Trends - U.S. inflation - Business Recorder

U.S. inflation

South African rand slips against dollar after US CPI release

JOHANNESBURG: South Africa’s rand slipped on Wednesday as the dollar soared after data showed U.S. inflation rose in...

Published 10 Apr, 2024 10:40pm

Markets

European shares rebound from one-month low; ECB rate verdict up next

European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with...

Published 10 Apr, 2024 10:14pm

Markets

Copper retreats from highs after strong US inflation data

LONDON: Copper prices reversed into the red on Wednesday and other metals pared gains after stronger than expected...

Published 10 Apr, 2024 10:08pm

Markets

Euro zone yields rise as US inflation dims Fed cut hopes

Euro zone bond yields rose on Wednesday after data showed U.S. inflation was stronger than expected in March,...

Published 10 Apr, 2024 07:53pm

Markets

US dollar hits highest against yen since mid-1990 after inflation data

LONDON: The yen weakened on Wednesday, pushing the dollar to its highest against the Japanese currency since 1990,...

Published 10 Apr, 2024 06:36pm

Markets

Japan rubber futures drop over 1pc as traders take profit

SINGAPORE: Japanese rubber futures dropped more than 1% on Tuesday as traders locked in profit after a recent rally,...

Published 21 Feb, 2024 05:29am

Markets

Oil edges higher on U.S. inventory fall

HOUSTON: Oil prices edged higher on Thursday, buoyed by a bigger-than-expected fall in U.S. inventories, but fears...

Published 29 Jun, 2023 09:03pm

Markets

Oil rises more than 1% on tightening supplies, cooling US inflation

BENGALURU: Oil prices rose by more than a dollar a barrel on Friday as supplies tightened in some parts of the world...

Published 31 Mar, 2023 10:52pm

Business & Finance

Morgan Stanley making 'modest' job cuts; CEO 'wouldn't bet against' Musk

NEW YORK: Morgan Stanley is making modest job cuts across the globe, Chief Executive Officer James Gorman said, as...

Published 01 Dec, 2022 10:22pm

Markets

Wall Street wavers as hot CPI data stokes rate hike jitters

NEW YORK: Wall Street stocks fluctuated on Wednesday as investors digested surprisingly strong U.S. inflation data,...

Published 13 Jul, 2022 11:57pm

Markets

Oil prices fall on fears of aggressive Fed rate hike

Oil prices fell on Thursday despite forecasts for a steeper rise in energy demand, with crude turning negative on...

Published 11 Feb, 2022 12:39am

Markets

Gold's rally halted by retail sales snag

Gold retreated on Tuesday from an over five-month peak as upbeat U.S. retail sales data for October gave a fillip to...

Published 16 Nov, 2021 11:20pm

Business & Finance

Dollar climbs after hot US inflation; euro dips

NEW YORK: The dollar rose to almost 16-month highs against the euro and other currencies on Thursday, after the...

Published 12 Nov, 2021 04:46am

Business & Finance

Turkish lira hits new depths near 10 to the dollar

ISTANBUL: The Turkish lira continued its dive into uncharted territory on Thursday, touching a new low of 9.975 to...

Published 12 Nov, 2021 04:46am

Business & Finance

Sterling hits fresh 2021 low vs dollar, economy loses steam

LONDON: Sterling fell to its lowest level of 2021 against the dollar on Thursday as the British economy appeared to...

Published 12 Nov, 2021 04:46am

Markets

Dollar dips as soft U.S. inflation weighs; Fed in focus next week

NEW YORK: The dollar slipped against major currencies on Wednesday after softer-than-expected U.S. inflation data...

Updated 15 Sep, 2021 11:58pm

Markets

Gold climbs as U.S. inflation miss clouds Fed taper bets

Gold climbed to a one-week high on Tuesday, as the dollar retreated after a slower-than-expected rise in U.S....

Published 15 Sep, 2021 12:11am

Markets

Canadian dollar firms as investors brace for U.S. inflation data

TORONTO: The Canadian dollar edged higher against its U.S. counterpart on Monday as oil prices rose and investors...

Published 14 Sep, 2021 12:59am

Markets

South African rand hovers as markets U.S. inflation signals

South African government bonds were also strengthened slightly, with the yield on the benchmark 2030 instrument dipping 6 basis points to 8.890.

Updated 25 Jun, 2021 12:26am

Markets

Copper prices slip on U.S. inflation jitters

The dollar hovered near a two-month high, still making copper, which is priced in the greenback, less attractive to global buyers.

Published 24 Jun, 2021 11:41pm

Markets

Australian shares up, NZ down

SYDNEY/WELLINGTON: Australian shares rose on Thursday, led by technology and banking stocks, while global markets...

Published 11 Jun, 2021 03:41am

Markets

South Africa's rand rallies after US inflation data

Shares on the Johannesburg Stock Exchange (JSE) slipped a tad from the previous day's closing but largely brushed off concerns of higher inflation in the United States.

Published 10 Jun, 2021 10:45pm

Markets

Gold range-bound as market awaits U.S. inflation cues

Gold is considered a hedge against inflation likely spurred by large stimulus from central banks and governments around the world.

Published 09 Jun, 2021 11:12pm

Markets

South Africa's rand set for monthly gains, commodities lift stocks

The dollar came under pressure more broadly on Monday as traders assessed the impact of a surge in U.S. inflation before monthly jobs data later this week.

Published 31 May, 2021 11:09pm

Markets

European shares at record high on gains in financials, U.S. spending plan

The pan-European STOXX 600 index rose 0.6pc to a record high of 448.98 points and added 1pc this week.

Published 28 May, 2021 11:43pm

Markets

Gold flirts with $1,900 again after U.S. inflation ticks up

U.S. consumer prices accelerated in the year to April, with a measure of underlying inflation blowing past the Federal Reserve's 2pc target.

Published 28 May, 2021 10:21pm

Markets

South Africa's rand firms, shares rise

The main indexes are now hovering near all-time best highs seen earlier in May, with a strong local earnings complimented by dissipating concerns on inflation.

Published 28 May, 2021 10:18pm

Markets

Canadian dollar gains as attention turns to U.S. inflation data

The central bank is likely to cut its bond-buying program again this year, possibly as soon as July, as provinces ease curbs to contain the coronavirus pandemic and inflation pressures build, analysts said.

Published 28 May, 2021 12:33am

Markets

Gold rebounds after strong U.S. inflation data, weaker dollar

The U.S. dollar slipped to three-week lows after the data, making gold more appealing for holders of other currencies, while benchmark 10-year Treasury yields also ticked lower.

Updated 14 Apr, 2021 12:01am

Markets

European shares pause near record highs

The STOXX 600 has also lagged a recovery in its U.S. counterpart due to a slow vaccination rollout and a new wave of coronavirus infections on the continent.

Updated 14 Apr, 2021 12:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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