Federal...

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

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Jun 30 First IBL Modaraba(FIBLM)	4.80 ▲ 0.70 (17.07%)
Quetta Textile / Jun 30 Quetta Textile Mills Limited(QUET)	7.75 ▲ 0.76 (10.87%)
Awwal Modaraba / Jun 30 Awwal Modaraba(AWWAL)	10.43 ▲ 0.92 (9.67%)
First AL-Noor Mod. / Jun 30 First Al-Noor Modaraba(FANM)	3.24 ▲ 0.24 (8.00%)
United Insurance / Jun 30 The United Insurance Company(UNIC)	8.39 ▲ 0.59 (7.56%)
K.S.B.Pumps / Jun 30 KSB Pumps Company Limited(KSBP)	123.01 ▲ 8.58 (7.50%)
Sanofi-Aventis / Jun 30 Sanofi-Aventis Pakistan Limited(SAPL)	993.83 ▲ 69.33 (7.50%)
Arif Habib Corp / Jun 30 Arif Habib Corporation Limited(AHCL)	35.20 ▲ 2.45 (7.48%)
Arif Habib Ltd. / Jun 30 Arif Habib Limited(AHL)	43.25 ▲ 3.01 (7.48%)
J.K.Spinning / Jun 30 J.K. Spinning Mills Limited(JKSM)	56.16 ▲ 3.91 (7.48%)

Stock	Price
Sindh Modaraba / Jun 30 Sindh Modaraba(SINDM)	7.36 ▲ -0.91 (-11.00%)
786 Invest Ltd / Jun 30 786 Investments Limited(786)	4.82 ▲ -0.56 (-10.41%)
JS Investments / Jun 30 JS Investments Limited(JSIL)	11.25 ▲ -1.00 (-8.16%)
Gatron Ind. / Jun 30 Gatron (Industries) Limited(GATI)	402.37 ▲ -32.62 (-7.50%)
Khyber Tobacco / Jun 30 Khyber Tobacco Company Limited(KHTC)	215.97 ▲ -17.51 (-7.50%)
Leiner Pak Gelat / Jun 30 Leiner Pak Gelatine Limited(LPGL)	16.65 ▲ -1.35 (-7.50%)
Supernet Ltd. / Jun 30 Supernet Limited(GEMSPNL)	19.31 ▲ -1.56 (-7.47%)
Feroze 1888 / Jun 30 Feroze1888 Mills Limited(FML)	63.00 ▲ -5.00 (-7.35%)
Hussain Industries / Jun 30 Husein Industries Limited(HUSI)	15.20 ▲ -1.20 (-7.32%)
Premium Textile / Jun 30 Premium Textile Mills Limited(PRET)	690.10 ▲ -49.90 (-6.74%)

Stock	Volume
K-Electric Ltd. / Jun 30 K-Electric Limited(KEL)	14,279,000 ▼ 0.00
WorldCall Telecom / Jun 30 Worldcall Telecom Limited(WTL)	11,615,500 ▼ 0.00
Hascol Petrol / Jun 30 Hascol Petroleum Limited(HASCOL)	7,537,000 ▼ 0.00
Cnergyico PK / Jun 30 Cnergyico PK Limited(CNERGY)	5,582,406 ▼ 0.00
TPL Properties / Jun 30 TPL Properties Limited(TPLP)	4,353,672 ▼ 0.00
Pak Refinery / Jun 30 Pakistan Refinery Limited(PRL)	4,202,157 ▼ 0.00
Sui North Gas / Jun 30 Sui Northern Gas Pipelines Limited(SNGP)	4,059,218 ▼ 0.00
Habib Bank / Jun 30 Habib Bank Limited(HBL)	3,439,886 ▼ 0.00
Kot Addu Power / Jun 30 Kot Addu Power Company Limited(KAPCO)	3,431,945 ▼ 0.00
MCB Bank Ltd / Jun 30 MCB Bank Limited(MCB)	2,937,393 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 28	206.40
USD PKR Interbank Buying / Jun 28	206.20
USD to Japanese Yen / Jun 28	136.11
USD to Swiss Franc / Jun 28	0.96
Pound Sterling to USD / Jun 28	1.22
Euro to USD / Jun 28	1.05
UK LIBOR % / Jun 28	1.57

Stock	Volume
S&P 500 / Jun 28	3821.55
India Sensex / Jun 28	53177.45
Tokyo Nikkei / Jun 28	26741.34
Nasdaq / Jun 28	11181.54
Hang Seng / Jun 28	22132.44
FTSE 100 / Jun 28	7323.41
Dow Jones / Jun 28	30946.99
Germany DAX 30 / Jun 28	13231.82
France CAC40 / Jun 28	6086.02

Item	Value
Crude Oil USD/Barrel / Jun 28	111.30
Karachi Cotton PKR/37.32 KG / Jun 28	18980.00
Gold 10 Grams PKR / Jun 28	122200.00
Gold Spot USD/Ounce / Jun 28	1822.04
Cotton US¢/pound / Jun 28	93.77

US central bank

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