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US Federal Reserve

Oil edges down as cautious investors await Fed meet, US CPI data

Oil prices traded lower on Tuesday, as investors waited for key US inflation data and the outcome of the Federal...

Published 11 Jun, 2024 10:02am

Markets

Copper recovers from five-week lows

LONDON: Copper bounced from five-month lows on Monday as the focus shifted to demand potential after a sell-off...

Published 11 Jun, 2024 03:17am

Markets

New Zealand shares fall as hopes of early Fed rate cut fade; Australia closed

New Zealand shares fell for a third session on Monday, led by healthcare and energy stocks, after...

Published 10 Jun, 2024 09:59am

Business & Finance

Fed may remain on pause and pare back rate cut expectations

WASHINGTON: The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the...

Published 10 Jun, 2024 06:52am

Markets

Asia shares set for weekly gain on rate-cut rally

SINGAPORE: Asian stocks are set to snap a two-week losing streak on Friday after major central banks kick-started...

Published 07 Jun, 2024 10:25am

Markets

Euro steadies ahead of ECB decision, dollar dips

SINGAPORE: The euro firmed a touch on Thursday ahead of a policy decision from the European Central Bank (ECB) where...

Published 06 Jun, 2024 09:58am

Markets

Currencies tread cautiously after US inflation report, focus on ECB

SINGAPORE: The currency market started the week cautiously, with the dollar slightly lower on Monday after data last...

Published 03 Jun, 2024 10:00am

Markets

S&P 500, Nasdaq drop as investors weigh Fed moves

NEW YORK: The S&P 500 and the Nasdaq gave up early gains on Friday and were set to snap their five-week winning...

Published 01 Jun, 2024 06:59am

Markets

European shares rise after US inflation data keeps Fed rate cut hopes alive

PARIS: European shares rose on Friday after softer US inflation data spurred hopes of interest rates cuts by the...

Published 01 Jun, 2024 06:59am

Business & Finance

Dollar set for first monthly drop after US inflation readout

NEW YORK: The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed US...

Published 01 Jun, 2024 06:59am

World

Fed seen more likely to cut rates in Sept after PCE data

The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S. Commerce Department...

Published 31 May, 2024 07:05pm

Markets

Oil stabilises ahead of US inflation data and OPEC+ meeting

LONDON: Oil prices held steady on Friday as investors awaited U.S. inflation data for clues on the demand outlook...

Updated 31 May, 2024 05:19pm

Markets

Gold eyes biggest weekly drop in nearly eight months

Gold prices hit a two-week low on Friday, set for their biggest weekly loss in nearly eight months, as interest rate...

Published 24 May, 2024 10:00am

Markets

Oil holds steady around three-month lows

LONDON: Oil prices were stable on Friday but poised to show a weekly loss under pressure from lingering concerns...

Updated 24 May, 2024 05:50pm

Markets

Gold prices drift lower on hawkish Fed minutes

Gold prices fell for a third straight session on Thursday after minutes from the most recent Federal Reserve meeting...

Published 23 May, 2024 10:29am

Markets

Dollar hovers near highest in a week after hawkish Fed minutes

TOKYO: The dollar hovered near a one-week high on Thursday following its best day this month against its major peers...

Published 23 May, 2024 09:50am

Markets

Oil slips for third day on likely ‘higher for longer’ US rates

LONDON: Oil prices fell on Wednesday, retreating for a third straight day on expectations that the Federal Reserve...

Updated 22 May, 2024 05:37pm

Markets

Most Gulf markets dip as oil prices tumble

DUBAI: Most stock markets in the Gulf ended lower on Tuesday as oil prices fell on expectations that lingering US...

Published 22 May, 2024 05:54am

Business & Finance

Progress in US inflation fight ‘has likely resumed’: Fed official

WASHINGTON: Progress in the US Federal Reserve’s fight against inflation “likely resumed” last month, a senior bank...

Published 21 May, 2024 06:32pm

Markets

Oil falls 1% as sticky US inflation weighs on demand at the pump

HOUSTON: Oil prices fell more than 1% on Tuesday as lingering U.S. inflation was poised to keep interest rates...

Updated 21 May, 2024 09:30pm

Business & Finance

US inflation fight will take ‘further time’: senior Fed official

WASHINGTON: The US Federal Reserve should keep interest rates at their current elevated levels for longer than...

Published 20 May, 2024 08:28pm

Business & Finance

Fed gets some good news on inflation progress

Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some...

Published 15 May, 2024 08:53pm

Markets

Euro zone bond yields lower before US CPI hurdle

LONDON: Germany’s 10-year bund yield was slightly lower on Wednesday but remained above 2.5% before key US consumer...

Published 15 May, 2024 12:27pm

Business & Finance

US Fed’s Powell expects inflation to fall, though not as confident as before

AMSTERDAM: Federal Reserve Chair Jerome Powell said on Tuesday he expects U.S. inflation to resume declining through...

Published 14 May, 2024 08:48pm

Business & Finance

US Fed vice chair says interest rates should remain on pause

WASHINGTON: The US central bank should keep interest rates at their current “restrictive” levels until it sees real...

Published 13 May, 2024 07:29pm

Markets

Oil slips on prospect of higher-for-longer US rates

NEW YORK: Oil prices fell by nearly $1 a barrel on Friday as comments from US central bank officials indicated...

Published 12 May, 2024 03:09am

Markets

Gold extends gains

BENGALURU: Gold prices climbed on Friday, en route to their best week in five, with zero-yield bullion building on...

Published 12 May, 2024 03:09am

Markets

STOXX 600 closes at record high on earnings, rate cut optimism

PARIS: Europe’s main stock index closed at a record high on Friday, on track for its biggest weekly gain since ...

Published 11 May, 2024 06:22am

Business & Finance

Asian currencies tepid, ringgit flat

BENGALURU: Most Asian currencies were heading for weekly declines on Friday, although largely unchanged, while ...

Published 11 May, 2024 06:22am

Markets

Gold set for weekly gain on US rate-cut hopes

Gold prices ticked up on Friday and were on track for a weekly gain, as recent economic data prompted traders to...

Published 10 May, 2024 10:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 10	278.57
USD PKR Interbank Buying / Jun 10	278.37
USD to Japanese Yen / Jun 10	157.01
USD to Swiss Franc / Jun 10	0.90
Pound Sterling to USD / Jun 10	1.27
Euro to USD / Jun 10	1.08

Stock	Volume
S&P 500 / Jun 10	5360.79
India Sensex / Jun 10	76490.08
Tokyo Nikkei / Jun 10	38038.16
Nasdaq / Jun 10	17193.59
Hang Seng / Jun 10	18366.95
FTSE 100 / Jun 10	8228.48
Dow Jones / Jun 10	38868.04
Germany DAX 30 / Jun 10	18494.89

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	19935
Petrol/Litre / Jun 10	268.36
Crude Oil USD/Barrel / Jun 10	77.74
Gold 10 Grams PKR / Jun 10	205247
Gold Spot USD/Ounce / Jun 10	2327
Diesel/Litre / Jun 10	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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US Federal Reserve

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