Trends - Federal Reserve Chairman Jerome Powell

Federal Reserve Chairman Jerome Powell

Bank rescues ease crisis fears but investors worry it’s not enough

A $30 billion lifeline for First Republic Bank hosed down market fears about an imminent banking collapse on Friday,...

Published 17 Mar, 2023 12:08pm

Business & Finance

Possible Fed could raise rates beyond December forecast: Powell

NEW YORK: Federal Reserve Chairman Jerome Powell said on Wednesday he is not fully sure where the central bank will...

Published 02 Feb, 2023 04:51am

Markets

Indian shares extend record-breaking rally on Powell’s comments

BENGALURU: Indian shares rose to new highs on Thursday, tracking gains in global equities after Federal Reserve...

Published 01 Dec, 2022 11:42am

Markets

Markets sigh with relief after Powell speech, but more turbulence likely ahead

A rally in US stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday,...

Published 01 Dec, 2022 11:20am

Markets

JGB yields fall ahead of Powell’s speech, US data

TOKYO: Japanese government bond (JGB) yields fell on Wednesday as investors awaited Federal Reserve Chairman Jerome...

Published 30 Nov, 2022 11:37am

Business & Finance

S African rand firms in volatile trade, stocks fall

JOHANNESBURG: The South African rand strengthened on Friday, but lost some of its early gains as the dollar regained...

Published 15 Jan, 2022 05:50am

Markets

Yuan rises to 1-week high, recovers all loss earlier this week

The dollar hovered around a two-week low, weighed down by the latest insistence from Federal Reserve chairman Jerome Powell that rate increases are still some way off

Published 29 Jul, 2021 12:30pm

Markets

Gold gains on lower US yields even as dollar holds firm

"Gold has support nearby at $1,720, and if the US dollar strengthens in Asia and Europe, it could test that level, prompting some stop-loss selling," said OANDA senior market analyst Jeffrey Halley.

Published 24 Mar, 2021 12:44pm

Markets

Dollar wobbles after Fed pushes back against rate hike speculation

The kiwi dollar last traded at $0.7247.

Published 18 Mar, 2021 10:58am

Markets

Dollar hits three-month highs as Fed's Powell sticks to script

The franc weakened as far as 0.9297, the lowest since July 23. The yen reached 107.93, its weakest since July 1.

Published 05 Mar, 2021 10:33am

Markets

Rising US yields knock European stocks, miners slump

German airline Lufthansa dropped almost 2% after it posted record losses for 2020 and trimmed its 2021 capacity plans as COVID-19 disruption drags on.

Published 04 Mar, 2021 01:58pm

Markets

Europe less at risk of inflation and rate fears: analysts

However, many analysts are sceptical that Biden's stimulus programme will spark considerable inflation.

Updated 28 Feb, 2021 04:59pm

Business & Finance

US Fed holds first policy meeting of Biden administration

But Aaronson noted that Powell will have to communicate clearly to both Wall Street and small businesses to calm concerns.

Published 24 Jan, 2021 10:39am

Markets

Australia, NZ dollars hit pause awaiting clarity on Fed tapering

Job vacancies, retail sales, home building and house prices have all indicated a brisk recovery is underway, seemingly lessening the need for more monetary stimulus.

Published 14 Jan, 2021 12:06pm

Business & Finance

Some JGB yields rise ahead of Powell speech, US stimulus details

The 10-year JGB yield was flat at 0.025%. The 20-year JGB yield was flat at 0.405%.

Published 14 Jan, 2021 10:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Federal Reserve Chairman Jerome Powell

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