Trends - US Federal Reserve - Business Recorder

US Federal Reserve

Fed to hold rates steady at an unsteady moment

WASHINGTON: US Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the...

Published 24 Jan, 2025 09:45pm

Business & Finance

US could cut interest rates 3 or 4 times this year: Fed official

WASHINGTON: The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with...

Published 16 Jan, 2025 09:47pm

Markets

Dollar slips after CPI data

NEW YORK: The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that...

Published 16 Jan, 2025 03:04am

Markets

Most Gulf markets ease on US economic data

DUBAI: Most stock markets in the Gulf were subdued on Thursday as signs of US economic resilience dampened...

Published 10 Jan, 2025 03:51am

Business & Finance

Most Asian currencies fall on US tariff

BENGALURU: Most Asian equities retreated on Thursday, while currencies edged lower, as growing concerns that US...

Published 10 Jan, 2025 03:51am

Business & Finance

Investors riled by bond market selloff

LONDON/ NEW YORK: A sharp selloff in some of the world’s biggest government bond markets and a continued rise in...

Published 09 Jan, 2025 06:19am

Business & Finance

Investors riled by bond market selloff

LONDON: A sharp selloff in some of the world’s biggest government bond markets and a surge in the dollar are...

Published 09 Jan, 2025 06:19am

World

Fed minutes may begin to show the hurdle to further rate cuts

WASHINGTON: Federal Reserve officials have been signaling that further interest rate cuts are on hold for now given...

Published 08 Jan, 2025 07:15pm

World

US tariffs unlikely to have ‘significant’ inflation impact: Fed official

WASHINGTON: The effect of new tariffs under consideration by US President-elect Donald Trump is unlikely to be...

Published 08 Jan, 2025 06:37pm

Business & Finance

US Fed can proceed ‘more cautiously’ with rate cuts: official

WASHINGTON: The US Federal Reserve is in a position to proceed “more cautiously” with rate cuts given stubborn...

Published 06 Jan, 2025 07:36pm

Business & Finance

Fed’s Kugler, Daly say job not done on inflation

Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank’s job on taming inflation is not...

Published 05 Jan, 2025 12:55pm

Business & Finance

Dollar gains broadly

NEW YORK: The dollar rose broadly on Monday, holding near a two-year high, while the Japanese yen edged up from...

Published 31 Dec, 2024 06:32am

Business & Finance

Dollar edges higher

NEW YORK: The dollar edged higher on Tuesday in thin holiday trading as the expected slower path of interest rate...

Published 25 Dec, 2024 06:25am

Markets

Euro zone bond yields edge up to one-month high

LONDON: Euro zone bond yields ticked up to their highest level in around a month on Monday as investors continued to...

Published 23 Dec, 2024 02:21pm

Markets

Gold rises in thin trade on investor short-covering

Spot gold edged higher in thin trade on Monday, as investors covered their short-positions after the US Federal...

Published 23 Dec, 2024 10:39am

Business & Finance

Dollar retreats from two-year high

NEW YORK: The US dollar retreated from a two-year high on Friday, but was heading for its third consecutive week of...

Published 21 Dec, 2024 08:22am

World

Fed’s Daly says this week’s rate cut was ‘close call’

San Francisco Federal Reserve Bank President Mary Daly on Friday said the decision by the U.S. central bank to lower...

Published 20 Dec, 2024 07:03pm

Markets

Oil makes gains on falling US crude inventories

NEW YORK: Oil prices rose slightly on Thursday, supported by falling US crude inventories, though gains were limited...

Published 20 Dec, 2024 02:43am

Markets

Gold rebounds from one-month low after Fed’s hawkish signal

NEW YORK: Gold prices gained on Thursday, rebounding from a one-month low, as the market digested the US Federal...

Published 20 Dec, 2024 02:43am

Business & Finance

Asian currencies tumble on Fed’s hawkish rate outlook

THAILAND: Emerging Asian stocks tumbled to multi-month lows and currencies weakened against a strong dollar on...

Published 20 Dec, 2024 02:43am

Business & Finance

Dollar rally stalls as market digests Fed’s cooler approach to easing

NEW YORK/LONDON/SINGAPORE: The dollar on Thursday edged back from a two-year peak hit the prior session after the...

Published 20 Dec, 2024 02:43am

Markets

Asian currencies, stocks slide as Fed signals slower rate cuts

Emerging Asian stocks tumbled to multi-month lows on Thursday while currencies weakened against a strong dollar, as...

Published 19 Dec, 2024 02:11pm

Markets

Indonesia central bank says rupiah fall due to impact of Fed outlook

JAKARTA: Indonesia’s central bank said the rupiah’s sharp fall to fresh four-months on Thursday was due to the...

Published 19 Dec, 2024 11:51am

Markets

Oil slips on demand concerns after Fed signals slower rate cuts

Oil prices fell on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in...

Updated 19 Dec, 2024 06:03pm

World

US Fed cuts rate by quarter-point in third straight reduction

WASHINGTON: The US Federal Reserve cut interest rates by a quarter point Wednesday and signaled a slower pace of...

Published 19 Dec, 2024 12:13am

Business & Finance

Fed expected to combine interest rate cut with hawkish 2025 outlook

WASHINGTON: The Federal Reserve is expected to lower borrowing costs on Wednesday in what some observers are calling...

Published 18 Dec, 2024 12:36pm

Markets

Wall St falls on caution over Fed decision

NEW YORK: Wall Street’s main indexes fell on Tuesday, as investors turned cautious ahead of the Federal ...

