Trends - Federal Reserve policy

Federal Reserve policy

Fed’s Williams says time has arrived to start rate cuts

The stance of monetary policy can be moved to a more neutral setting over time depending on the evolution of the data, the outlook, and the risks to achieving our objectives, says Federal Reserve Bank of New York President John Williams

Updated 06 Sep, 2024 10:17pm

Markets

Dollar wallows at one-week low as payrolls test looms large

TOKYO: The US dollar sagged near a one-week low versus major peers on Friday with job market indicators sending...

Published 06 Sep, 2024 10:22am

Markets

Currency market subdued ahead of fresh US economic data

TOKYO: The currency market was sedate on Thursday, with the US dollar consolidating against major peers as market...

Published 14 Mar, 2024 10:02am

Markets

Dollar on back foot as traders look to Fed for cut timing clues

TOKYO: The dollar remained on the back foot versus major rivals on Wednesday, as traders braced for the conclusion...

Published 13 Dec, 2023 09:32am

Markets

Yen hands back gains, dollar waits on CPI

SINGAPORE: The yen nursed losses on Tuesday as traders walked back expectations for a Japan rate hike, while the...

Published 12 Dec, 2023 09:41am

Markets

Dollar hangs near 5-week high as inflation data looms; yen slips

TOKYO: The dollar hovered near a five-week high against major peers on Monday on rising bets for prolonged Federal...

Published 13 Feb, 2023 10:04am

Markets

US Fed expected to slow pace of rate hikes as inflation eases

WASHINGTON: US central bankers open the second day of a key policy meeting Wednesday, with mounting anticipation of...

Published 14 Dec, 2022 10:45am

Markets

Most Gulf markets retreat ahead of Fed meeting; Saudi rebounds

DUBAI: Most stock markets in the Gulf ended lower on Tuesday ahead of a reading of US inflation on the eve of a...

Published 14 Dec, 2022 05:57am

Opinion

Bruised Wall St faces gauntlet of worries after market tumble

Battered US stocks are facing a potentially painful stretch in the weeks ahead, as hawkish Federal Reserve policy,...

Published 25 Apr, 2022 05:42am

Business & Finance

Dollar hits two-weak peak as investors await Fed meeting

NEW YORK: The dollar rose to a two-week peak on Tuesday as tensions between Russia and the West over Ukraine drew...

Published 26 Jan, 2022 04:41am

Markets

Yen jumps, euro slumps amid Ukraine tensions, Fed jitters

TOKYO: The safe-haven yen and US dollar rose on Tuesday while the risk-sensitive New Zealand dollar fell with the...

Published 25 Jan, 2022 12:04pm

Markets

Teenage bitcoin throws an interest rate tantrum

Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature...

Updated 25 Jan, 2022 01:27pm

Markets

Gold slips on firm dollar, yields as focus turns to Fed meet

NEW YORK: Gold prices fell on Tuesday, dragged by a stronger dollar and higher U.S. Treasury yields, as investors...

Published 19 Jan, 2022 06:15am

Markets

Wall Street Week Ahead: Some worry US stocks rally more ‘Fear of Missing Out’ than fundamentals

NEW YORK: A record-setting run in US stocks has made some investors wary as concerns grow over the market’s...

Published 15 Nov, 2021 05:32am

Federal Reserve policy statement Sept 22, 2021

Following is the full statement issued by the Federal Open Market Committee on Sept. 22, 2021: The Federal Reserve...

Published 22 Sep, 2021 11:47pm

Markets

Australian shares set to open lower; NZ slightly up

The local share price index futures fell 0.3%, a 115.4-point discount to the underlying S&P/ASX 200 index close

Published 28 Jul, 2021 12:22pm

Markets

Nikkei closes below 28,000 level

TOKYO: Japanese equities rose on Tuesday, tracking overnight gains on Wall Street as investors cheered upbeat...

Published 28 Jul, 2021 04:45am

Markets

Gold prices at 1-1/2-week low on dollar strength as Fed meeting looms

Fed likely to keep flexibility on tapering at meeting – MS.
Dollar firms near one-week peak.
Specs reduce gold bullish positions in week ended June 8- CFTC.

Published 14 Jun, 2021 06:26pm

Markets

Yields lower as traders weigh Biden tax plan prospects

The benchmark 10-year yield was down 2.3 basis points at 1.5331% in morning trading, at low end of the 1.528% to 1.646% range it has held since April 15.
Treasury auctions of 2-year, 5-year and 7-year notes on Monday and Tuesday totaling $183 billion will also show the market's appetite for US debt.

Published 23 Apr, 2021 06:45pm

Markets

Gold prices down in Asia

SINGAPORE: Gold prices edged lower in Asian trade on Tuesday as the dollar strengthened and concerns over the ...

Published 27 Jan, 2021 04:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	156.45
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
India Sensex / Dec 30	78,248.13
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Hang Seng / Dec 30	20,111.38
FTSE 100 / Dec 30	8,121.01
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14

Item	Value
Crude Oil USD/Barrel / Dec 30	71.36
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Gold Spot USD/Ounce / Dec 30	2,604.69
Cotton US¢/pound / Dec 30	68.76
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.63 ▲ 0.63 (15.75%)
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.79 ▲ 0.49 (14.85%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Chakwal Spinning / Dec 31 Chakwal Spinning Mills Limited(CWSM)	64.67 ▲ 5.88 (10.00%)
Liven Pharma / Dec 31 Liven Pharma Limited(LIVEN)	150.54 ▲ 13.69 (10.00%)
Suhail Jute / Dec 31 Suhail Jute Mills Limited(SUHJ)	131.86 ▲ 11.99 (10.00%)
Pak Stock Exchange / Dec 31 Pakistan Stock Exchange Limited(PSX)	27.75 ▲ 2.52 (9.99%)
Pak Gulf Leasing / Dec 31 Pak-Gulf Leasing Company Limited(PGLC)	21.04 ▲ 1.91 (9.98%)

Stock	Price
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.81 ▼ -22.65 (-10.00%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	425.82 ▼ -47.31 (-10.00%)
Blue-Ex Ltd / Dec 31 Blue-Ex Limited (GEM)(GEMBLUEX)	43.35 ▼ -4.81 (-9.99%)
Mehmood Tex / Dec 31 Mehmood Textile Mills Limited(MEHT)	600 ▼ -65.37 (-9.82%)
Olympia Mills / Dec 31 Olympia Mills Limited(OML)	36 ▼ -3.89 (-9.75%)
First Tri-Star Mod. / Dec 31 First Tri-Star Modaraba(FTSM)	13.30 ▼ -1.12 (-7.77%)
JS Investments / Dec 31 JS Investments Limited(JSIL)	22 ▼ -1.71 (-7.21%)
Asia Ins. / Dec 31 Asia Insurance Company Limited(ASIC)	13 ▼ -0.99 (-7.08%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	125,810,220 ▲ 0.50
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▼ -0.01
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▼ -0.05
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.02
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.09
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.32
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	32,532,647 ▲ 0.92
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	30,508,637 ▲ 1.00
Sui South Gas / Dec 31 Sui Southern Gas Company Limited(SSGC)	30,315,237 ▼ -0.72

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Federal Reserve policy

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