امریکی ملازمتوں کے اعداد و شمار نے فیڈ شرح میں اضافے کی توقعات کم کیں، عالمی ایکوئٹیز کو فروغ

Global equities, including Japan's Nikkei, rallied as weaker-than-expected US jobs data on Friday dampened expectations for a Federal Reserve rate hike this month. The Nikkei surged 2.53% to a three-month high, driven by AI-related stocks, following Wall Street's positive close. This reduced likelihood of aggressive Fed tightening could support international gold prices by lowering the opportunity cost of holding the non-yielding asset, while potentially easing pressure on the US Dollar and, consequently, the Pakistani Rupee.

بحوالہ / Source: www.brecorder.com