Trends - US Federal Reserve - Business Recorder

US Federal Reserve

Most Asian FX, stocks fall after traders reconsider Fed rate cut bets

Most Asian currencies fell on Tuesday, with the South Korean won suffering the most losses, while equities were...

Published 05 Dec, 2023 11:19am

Markets

Gold takes a breather

BENGALURU: Gold edged down after scaling a record high on Monday, with growing confidence that the US Federal ...

Published 05 Dec, 2023 03:01am

Business & Finance

Dollar gains, bitcoin breaches $42,000

WASHINGTON: The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets...

Published 05 Dec, 2023 03:01am

Markets

Australian shares snap 3-day gaining streak

SYDNEY: Australian shares snapped a three-day winning streak on Friday, starting the last month of the year on a...

Published 02 Dec, 2023 05:09am

Business & Finance

US dollar falls

NEW YORK: The dollar fell on Friday, after two days of gains, as Federal Reserve Chair struck a cautious tone on...

Published 02 Dec, 2023 05:09am

Business & Finance

Asian currencies: South Korean won records biggest monthly gain

BENGALURU: Most emerging Asian currencies were set to log monthly gains against the US dollar on Thursday on rising...

Published 01 Dec, 2023 04:43am

Business & Finance

Yuan on track for best month in a year

SHANGHAI: Disappointing Chinese factory activity data kept a cap on the yuan on Thursday, but the currency looked ...

Published 01 Dec, 2023 04:43am

Markets

JGB yields rebound after two-year bond auction sees poor demand

TOKYO: Japanese government bond (JGB) yields rebounded on Thursday after falling to multi-month lows this week,...

Published 30 Nov, 2023 10:56am

Markets

Nifty 50 reclaims 20,000 as blue-chips surge towards new highs

BENGALURU: India’s blue-chip indexes logged their best day in two weeks on Wednesday, led by high weightage...

Published 30 Nov, 2023 04:53am

Markets

Gold steadies near 7-month peak on Fed rate cut bets

BENGALURU: Gold steadied near its highest in about seven months on Wednesday as expectations that the US Federal...

Published 30 Nov, 2023 04:53am

Business & Finance

Yuan firms on prospects for US rate cuts

SHANGHAI: China’s yuan firmed to its strongest against the US dollar in five months on Wednesday, as the dollar...

Published 30 Nov, 2023 04:53am

Business & Finance

US Fed official ‘encouraged’ by progress against inflation

WASHINGTON: The US Federal Reserve is making encouraging progress in the fight against inflation, a senior bank...

Published 28 Nov, 2023 08:26pm

Markets

Soft China and India may undermine gold’s rally hopes: Russell

LAUNCESTON: The spot price of gold has climbed to a six-month high, buoyed by hopes that monetary tightening in...

Published 28 Nov, 2023 12:18pm

Markets

Dollar hangs at three-month low as traders eye PCE data

TOKYO: The US dollar ticked down to a three-month low against peer currencies on Tuesday after slipping overnight on...

Published 28 Nov, 2023 10:00am

Markets

Gold atop 6-month peak on softer US dollar, bets on Fed pause

Gold prices climbed a six-month peak on Monday, supported by a weaker US dollar and on bets that the US Federal...

Published 27 Nov, 2023 11:04am

Business & Finance

Fed expects interest rates to stay high ‘for some time’

WASHINGTON: All members of the US Federal Reserve’s powerful rate-setting committee judged earlier this month that...

Published 27 Nov, 2023 06:13am

Markets

Asian markets weaker; Thai baht, Korean won biggest laggards

BENGALURU: Asian currencies and equities were largely subdued on Friday, with Thailand’s baht and South Korean won...

Published 25 Nov, 2023 05:19am

Markets

Wall St set for subdued open in shortened trading session

US stocks were poised for a largely muted open on Friday in a shortened trading session for Thanksgiving, while...

Published 24 Nov, 2023 07:23pm

Business & Finance

Asian FX rangebound as US data rekindles rate woes

BENGALURU: Most Asian currencies and stocks steadied in thin holiday trade on Thursday, with the Philippine peso and...

Published 24 Nov, 2023 05:29am

Markets

European shares at two-month high

PARIS: European shares hit a two-month high on Wednesday, led by rate-sensitive real estate stocks, while British...

Published 23 Nov, 2023 03:19am

Markets

Gold slips below $2,000 level as dollar halts slide

Gold eased below the key $2,000 level on Wednesday, as the dollar stabilised from its recent drop, although...

Updated 22 Nov, 2023 11:08am

Markets

Italian shares lag European peers as banks drag

PARIS: Italian shares lagged European peers on Tuesday as banking stocks weighed, while investors awaited minutes...

Published 22 Nov, 2023 05:48am

Markets

Wall St falls as investors await Fed minutes

NEW YORK: US stocks fell on Tuesday, pulling back after a recent streak of gains as investors awaited Nvidia’s...

Published 22 Nov, 2023 05:48am

Business & Finance

Dollar extends fall ahead of Fed minutes

NEW YORK: The dollar index fell for a third straight session on Tuesday ahead of minutes from the US Federal...

