How likely is the RBA to raise interest rates?
With the US Federal Reserve (Fed) and the European Central Bank (ECB) probably nearing the end of their tightening cycles, all eyes remain on the Rese
Source: fxstreet.com
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PSX wobbles as IMF agreement news fails to prop-up market
For the past two months, the investors in the Pakistan Stock Exchange (PSX) were hoping that the bandage of a positive IMF agreement news will heal the bleeding stock market. However, despite the news of an agreement between Pakistan and the International Monetary Fund (IMF), the market is not showing the signs of recovery as expected. On Tuesday, the market shed almost 800 points and the benchmark KSE-100 index fell beyond the 45,000 points-limit. At the start of the trading Tuesday, the index was at 45,745 points. As the session progressed, the loss-recovery cycle conti...
Source: samaa.tv