The US dollar gained momentum as Treasury yields surged, with the 10-year yield topping 4.7%, amid escalating inflation fears. Oil prices climbed above $100 a barrel following Red Sea attacks, while new US tariffs added to global trade tensions. These factors are intensifying inflationary pressures ahead of crucial Federal Reserve decisions next week. For Pakistan, a stronger dollar and rising global inflation could pressure the rupee and potentially support local gold prices.
بحوالہ / Source: www.brecorder.com