Published 22 Nov, 2023 05:48am

Markets

Yuan drags dollar to fresh lows

SINGAPORE: The dollar slipped to fresh milestone lows on the euro, yen and other major currencies on Tuesday, as...

Published 21 Nov, 2023 10:05am

Markets

Indian shares weaker

BENGALURU: Indian shares closed lower on Monday, weighed by losses in auto stocks after a rally last week, along ...

Published 21 Nov, 2023 06:01am

Business & Finance

Indian rupee ends flat

MUMBAI: The Indian rupee was little changed on Monday as sustained dollar demand from importers kept the local unit...

Published 21 Nov, 2023 06:01am

Business & Finance

Dollar falls to two-month low on Fed view, yen strengthens

NEW YORK: The dollar index fell to its lowest in more than two months on Monday, extending a slide from the prior...

Published 21 Nov, 2023 06:01am

Markets

Yen hits fresh one-year low as focus swings to US inflation data

TOKYO: The Japanese yen hit a fresh one-year low against the dollar on Monday, as traders awaited another batch of...

Updated 13 Nov, 2023 10:54am

Markets

Australia shares slip on hawkish central banks

SYDNEY: Australian shares finished 0.6% lower on Friday, with banking stocks weighing the most on the benchmark,...

Published 13 Nov, 2023 06:31am

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Dec 5 First Punjab Modaraba(FPJM)	1.80 ▲ 0.20 (12.50%)
U.D.L.Modaraba / Dec 5 First UDL Modaraba(FUDLM)	8.09 ▲ 0.70 (9.47%)
Bawany Air Products / Dec 5 Bawany Air Products Limited(BAPL)	11.25 ▲ 0.97 (9.44%)
Tri-Star Power / Dec 5 Tri-Star Power Limited(TSPL)	11.88 ▲ 1.00 (9.19%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	12 ▲ 1.00 (9.09%)
Nazir Cotton Mills / Dec 5 Nazir Cotton Mills Limited(NCML)	3.91 ▲ 0.31 (8.61%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.27 (8.36%)
National Refinery / Dec 5 National Refinery Limited(NRL)	332.98 ▲ 23.23 (7.50%)
Panther Tyres L / Dec 5 Panther Tyres Ltd.(PTL)	46.28 ▲ 3.23 (7.50%)
Clover Pakistan / Dec 5 Clover Pakistan Limited(CLOV)	24.56 ▲ 1.71 (7.48%)

Stock	Price
PICIC Ins.Ltd. / Dec 5 PICIC Insurance Limited(PIL)	0.86 ▼ -0.12 (-12.24%)
Unicap Modaraba / Dec 5 Unicap Modaraba(UCAPM)	1.75 ▼ -0.22 (-11.17%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	225.64 ▼ -18.30 (-7.50%)
F.Credit & Inv / Dec 5 First Credit and Investment Bank Limited(FCIBL)	5.51 ▼ -0.43 (-7.24%)
Chakwal Spinning / Dec 5 Chakwal Spinning Mills Limited(CWSM)	2.06 ▼ -0.14 (-6.36%)
Pak Tobacco / Dec 5 Pakistan Tobacco Company Limited(PAKT)	1025 ▼ -69.00 (-6.31%)
F.Treet Manuf / Dec 5 First Treet Manufacturing Modaraba(FTMM)	3.61 ▼ -0.24 (-6.23%)
Otsuka Pakistan / Dec 5 Otsuka Pakistan Limited(OTSU)	162 ▼ -10.16 (-5.90%)
Bilal Fibres / Dec 5 Bilal Fibres Limited(BILF)	2.63 ▼ -0.15 (-5.40%)
Janana D Mal / Dec 5 Janana De Malucho Textile Mills Limited(JDMT)	60.50 ▼ -3.32 (-5.20%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.01
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.53
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	33,766,791 ▲ 0.20
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	24,759,000 ▲ 0.35
Hascol Petrol / Dec 5 Hascol Petroleum Limited(HASCOL)	24,574,000 ▲ 0.36
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▼ -1.59
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	23,552,441 ▲ 0.76
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,518,237 ▼ -1.08
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.41
Fauji Foods Ltd / Dec 5 Fauji Foods Limited(FFL)	20,839,226 ▲ 0.36

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	284.60
USD PKR Interbank Buying / Dec 5	284.20
USD to Japanese Yen / Dec 5	146.80
USD to Swiss Franc / Dec 5	0.87
Pound Sterling to USD / Dec 5	1.26
Euro to USD / Dec 5	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
Nasdaq / Dec 4	14185.50
Dow Jones / Dec 4	36204.44
India Sensex / Dec 5	69356.82
Tokyo Nikkei / Dec 5	32782.14
Hang Seng / Dec 5	16405.25
FTSE 100 / Dec 5	7475.73
Germany DAX 30 / Dec 5	16399.89
France CAC40 / Dec 5	7341.86

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 4	191701
Crude Oil USD/Barrel / Dec 5	73
Gold Spot USD/Ounce / Dec 5	2033.31
Cotton US¢/pound / Dec 5	78.78

Calculate your monthly liability in FY24

US Federal Reserve

Most Popular Articles