Trends - US Federal Reserve - Business Recorder

US Federal Reserve

Japanese stocks end higher on Wall St gains

TOKYO: Japanese stocks closed higher on Monday, catching the tailwind from a bounce on Wall Street after US Federal...

Published 31 Aug, 2021 04:03am

Markets

Shanghai aluminium touches 13-year high on supply worries

SHANGHAI: Shanghai aluminium prices climbed on Monday to their highest in more than 13 years on supply worries in...

Published 31 Aug, 2021 04:03am

Business & Finance

Australia, NZ dollars weighed by Covid-19, Fed prospects

SYDNEY: The Australian and New Zealand dollars were slightly lower on Monday, as wide-scale coronavirus restrictions...

Published 31 Aug, 2021 04:03am

Business & Finance

Dollar finds footing after two-week lows in Fed’s wake

NEW YORK: The dollar stabilized after hitting two-week lows on Monday, as the greenback attempted to recover from...

Published 31 Aug, 2021 04:03am

Markets

Indian shares end at record highs on Airtel, banks boost

The blue-chip NSE Nifty 50 index ended 1.35% higher to 16,931.05, its sixth straight session of gains, and the benchmark S&P BSE Sensex rose 1.36% to 56,889.76

Published 30 Aug, 2021 05:11pm

Markets

Most Asian currencies firm as waning taper fears pressure US dollar

South Korea's won rose as much as 0.6%, while Malaysian ringgit touched a near 2-month top as the dollar kept near two-week lows after Powell indicated on Friday there was no rush to tighten monetary policy

Published 30 Aug, 2021 10:21am

Business & Finance

Australia, NZ dollars cling to gains

SYDNEY: The Australian and New Zealand dollars were hanging onto much-needed weekly gains on Friday as investors...

Published 28 Aug, 2021 03:54am

Business & Finance

Dollar slips after Powell beckons tapering

NEW YORK: The dollar slid on Friday after the market perceived a highly anticipated speech by Federal Reserve Chair...

Published 28 Aug, 2021 03:54am

Business & Finance

Pound hits over 1-week high

LONDON: Britain’s pound jumped half a percent to the dollar to more than a week’s high on Friday and was set for...

Published 28 Aug, 2021 03:54am

Opinion

Investors see no speed bump in Fed’s Jackson Hole event

Despite weeks of anticipation, investors have lowered their expectations for Friday’s Jackson Hole event saying...

Published 27 Aug, 2021 04:52am

Markets

European stocks end lower

LONDON: European shares ended lower on Thursday after data showed faltering German consumer morale amid rising...

Published 27 Aug, 2021 04:52am

Markets

Global stocks set for a correction as rally fizzles

Global stocks have recovered by more than 90% from the troughs hit during the first wave of the COVID-19 pandemic

Published 26 Aug, 2021 11:20am

Markets

South Korea hikes interest rates for first time since pandemic

BoK raised its key rate by 25 basis points to 0.75 percent after a policy meeting as the country tries to rein in growing household debt and a frenzied housing market

Published 26 Aug, 2021 10:09am

Markets

European stocks end flat

LONDON: European stocks ended unchanged on Wednesday as losses in Italian utilities outweighed gains in travel and...

Published 26 Aug, 2021 04:52am

Markets

US MIDDAY: Gold firms above $1,800

NEW YORK: Gold consolidated above $1,800 on Tuesday as some investors bet the recent surge in COVID-19 cases could...

Published 25 Aug, 2021 04:43am

Markets

Gold steadies in Europe

AMSTERDAM/ LONDON: Gold prices held steady on Tuesday above the $1,800 per ounce level, helped by speculation that a...

Published 25 Aug, 2021 04:43am

Business & Finance

Global growth worries bolster euro zone bond markets

LONDON: Euro zone bond yields dipped slightly on Friday, holding near recent multi-month lows due to nagging ...

Published 23 Aug, 2021 06:20am

Markets

Pound set for worst week in months as global jitters boost dollar

Retail sales volumes dropped by 2.5% in July from June, official data showed. A Reuters poll of economists had pointed to a 0.4% month-on-month increase in July sales

Published 20 Aug, 2021 07:44pm

Markets

US MIDDAY: Gold eases as investors brace for US Fed minutes

NEW YORK: Gold inched lower on Wednesday as investors awaited cues on tapering from the US Federal Reserve’s July...

Published 19 Aug, 2021 04:15am

Markets

Gold jumps over 1pc

NEW YORK: Gold rose more than 1% on Friday as a retreat in the dollar enticed investors to snap up the bullion...

Published 14 Aug, 2021 03:41am

Markets

Copper climbs

LONDON: Copper prices rose on Friday as the dollar weakened after a sharp drop in US consumer sentiment fed views...

Published 14 Aug, 2021 03:41am

Markets

European stocks set for fourth straight week of gains

The pan-European STOXX 600 index inched up 0.2% to 475.51, hitting a record high for the tenth straight session

Published 13 Aug, 2021 02:17pm

Markets

Gold holds above $1,750 as early Fed taper talk ebbs

Spot gold was steady at $1,750.91 per ounce by 1:46 p.m. EDT. U.S. gold futures settled 0.1pc down at $1,751.80.

Published 12 Aug, 2021 11:07pm

Markets

Gold steadies in Europe

AMSTERDAM/LONDON: Gold steadied on Tuesday, after three sessions of declines, as uncertainties from rising COVID-19...

Published 11 Aug, 2021 04:27am

Markets

Indian shares slip after strong rally; Vodafone Idea slumps 24%

Shares of the telecom operator, down nearly 44% this week, hit their lowest since May 15, 2020 to 4.55 rupees. Its major rival Bharti Airtel Ltd climbed 2.9%

Published 05 Aug, 2021 12:08pm

Markets

Gold set for strongest week in 2 months

NEW YORK: Gold prices held firm near a two-week high on Friday, heading for their biggest weekly gains in more than...

Published 31 Jul, 2021 04:05am

Business & Finance

Canadian dollar set for weekly gain

TORONTO: The Canadian dollar edged up against its US counterpart on Friday, with the currency holding onto this...

Published 31 Jul, 2021 04:05am

Markets

Dollar near one-month low, set for worst weekly showing since

Both the Australian and New Zealand dollars, reliant on world and Chinese economic growth, hovered near two-week highs

Published 30 Jul, 2021 11:55am

Markets

Tokyo stocks close higher on gains in US tech shares

TOKYO: Tokyo stocks closed higher on Thursday as investors took heart from gains in US tech shares after the Fed...

Published 30 Jul, 2021 05:10am

Markets

Pound highest in over a month as dollar dips on dovish Fed

LONDON: The pound hit its highest in over a month against the dollar on Thursday, extending gains driven by a fall ...

Published 30 Jul, 2021 05:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
Dow Jones / May 15	39908
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26
Hang Seng / May 16	19336.77
FTSE 100 / May 16	8411.75
Germany DAX 30 / May 16	18842.52

Item	Value
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

US Federal Reserve

Most Popular