Trends - US inflation - Business Recorder

US inflation

Trump’s economic plans could cause inflation: IMF

WASHINGTON: Donald Trump’s economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief...

Published 18 Jan, 2025 05:45am

Markets

Gold hits one-month high

NEW YORK: Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core US...

Published 17 Jan, 2025 02:56am

Markets

Iron ore higher on lower shipments, softer dollar

BEIJING: Prices of iron ore futures climbed to a four-week high on Thursday, supported by reduced shipments from a...

Published 17 Jan, 2025 02:56am

Markets

Gold firms as dollar, yields slip; US inflation data looms

NEW YORK: Gold prices firmed on Wednesday as the US dollar and Treasury yields retreated, while market participants...

Published 16 Jan, 2025 03:04am

Markets

Corn, soybeans steady near multi-month highs

CANBERRA/PARIS: Chicago corn and soybean futures edged higher on Wednesday to trade near multi-month highs as...

Published 16 Jan, 2025 03:04am

Business & Finance

Dollar rises towards highest in over 2 years, euro up, yen falls

NEW YORK: The dollar rose towards its highest level in more than two years on Tuesday as strong economic data led...

Published 15 Jan, 2025 02:59am

Markets

Wall St Week Ahead: Inflation report could rattle markets after bond yields climb

NEW YORK: US inflation data in the coming week could test the nerves of stock investors and further inflame worries...

Published 13 Jan, 2025 03:06am

Markets

Nikkei tracks Wall Street lower amid US inflation woes

TOKYO: Japan’s Nikkei share average fell on Wednesday, tracking overnight declines in Wall Street after a batch of...

Published 09 Jan, 2025 07:40am

World

Inflation, elections and war dominated 2024

Inflation dropped in most economies around the world in 2024, but voters didn’t care. Angered by the hefty ramp-up...

Published 23 Dec, 2024 08:57am

Markets

Wall Street higher as cooling inflation eases rate-cut fears

NEW YORK: Wall Street’s main indexes jumped in volatile trading on Friday as a cooler-than-expected inflation...

Published 21 Dec, 2024 08:24am

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 may cut rates in last meeting of Biden era

WASHINGTON: The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on...

Published 16 Dec, 2024 06:08am

Business & Finance

US consumer inflation rises to 2.7% in November

WASHINGTON: US consumer inflation ticked up for a second consecutive month in November, according to government data...

Published 11 Dec, 2024 08:41pm

Markets

Aussie drops after RBA softens tone; US dollar steady before CPI

TOKYO: The Australian dollar sank towards a four-month low on Tuesday after the central bank softened its tone on...

Published 10 Dec, 2024 09:50am

World

US inflation still on ‘bumpy’ path to target: Fed official

WASHINGTON: The US remains on track to hit its long-term target of two percent inflation despite a recent “bump” in...

Published 02 Dec, 2024 10:49pm

Business & Finance

Indonesia’s headline inflation eases to 1.55% in Nov

JAKARTA: Indonesia’s annual inflation rate was 1.55% in November, official data showed on Monday, easing from 1.71%...

Published 02 Dec, 2024 11:25am

Business & Finance

Fed’s favoured inflation gauge ticks up in October

WASHINGTON: US inflation — set to be a key issue for incoming president Donald Trump — accelerated slightly last...

Published 28 Nov, 2024 05:45am

Markets

Gold trades in tight range ahead of US inflation data

Gold prices flitted within a narrow range on Wednesday as investors awaited key US inflation data for insights into...

Published 27 Nov, 2024 12:20pm

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.80
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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