Published 18 Dec, 2024 06:37am

Business & Finance

US Fed begins final 2024 rate meeting with cut expected

WASHINGTON: The US Federal Reserve began its last interest rate meeting of the year on Tuesday, with expectations...

Published 17 Dec, 2024 09:36pm

Markets

Forint steady before Hungarian rate decision, zloty eases

BUDAPEST: The forint was steady on Tuesday ahead of a meeting of the National Bank of Hungary at which it is...

Published 17 Dec, 2024 03:27pm

Markets

China’s yuan hovers around 13-month low as weak data fuels easing bets

HONG KONG: China’s yuan held near a 13-month low against the dollar on Tuesday, as traders anticipated additional...

Published 17 Dec, 2024 09:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 24	278.80
USD PKR Interbank Buying / Jan 24	278.60
USD to Japanese Yen / Jan 24	156
USD to Swiss Franc / Jan 24	0.91
Pound Sterling to USD / Jan 24	1.25
Euro to USD / Jan 24	1.05

Stock	Volume
S&P 500 / Jan 24	6,101.24
India Sensex / Jan 24	76,190.46
Tokyo Nikkei / Jan 24	39,931.98
Nasdaq / Jan 24	19,954.30
Hang Seng / Jan 24	20,066.19
FTSE 100 / Jan 24	8,502.35
Dow Jones / Jan 24	44,424.25
Germany DAX 30 / Jan 24	21,394.93

Item	Value
Crude Oil USD/Barrel / Jan 24	74.66
Karachi Cotton PKR/37.32 KG / Jan 24	18,485
Gold 10 Grams PKR / Jan 24	248,285
Gold Spot USD/Ounce / Jan 24	2,770.58
Cotton US¢/pound / Jan 24	67.61
Petrol/Litre / Jan 26	256.13

Gainers
Losers
Leaders

Stock	Price
Escorts Bank / Jan 24 Escorts Investment Bank Limited(ESBL)	6.79 ▲ 1.00 (17.27%)
Khalid Siraj / Jan 24 Khalid Siraj Textile Mills Limited(KSTM)	9.05 ▲ 0.95 (11.73%)
Agritech Limited / Jan 24 Agritech Limited(AGL)	52.46 ▲ 4.77 (10.00%)
Loads Limited / Jan 24 Loads Limited(LOADS)	18.92 ▲ 1.72 (10.00%)
Sardar Chemical / Jan 24 Sardar Chemical Industries Limited(SARC)	35.75 ▲ 3.25 (10.00%)
Leather Up Ltd. / Jan 24 Leather Up Limited(LEUL)	33.36 ▲ 3.03 (9.99%)
Shezan Inter. / Jan 24 Shezan International Limited(SHEZ)	148.17 ▲ 13.46 (9.99%)
Saritow Spinning / Jan 24 Saritow Spinning Mills Limited(SSML)	11.13 ▲ 1.01 (9.98%)
Ellcot Spinning / Jan 24 Ellcot Spinning Mills Limited(ELSM)	113.60 ▲ 10.30 (9.97%)

Stock	Price
Mandviwala / Jan 24 Mandviwala Mauser Plastic Industries(MWMP)	19.13 ▼ -2.12 (-9.98%)
Gulistan Sp. / Jan 24 Gulistan Spinning Mills Limited(GUSM)	9.84 ▼ -1.09 (-9.97%)
Zahid Jee Textile / Jan 24 Zahidjee Textile Mills Limited(ZAHID)	27.24 ▼ -2.97 (-9.83%)
Crescent Cotton / Jan 24 Crescent Cotton Mills Limited(CCM)	48.50 ▼ -5.02 (-9.38%)
Ashfaq Textile / Jan 24 Ashfaq Textile Mills Limited(ASHT)	14.15 ▼ -1.35 (-8.71%)
Dawood Lawrencepur / Jan 24 Dawood Lawrencepur Limited(DLL)	302.50 ▼ -19.20 (-5.97%)
Elahi Cot. / Jan 24 Elahi Cotton Mills Limited(ELCM)	105 ▼ -6.00 (-5.41%)
Hussain Industries / Jan 24 Husein Industries Limited(HUSI)	28.01 ▼ -1.41 (-4.79%)
The Thal Ind.Corp. / Jan 24 The Thal Industries Corporation Limited(TICL)	295.01 ▼ -13.99 (-4.53%)

Stock	Volume
Cnergyico PK / Jan 24 Cnergyico PK Limited(CNERGY)	143,693,542 ▼ -0.10
WorldCall Telecom / Jan 24 Worldcall Telecom Limited(WTL)	78,194,783 ▼ -0.01
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	57,202,439 ▲ 3.90
Fauji Cement / Jan 24 Fauji Cement Company Limited(FCCL)	47,170,217 ▼ -0.65
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	35,630,848 ▼ -0.46
Citi Pharma Ltd / Jan 24 Citi Pharma Ltd.(CPHL)	32,528,835 ▼ -2.50
The Searle Co. / Jan 24 The Searle Company Limited(SEARL)	26,563,258 ▲ 5.41
Maple Leaf Cement / Jan 24 Maple Leaf Cement Factory Limited(MLCF)	26,433,374 ▼ -0.94
Fauji Foods Ltd / Jan 24 Fauji Foods Limited(FFL)	22,111,604 ▼ -0.06

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