Global markets remained volatile on Friday as oil prices eased, while bond markets continued to reflect investor anxiety over rising inflation risks linked to the ongoing Middle East conflict. Brent crude fell about 3% to around $105 per barrel, while US crude dropped more than 2% to near $94. The pullback followed efforts by major […]
BONDS
Government secures Rs1.08tr from treasury bills and bond auctions
The government raised more than Rs1 trillion through fresh auctions of treasury bills and long-term Pakistan Investment Bonds (PIBs) on Wednesday, amid strong liquidity in the banking sector and expectations of further monetary easing. According to data released by the State Bank of Pakistan, the government borrowed Rs979.3 billion through T-bills and another Rs108bn via […]
Stocks stabilize as bitcoin and bonds regain footing
Global stocks made small gains on Tuesday, while government bonds and cryptocurrencies steadied after recent volatility. Wall Street and Asian markets recovered slightly following Monday’s sell-off caused by Japan’s looming interest rate hike. Bitcoin inched up after sharp losses, though it remains 30% below its October peak. The Japanese government bond market calmed after a […]
BoE fails to reassure over emergency intervention
London: The Bank of England on Wednesday insisted it would end emergency buying of UK bonds by the weekend but sent markets into further frenzy as economic uncertainty grips Britain. The BoE launched a bond-buying drive in late September aimed at quelling market turmoil triggered by an uncosted budget unveiled by the government of new […]
UK mandates climate disclosure for companies
The UK government on Thursday will detail plans to safeguard the City of London’s future under a post-Brexit agenda that requires companies to disclose their impact on the climate. Finance minister Rishi Sunak will vow to “make this country the world’s most advanced and exciting financial services hub for decades to come”, according to Treasury […]