Anum Qudsia Siddiqui - KASB | KTrade

Stocks Climb on Weaker Dollar and China Data: Inflation the Main Focus

The Japanese Yen is the best-performing currency due to the Bank of Japan fueling speculation of a rate alternation. Additionally, over the past week, the Japanese Yen’s performance has improved due to investors fearing the Japanese Federal Government may intervene again as the Yen declined. The Japanese Yen opened on a bullish market gap during this morning’s Asian session against all currencies. For example, the US Dollar opened on a price gap against the Yen measuring a whopping 0.55%.

In addition to the Yen, the global stock market performed well during this morning’s Asian and Futures session. The positive price action amongst stocks is due to the Dollar weakness and the positive Chinese Inflation. The Chinese Consumer Price Index is a relief for investors due to the high risk of deflation. Deflation is known to significantly damage economic growth and increase the risk of a recession. The CPI rose 0.1% in August, which is higher than -0.3% in July. The global stock market’s reaction has been positive as the CPI data lowers the risk of deflation but continues to show signs the government needs to push on with fiscal stimulus. Fiscal stimulus is again usually deemed as positive for the stock market.

Global Weekly Recap

With Brent Crude hovering below the $90 mark, the US Dollar regained momentum following robust domestic services sector data. Meanwhile, Apple faced stock pressures due to China’s tightening grip on iPhone usage among state employees.

Dive into our weekly newsletter to unravel behind these market movements and more ⬇️

Futures Trading From Pakistan: A Guide to The PMEX

Are you a Pakistani investor with dreams of investing in US Indices such as Nasdaq, S&P500, gold, currency pairs, and more? Well, the good news is that it’s possible, and the way to do it is through the Pakistan Mercantile Exchange (PMEX). In this blog, we’ll take you on a journey through the exciting world of international investment, explaining how you can trade on PMEX and why it’s worth considering.

The Pakistan Mercantile Exchange Limited (PMEX) is Pakistan’s first and only multi-commodity futures exchange. It is regulated by the Securities and Exchange Commission of Pakistan (SECP). PMEX offers a diverse range of futures contracts based on various commodities and financial instruments, including both cash-settled and deliverable futures contracts. Visit our global markets playlist to learn more.

Top Economic Events of This Week | September 4 – September 8 – 2023

Gear up for a whirlwind of economic revelations this week, each brimming with the potential to send ripples across the global financial arena. With Europe’s pulse check via its quarterly GDP figures and a much-anticipated speech by FOMC Member Williams, the path forward for monetary policies on both sides of the Atlantic remains intriguingly uncertain. Combined, these revelations may just sway the pendulum of key decision-makers, influencing strategies and stakeholder sentiments alike.

Dive into our weekly roundup for a deep dive into these pivotal events and their potential implications.

Dollar Dominates: PCE Price Index & NFP Data in Spotlight

Investors are happy that the Core PCE Price Index at 0.2% is lower than the 0.4% 12-month average. The market’s reaction was seen mainly amongst US Dollar currency pairs, Gold and US Indices. The US Dollar Index, which is the value of the Dollar against six currencies, rose in value during the first two sessions but fell after the PCE Price Index. However, investors should note that the currency ended the day higher than the open market. The index remains unchanged this morning, but volatility will likely increase after this afternoon’s NFP data.

The stock market, on the other hand also saw prices increase after the PCE Price Index, however, sold instruments struggled to hold onto gains. The leading three US-based indices rose to new weekly highs. However, the S&P 500 and Dow Jones fell to a lower price in the second half of the session. The NASDAQ also lost momentum in the second half of the US Session but rose by 0.25% by the end. However, NASDAQ investors will now concentrate on the earnings report from Broadcom, released this morning, and this afternoon’s Employment Data.

The Best Performing Sectors in Pakistan for Investing

Greetings savvy investors, and welcome to the only guide you’ll need on which sectors you should consider for investment in Pakistan. Our research team has carefully analyzed Pakistan’s economy to identify the top 4 sectors that will offer the most fruitful investment opportunities in the local stock market. So let’s dive right in!

The wheels of the oil and gas sector are set in motion, gaining momentum from the anticipated settlement of the gas circular debt. An impressive PkR 414 billion is poised to be reclaimed from the colossal PkR 1.27 trillion debt, revitalizing the sector’s fiscal vigor. Moreover, as gas tariffs are expected to rise, they pave the way for debt reduction, but also for greater liquidity in gas companies. If you want to stay updated regarding the updates of the oil and gas and other sectors in Pakistan, follow KTrade Securities on Linkedin.

Top Economic Events | August 28 – September 1 – 2023

This week, investors will closely monitor a series of crucial economic reports set to be released. These, along with other upcoming reports in the following weeks, will play a pivotal role in influencing the Federal Reserve’s decision on monetary policy during their September rate meeting. Are you set? US: August’s Consumer Confidence Index On Tuesday,… Continue reading Top Economic Events | August 28 – September 1 – 2023

Types of Trading Accounts

Today, we’re delving into the world of brokerage accounts in Pakistan and how they can be your trusted companions on your investment journey. With the advent of online trading platforms, the landscape of investing has evolved, offering both beginners and seasoned investors new opportunities and conveniences.

Firstly, we’d like to take a moment to acknowledge learning trading accounts, which require you to simply sign up and trade virtually with real-time market data and performance, so you can practice trading without using your real money. Download the KTrade App to try it out!

Common Mistakes to Avoid When Investing

If you’re new to investing, here are some common mistakes that you should avoid when entering the world of money management. But even if you’re a seasoned investor these tips can help you make smarter decisions and build a successful financial future with KTrade Securities.

One of the biggest mistakes new investors make is diving into investments without proper research. Before you invest your hard-earned money, take the time to understand the companies or assets you’re interested in. Avoid making decisions based on tips or rumors; instead, do your due diligence. Research the financial health, performance history, and future prospects of the investments you’re considering. This knowledge will empower you to make informed choices and reduce the risk of potential losses. KTrade also provides you with weekly stock picks so that when you do choose stocks to trade, you can be sure you are making the right decision.

Evaluating Stocks on the KTrade App

You’ve done everything – downloaded the app, deposited the money, and given all the documents. All that is left is to trade. But how would you know which stocks to buy and when to sell them?

One of the fundamental rules of investing is to buy a stock when it’s undervalued and sell it when it becomes overvalued. But how would you know how to do that? Using both fundamental and technical analysis techniques, we’ll show you how to understand these methods to help you make smarter investment choices using the KTrade Securities app.