Trends - Yuan - Business Recorder

Yuan

Currencies index hits all-time high

MSCI's index of EM stocks extended gains for a second straight session to climb to a 16 day high with tech stocks showing healthy gains.

Published 26 May, 2021 02:13pm

Markets

New Zealand dollar jumps as RBNZ hints at rate hike in 2022

"With the RBNZ set to become one of the first central banks in advanced economies to hike rates, we think that the New Zealand dollar will continue to strengthen."

Published 26 May, 2021 01:03pm

Markets

Dollar wallows at multi-month lows as Fed bangs dovish drum; euro ascendant

China's major state-owned banks were seen buying US dollars at around 6.4 yuan in the Asian afternoon in a move viewed as an effort to cool the rally in the onshore yuan, sources said.

Published 26 May, 2021 01:02pm

Business & Finance

Dollar plumbs Jan lows in Europe

LONDON: The dollar hit 4-1/2 month lows against a basket of peers on Tuesday, as insistence from the US Federal...

Published 26 May, 2021 03:45am

Business & Finance

Early trade in New York: Dollar falls; yuan rally gets noticed

NEW YORK: The dollar hit 4-1/2 month lows against major peers on Tuesday, as markets seemed to accept US Federal...

Published 26 May, 2021 03:45am

Markets

Yuan jumps to 3 year high, investors wary of PBOC pressure

The offshore yuan also followed its onshore counterpart's appreciation in morning trade to test the key 6.4 per dollar level. It jumped to a high of 6.4010 before trading at 6.406 per dollar as of midday.

Published 25 May, 2021 11:16am

Markets

Dollar drifts lower as Fed speakers soothe inflation fears

Ahead on Tuesday is a German business survey, a series of US housing updates and a handful of policymaker speeches in Europe, Britain and the United States, which will all be parsed for a reading on inflation.

Published 25 May, 2021 11:06am

Markets

Yuan edges up as PBOC reiterates no change to FX policy

In the spot market, onshore yuan opened at 6.4380 per dollar and was changing hands at 6.4330 at midday, 15 pips firmer than the previous late session close.

Published 24 May, 2021 11:06am

Markets

Hong Kong stocks end flat

The Hang Seng Index inched up 8.15 points to 28,458.44.

Published 21 May, 2021 02:55pm

Markets

Dollar set for weekly loss as taper fears subside; crypto bounce loses steam

It is near its weakest in three years at 133.02 per euro and is poised for a fifth consecutive weekly loss against the common currency.

Published 21 May, 2021 02:27pm

Markets

Yuan inches higher, market looks to PBOC for hints on further gains

"A CNY fixing setting below 6.4 will be a confirmation," Cheung said.

Published 21 May, 2021 12:14pm

Markets

Dollar driven back to multi-month low by risk appetite bounce

While that sell-off reversed course with the help of bargain hunters, cryptos were last well off their session highs.

Published 21 May, 2021 12:09pm

Markets

Dollar heads for weekly loss as taper fears ebb

Sterling last traded steady at $1.4185.

Published 21 May, 2021 12:06pm

Markets

China shares fall as financials, consumer firms drag; Tencent weighs on HIS

Okg Technology Holdings Ltd, an affiliate of crypto exchange OK Coin, fell 4.26% and Huobi Tech, an affiliate of crypto exchange operator Huobi, lost 1.23% .

Updated 21 May, 2021 11:40am

Markets

Tokyo rubber futures up

TOKYO: Japanese rubber futures recovered early losses to end higher on Thursday as investors looked for bargains, ...

Published 21 May, 2021 05:04am

Markets

Canadian dollar weakens by most in four weeks as commodities slide

Copper fell 3.5%, while oil, one of Canada's main exports, settled 3.3% lower at $63.36 a barrel.

Published 20 May, 2021 11:29am

Markets

Dollar bounces after Fed minutes revives tapering discussion

Cryptocurrencies were volatile after suffering one of their biggest losses on Wednesday in the wake of China's decision to ban financial and payment institutions from providing digital currency services.

