Trends - US inflation - Business Recorder

US inflation

Dollar underpinned before US inflation data, Fed speakers

SYDNEY: The dollar edged higher on Monday as markets braced for US inflation data and a throng of Federal Reserve...

Published 11 Nov, 2024 10:08am

Markets

German 10-year yields hit fresh one-month high after Fed minutes, before data

German 10-year yields hit a fresh one-month high on Thursday, tracking moves in US Treasuries after the Federal...

Published 10 Oct, 2024 11:54am

Markets

STOXX 600 closes higher with focus on interest rate cuts

PARIS: European stocks settled higher on Wednesday, bouncing from losses in the previous session as investors...

Published 10 Oct, 2024 03:03am

Business & Finance

Indonesian inflation at 1.84% in September, lowest rate since 2021

JAKARTA: Indonesian prices rose at their slowest rate in almost three years in September as the pace of food-price...

Published 01 Oct, 2024 11:02am

World

US Fed Chair sees ‘further disinflation’ in economy

WASHINGTON: The United States is set to see inflation cool further towards policymakers’ target, Federal Reserve...

Published 01 Oct, 2024 12:23am

World

Fed cuts rates by half a percentage point, cites ‘greater confidence’ about inflation

Fed had held policy rate in the 5.25%-5.50% range since July of 2023 as inflation fell from a 40-year high to a level that is now approaching the central bank's target

Updated 19 Sep, 2024 12:23am

Business & Finance

Asian currencies ebb as bets of big US rate cut ease

BENGALURU: Singapore equities hit a more-than-six-year-high on Thursday, buoyed by rising foreign buying and...

Published 13 Sep, 2024 06:13am

Markets

Dwindling hopes of 50 bps Fed rate cut may push rupee to all-time low

MUMBAI: The Indian rupee is likely to be under slight pressure at the open on Thursday after resilient US inflation...

Published 12 Sep, 2024 09:56am

Business & Finance

US consumer inflation eases more than expected in August

WASHINGTON: US consumer inflation eased more than expected last month, according to government data published...

Published 11 Sep, 2024 05:47pm

Markets

Asian currencies strengthen, stocks slip after US presidential debate

Asian currencies edged higher on Wednesday while most equities slipped, as investors assessed the US presidential...

Published 11 Sep, 2024 10:10am

Markets

Indian rupee to decline after US data suggests larger Fed rate cut unlikely

MUMBAI: The Indian rupee is expected to weaken at open on Monday after US inflation data indicated that the Federal...

Published 02 Sep, 2024 10:27am

Markets

Most Gulf markets ease on regional tensions

DUBAI: Most stock markets in the Gulf closed lower on Wednesday amid geopolitical tensions in the region, while...

Published 29 Aug, 2024 06:53am

Markets

Indian shares set to open flat; HDFC Bank in focus

BENGALURU: Indian shares are set to open subdued on Tuesday, with HDFC Bank likely to edge higher on the prospect of...

Published 13 Aug, 2024 11:34am

Markets

China's yuan eases on weakest guidance in nearly 9 months

SHANGHAI: The yuan slipped against the dollar on Tuesday after the central bank set its weakest fixing in nearly ...

Updated 13 Aug, 2024 11:52am

Markets

Gold subdued as investors focus on US inflation data

Gold prices struggled for momentum on Monday as investors looked forward to a key inflation report that could shed...

Published 12 Aug, 2024 10:14am

World

Trump says US president should have say over monetary policy

PALM BEACH, (United States): Donald Trump on Thursday voiced frustration at the independence of the Federal Reserve...

Published 10 Aug, 2024 06:51am

World

US Fed’s favored inflation measure cools further in June

WASHINGTON: The US Federal Reserve’s favored inflation measure eased further in June, according to government data...

Published 26 Jul, 2024 07:20pm

Business & Finance

Asian currencies: Thai baht edges higher; rupiah, ringgit slip

BENGALURU: Currencies and stocks in Asian emerging markets were in a holding pattern on Wednesday as traders awaited...

Published 25 Jul, 2024 07:08am

Business & Finance

US Fed official suggests apt to cut rates sooner if layoffs rise

WASHINGTON: A senior US central bank official said in remarks prepared for delivery Tuesday that it might be apt to...

Published 17 Jul, 2024 12:15am

Markets

India bond yields flat, traders eye US inflation data for cues

MUMBAI: Indian government bond yields were flat in early session on Thursday, with traders eyeing crucial US...

Published 11 Jul, 2024 11:10am

Markets

Dollar adrift ahead of US inflation test; sterling firms

SINGAPORE: The dollar fell a touch on Thursday although moves were largely subdued ahead of a US inflation report...

Published 11 Jul, 2024 10:59am

Markets

Gold prices steady with spotlight on US inflation print

Gold prices held steady on Wednesday, with investors looking towards key US inflation data that could shed more...

Published 10 Jul, 2024 09:55am

Markets

Japan’s Topix reaches 34-year peak as financials gain

TOKYO: Japan’s Topix stock index climbed to a 34-year high on Friday, as banks gained amid a gradual rise in...

Published 29 Jun, 2024 06:40am

Markets

European shares gain

LONDON: European stock markets were higher on Wednesday as the market braced for a French election and a key US...

Published 27 Jun, 2024 06:52am

Markets

Gold edges higher on softer yields; US inflation data in focus

Gold prices edged up on Monday as Treasury yields fell, while investors awaited key US inflation data and Federal...

Published 24 Jun, 2024 10:46am

Markets

Dollar steady ahead of inflation reading; yen teeters toward 160

SINGAPORE: The dollar was steady on Monday as traders looked ahead to fresh clues on the US inflation path that will...

Published 24 Jun, 2024 09:57am

Business & Finance

Fed’s Williams expects rates to come down as inflation pressures ease

Federal Reserve President John Williams said on Tuesday interest rates will come down gradually over time, but he...

Updated 19 Jun, 2024 08:52am

Markets

Asian stocks struggle after tepid Wall St lead, euro dips further

HONG KONG: Asian markets mostly fell Monday following last week’s losses, with traders trying to assess the Federal...

Published 17 Jun, 2024 10:59am

Markets

Australia, NZ dollars cheer US inflation relief, jobs news

SYDNEY: The Australian and New Zealand dollars were consolidating gains on Thursday after a surprisingly soft...

Published 13 Jun, 2024 10:36am

World

Fed leaves rates unchanged, sees just one cut in 2024 despite inflation progress

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to...

Published 13 Jun, 2024 12:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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