Saturday 23 March 2024

Key Highlights - 12th Week:

SBP held policy rate unchanged at 22% sighting higher inflation.

Revised rates of National Saving Schemes have registered some increase.

Pakistan to discuss Extended Fund Facility with IMF next month.


Pakistan to Tap China for $300 Million Debut Panda Bonds.


Gold at historic highs as Fed remain committed to 3 rate cuts this year.


The Bank of Japan has ended eight years of negative interest rates, representing the country's first interest rate increase in nearly two decades.


Bank of England holds interest rate at 16-year high.


Bitcoin had a rough week. Despite reaching a new all-time high of $73,808 on Thursday, March 14th, it ultimately closed the week lower. Currently 64500.


WTI around $82 and Brent below $87, remaining at elevated level.


Dow Jones just below 40k.


US 10 Year Bond at 4.2%.


DXY at 104.4 increasing over last week.