Published 20 May, 2021 11:26am

Markets

Tokyo rubber futures slide

TOKYO: Japanese rubber futures slid on Wednesday as weaker global stocks and oil prices reduced risk appetite, and ...

Published 20 May, 2021 04:26am

Markets

Yuan slips as Sino-US tensions weighs on appetite

The Fed could hint at tapering again in the second half, which could then push the dollar index and Treasury yields higher, CIB added.

Published 19 May, 2021 11:54am

Markets

Dollar steadies before Fed minutes, bitcoin stumbles

Elsewhere, the Australian and New Zealand dollars eased slightly as the Antipodeans struggled to break through heavy technical resistance, but sentiment remains positive due to rising commodity prices, some traders said.

Published 19 May, 2021 11:52am

Markets

China's yuan firms as dollar drops on US rate outlook

Analysts and traders also say that relatively tight cash conditions ahead of monthly tax payments due this week continue to provide some support for China's currency.

Published 18 May, 2021 10:46am

Markets

Canadian dollar nears recent 6-year high as oil climbs

Canada's inflation report for April is due on Wednesday, which could offer clues on the Bank of Canada policy outlook.

Published 18 May, 2021 10:44am

Markets

Dollar inches lower as Treasury yields hold firm

And despite higher metal prices, the Australian dollar also edged lower.

Published 18 May, 2021 10:41am

Markets

Dollar drops as yield support fades amid expectations of low US rates

The onshore yuan edged up to 6.4279 per dollar, not far from an almost three-year high reached last week.

Published 18 May, 2021 10:39am

Markets

Yuan largely flat, tighter cash conditions offset disappointing economic data

The volume-weighted average rate of the benchmark overnight repo traded in the interbank market, rose to 2.13% in morning trade, the highest level since April 30.

Published 17 May, 2021 11:14am

Markets

Australia, NZ dollars slip as investors cut risk on virus curbs

"The US economy has problems like labour market slack. High inflation is not a problem," they said.

Published 17 May, 2021 11:11am

Markets

Dollar fights for footing as Fed minutes eyed

The dollar crept up 0.1% against the Chinese yuan to trade at 6.4424 ahead of industrial output and retail sales figures due mid morning on Monday.

Published 17 May, 2021 11:09am

Markets

Dollar gains on Asia's virus worry; cryptocurrencies slide on Musk tweet

Things are travelling in the opposite direction in Asia where some early leaders in taming the pandemic are now dealing with new outbreaks.

Published 17 May, 2021 11:05am

Markets

Tokyo rubber futures up

TOKYO: Japanese rubber futures rose on Wednesday, reversing earlier losses, as they took their cue from the Shanghai...

Published 13 May, 2021 03:10am

Markets

China steel and iron ore strike new highs, analysts warn of risks

BEIJING: Most Chinese ferrous futures contracts, including Shanghai hot rolled coils and Dalian iron ore, ended at...

Published 13 May, 2021 03:10am

Forex
World
Commodity

Currency	Rate
USD to Japanese Yen / Jan 1	109.78
USD to Swiss Franc / Jan 1	0.93
Pound Sterling to USD / Jan 1	1.36

Stock	Volume
S&P 500 / Jan 1	4395.64
India Sensex / Jan 1	58927.33
Tokyo Nikkei / Jan 1	29639.40
Nasdaq / Jan 1	14896.85
Hang Seng / Jan 1	24221.54
FTSE 100 / Jan 1	7083.37
Dow Jones / Jan 1	34258.32
Germany DAX 30 / Jan 1	15506.74

Item	Value
Crude Oil USD/Barrel / Jan 1	71.98
Karachi Cotton PKR/37.32 KG / Jan 1	12880
Gold 10 Grams PKR / Jan 1	94700
Gold Spot USD/Ounce / Jan 1	1767.66

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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