Trends - US inflation - Business Recorder

US inflation

Oil prices steady

NEW YORK: Oil prices were stable on Monday as the market awaited further clues on the likely path of US interest...

Published 21 May, 2024 03:39am

Markets

Gold hits record peak, silver jumps

BENGALURU; Gold prices hit an all-time high on Monday, as a slowing US inflation trend boosted expectations the...

Published 21 May, 2024 03:39am

Business & Finance

Dollar mostly flat as market mulls inflation outlook

NEW YORK/LONDON: The dollar traded little changed against major currencies on Friday as market speculation continues...

Published 18 May, 2024 05:45am

Markets

Gold prices set for second weekly gain on Fed rate-cut optimism

Gold prices appeared set for a second consecutive weekly gain on Friday, after recent US inflation data fuelled...

Published 17 May, 2024 10:15am

Markets

Gold eases off as dollar regains ground

BENGALURU: Gold prices pulled back after earlier touching a near one-month high on Thursday as the dollar inched up,...

Published 17 May, 2024 05:50am

Business & Finance

Asian currencies: Malaysian ringgit hits 2-month high

BENGALURU: Asian currencies eked out modest gains on Wednesday while stocks were mixed as investors braced for a key...

Published 16 May, 2024 06:28am

Markets

Asian markets mixed as focus turns to US inflation report

HONG KONG: Asian markets wobbled Wednesday ahead of key US inflation data later in the day, with traders struggling...

Published 15 May, 2024 11:14am

Markets

Dollar droops ahead of crucial CPI test; yen under pressure

TOKYO: The dollar traded near a one-month low versus the euro on Wednesday amid lower Treasury yields as traders...

Published 15 May, 2024 09:57am

Markets

Asian FX hit pause as focus turns to US data

BENGALURU: Asian currencies and stocks were little changed on Tuesday under pressure from a steady dollar, as...

Published 15 May, 2024 05:47am

Business & Finance

Asian FX muted on firm dollar

BENGALURU: Asian currencies were largely muted on a firmer dollar and most regional stocks slipped as investors...

Published 10 May, 2024 04:17am

Business & Finance

Indonesia’s inflation rate eases slightly in April

JAKARTA: Indonesia’s annual inflation rate cooled slightly in April as pressure from some food prices eased as the...

Published 02 May, 2024 10:29am

Markets

Oil falls to 7-week low on surprise build in US storage

NEW YORK: Oil prices fell about 3% to a seven-week low on Wednesday on a surprise build in US crude stocks, the...

Published 02 May, 2024 04:58am

Business & Finance

Most Asian currencies muted ahead of Fed decision

BENGALURU: Asian emerging market currencies were subdued on Monday after inflation data in the United States further...

Published 30 Apr, 2024 03:43am

Markets

Yen trips past 160-per-dollar to April 1990 lows

SINGAPORE: The Japanese yen hit its weakest levels since April 1990 on Monday, in trading thinned by a holiday in...

Published 29 Apr, 2024 09:56am

Business & Finance

Fed to meet amid dwindling hopes of summer rate cuts

WASHINGTON: The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as...

Updated 29 Apr, 2024 09:20am

Markets

Oil higher on supply concerns

HOUSTON: Oil prices settled higher on Friday, garnering support from tensions in the Middle East, but a strong ...

Published 28 Apr, 2024 02:56am

Business & Finance

Japan’s yen hits new 34-year low

NEW YORK: The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by US inflation ...

Published 27 Apr, 2024 05:03am

Business & Finance

Yen falls to 1990 lows

TOKYO: The yen weakened on Monday to its weakest levels against the dollar since June 1990, with markets alert to ...

Published 23 Apr, 2024 03:41am

World

Fed’s Williams said outlook uncertain, data will drive rate decisions

NEW YORK: Federal Reserve Bank of New York President John Williams said on Thursday that the U.S. central bank has...

Published 11 Apr, 2024 06:28pm

Markets

Gold slips from record levels after hot US inflation data

Gold prices slipped from record-high levels on Wednesday as the U.S. dollar and Treasury yields firmed after a...

Updated 11 Apr, 2024 10:44am

Markets

India’s blue-chips set to open higher; US inflation in focus

BENGALURU: India’s benchmark share indexes were seen opening higher on Wednesday amid continued expectations of a...

Published 10 Apr, 2024 11:30am

Markets

Light wind in dollar’s sails after bumper US payrolls

SINGAPORE: The dollar was firm but sluggish in Asian trading on Monday as investors looked ahead to US inflation...

Published 08 Apr, 2024 09:41am

Business & Finance

Indonesia March inflation rate at highest in 7 months

JAKARTA: Indonesia’s inflation on a yearly basis accelerated more than expected in March to 3.05%, the quickest...

Published 01 Apr, 2024 10:29am

Markets

Indian shares open higher led by financials, IT

BENGALURU: Indian shares opened higher on Monday, led by high weightage financials and information technology...

Published 01 Apr, 2024 10:15am

Markets

Asian markets quiet in holiday-thinned trade

BENGALURU: Stocks and currencies were muted in Asia on the Good Friday holiday, while investors kept to the ...

Published 01 Apr, 2024 05:34am

Business & Finance

US monthly inflation slows; consumer spending surges

WASHINGTON: US prices increased less than expected in February, with the cost of services outside housing and energy...

Published 30 Mar, 2024 07:30am

Business & Finance

Fed holds key rate, pencils in 3 cuts this year

WASHINGTON: The US Federal Reserve voted Wednesday to hold interest rates at a 23-year high for a fifth consecutive...

Published 21 Mar, 2024 05:22am

Business & Finance

Asian currencies roasted by hot US inflation data

BENGALURU: Most Asian currencies and stocks sold off on Friday, with equities in the Philippines set for their...

Published 16 Mar, 2024 06:26am

Markets

European shares ease from record high

PARIS: European shares lost momentum on Thursday after hitting a series of record highs in the past few sessions, as...

Published 15 Mar, 2024 04:14am

Business & Finance

Asian currencies dip on US inflation data

BENGALURU: Most Asian currencies dipped on Wednesday, after hotter-than-expected inflation data in the United States...

Published 14 Mar, 2024 03:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.50
USD PKR Interbank Buying / May 20	278.30
USD to Japanese Yen / May 21	156.44
USD to Swiss Franc / May 21	0.91
Pound Sterling to USD / May 21	1.27
Euro to USD / May 21	1.09

Stock	Volume
S&P 500 / May 20	5308.13
Nasdaq / May 20	16794.88
FTSE 100 / May 20	8424.20
Dow Jones / May 20	39806.77
Germany DAX 30 / May 20	18768.96
France CAC40 / May 20	8195.97
India Sensex / May 21	73830.29
Tokyo Nikkei / May 21	39037.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 20	214678
Petrol/Litre / May 21	273.10
Crude Oil USD/Barrel / May 21	79.32
Gold Spot USD/Ounce / May 21	2414
Diesel/Litre / May 21	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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