CPI Preview: Inflation to fall to around 17% YoY in April

Fitch anticipates mixed bag for banks in 1Q2024 due to policy rate tightening

17:15
April 12, 2024

April 11, 2024 (MLN): Global trading and universal banks (GTUBs) will report mixed performance for 1Q2024, driven by lingering uncertainties about the start and the pace of the policy rate tightening cycle in the US and Europe, says Fitch Ratings in a new report.

Additionally, by contrasting economic growth dynamics in both regions and, for some peers, ongoing or recently completed restructuring.

While Fitch believes that overall market dynamics were conducive to sound trading performance in the first quarter of the year, GTUBs with large and well-diversified investment banking franchises should benefit from revenue tailwind in underwriting and advisory activities during the remainder of 2024.

Copyright Mettis Link News

Posted on: 2024-04-12T16:44:30+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.21000	278.41000	278.41000	278.21000	03:01 PM
2	EUR	1.07165	1.07168	1.07168	1.07165	08:05 AM
3	GBP	1.25372	1.25376	1.25376	1.25372	08:05 AM
4	CHF	0.91294	0.91300	0.91300	0.91294	08:05 AM
5	JPY	157.04800	157.06200	157.06200	157.04800	08:05 AM
6	CAD	1.36920	1.36933	1.36933	1.36920	08:05 AM
7	AUD	0.65231	0.65234	0.65234	0.65231	08:05 AM
8	INR	83.42830	83.42880	83.42880	83.42830	08:05 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	05:05 PM
10	AED	3.67230	3.67330	3.67330	3.67230	05:03 PM
11	HKD	7.82020	7.82030	7.82030	7.82020	08:05 AM
12	CNH	7.25058	7.25072	7.25072	7.25058	08:05 AM
13	CNY	7.23180	7.23260	7.23260	7.23180	08:41 PM
14	THB	37.06700	37.09600	37.09600	37.06700	08:05 AM
15	MYR	4.77000	4.77500	4.77500	4.77000	05:54 AM
16	IDR	16,242.80000	16,245.40000	16,245.40000	16,242.80000	08:05 AM
17	SGD	1.36156	1.36165	1.36165	1.36156	08:05 AM
18	NZD	0.59409	0.59420	0.59420	0.59409	08:05 AM
19	MXN	16.97670	16.98170	16.98173	16.97673	08:05 AM
20	TRY	32.37430	32.38430	32.38430	32.37430	08:05 AM
21	SEK	10.96680	10.96820	10.96817	10.96677	08:05 AM
22	ZAR	18.72890	18.74130	18.74130	18.72890	08:05 AM
23	NOK	11.02620	11.02890	11.02886	11.02625	08:05 AM
24	DKK	6.95977	6.96027	6.96027	6.95977	08:05 AM
25	ARS	876.75000	876.75800	876.75832	876.74992	08:05 AM
26	BDT	108.11500	111.47200	111.47168	108.11466	07:19 AM
27	BHD	0.37701	0.37710	0.37710	0.37701	05:05 PM
28	BRL	5.12730	5.13030	5.13030	5.12730	08:05 AM
29	KRW	1,380.33000	1,380.73000	1,380.73000	1,380.33000	08:05 AM
30	KWD	0.30800	0.30810	0.30810	0.30800	05:05 PM
31	LKR	293.37500	299.90300	299.90302	293.37548	07:19 AM
32	OMR	0.38497	0.38504	0.38504	0.38497	05:05 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	05:04 PM
34	RUB	93.42000	93.44000	93.44000	93.42000	08:00 PM
35	AFN	71.57910	73.44410	73.44411	71.57910	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:42 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	08:00 PM
39	UZS	12,592.60000	12,657.80000	12,657.82652	12,592.55115	07:19 AM
40	PHP	57.67200	57.70400	57.70400	57.67200	08:05 AM
42	NGN	1,376.47000	1,377.47000	1,377.47000	1,376.47000	07:31 AM
43	KES	134.00000	136.00000	136.00000	134.00000	06:48 AM
44	AMD	360.04700	415.99800	415.99836	360.04700	07:19 AM
45	TWD	32.57730	32.60730	32.60730	32.57730	08:05 AM
46	XAU	2,311.42000	2,311.66000	2,311.66000	2,311.42000	08:04 AM
47	XAG	26.53820	26.54640	26.54640	26.53820	08:04 AM
48	XPT	937.15000	938.65000	938.65000	937.15000	05:05 PM
49	XPD	949.33900	954.66100	954.66060	949.33940	05:05 PM
2,120	VES	36.33500	36.42830	36.42826	36.33504	08:00 PM
2,212	UGX	3,771.98000	3,855.91000	3,855.90929	3,771.98381	07:19 AM
2,213	TZS	2,590.99000	2,591.01000	2,591.01500	2,590.98500	08:03 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,119.66	71,102.546	71,059.63	-592.488	-0.826	232,912,683.0	15,336,124,598.570	30/04/2024 04:12 PM
ALLSHR	47,278.09	46,554.238	46,538.66	-356.311	-0.760	560,299,183.0	25,727,511,058.590	30/04/2024 04:12 PM
KSE30	23,730.85	23,394.660	23,378.10	-147.348	-0.626	106,961,771.0	11,758,106,827.530	30/04/2024 04:12 PM
KMI30	121,454.52	119,444.797	119,318.97	-817.829	-0.680	131,842,091.0	10,993,230,910.190	30/04/2024 04:12 PM
KMIALLSHR	33,864.99	33,272.389	33,250.69	-273.132	-0.814	338,632,747.0	21,233,492,197.410	30/04/2024 04:12 PM
BKTi	17,945.48	17,639.285	17,616.80	-103.073	-0.581	12,615,671.0	1,332,601,506.120	30/04/2024 04:12 PM
OGTi	17,190.77	16,785.146	16,701.89	35.227	0.210	36,944,204.0	4,716,148,597.860	30/04/2024 04:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	61,550.0	65,335.0	61,350.0	-1,900.00
BRENT CRUDE	EB	87.5	87.7	86.8	0.31
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-0.95
ROTTERDAM COAL MONTHLY	ET	102.8	102.8	102.4	1.50
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.9	83.1	82.3	0.27
SUGAR #11 WORLD	SB	19.6	19.8	19.5	-0.17

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