outlook
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Moody’s downgrades Pakistan’s rating outlook | The Express Tribune
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[ad_1] KARACHI: Moody’s Investors Service has downgraded Pakistan’s credit rating outlook to negative from stable on fears the global commodity prices will remain elevated, which will continue to keep the current account deficit widened and impact the foreign exchange reserves…
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Oil steadies as recession worry offsets demand outlook | The Express Tribune
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[ad_1] HOUSTON: Oil prices were little changed on Monday, as worries over a possible recession offset an outlook for higher fuel demand with the upcoming US summer driving season and Shanghai’s plans to reopen after a two-month coronavirus lockdown. Brent…
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PSX struggles amid gloomy outlook | The Express Tribune
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[ad_1] KARACHI: Bearish sentiment prevailed at the Pakistan Stock Exchange during the outgoing week, as bears continued to push bulls to the sidelines in the absence of market-moving positive cues. The rupee depreciation against the US dollar continued during the…
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Global economic outlook and Pakistan | The Express Tribune
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[ad_1] ISLAMABAD: Having made a sound recovery in 2021 from the Covid-19 induced contraction in 2020, most of the major economies on the globe are heading for an awkward combination of rising prices and falling growth rates. This situation together…
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Oil slumps 5% after IMF slashes outlook | The Express Tribune
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[ad_1] HOUSTON: Oil prices tumbled 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) reduced its economic growth forecasts and warned of higher inflation. Prices fell despite lower output from OPEC+, which produced 1.45…
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Moody’s maintains stable outlook for banks | The Express Tribune
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[ad_1] KARACHI: Moody’s Investor Service has maintained a stable outlook for Pakistan’s banking sector, citing that sustainable growth and increase in financial inclusion are boosting lending opportunities. “We continue to maintain a stable outlook for the banking sector in Pakistan…
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Investors bewildered over short term outlook of equities | The Express Tribune
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[ad_1] NEW YORK: Wall Street stormed back this week after absorbing a long-awaited rate hike from the Federal Reserve, leaving investors to determine whether stocks are set for a sustained rebound or more turbulence. Following a months-long drubbing, the S&P…
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Market watch: Gloomy political outlook pulls stocks down | The Express Tribune
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[ad_1] KARACHI: Bears maintained their stranglehold on the Pakistan Stock Exchange on Friday, as the benchmark KSE-100 index registered a plunge of 777 points mainly owing to a deteriorating macroeconomic outlook. Persistent disturbance on the country’s political scene took its…
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IEA cuts oil demand outlook, fears Russia supply ‘shock’
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[ad_1] A representational image. — AFP/File PARIS: The International Energy Agency (IEA) cut its world oil demand forecast for 2022 on Wednesday, warning that sanctions against Russia over its invasion of Ukraine could spark a global supply “shock”. “Faced with…
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Ukraine conflict muddies markets outlook | The Express Tribune
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[ad_1] NEW YORK: Geopolitical worries are clouding the outlook for US stocks, even as Russia’s invasion of Ukraine moderates expectations for how aggressively the Federal Reserve will tighten monetary policy in coming months. Concerns over the conflict weighed on the…
