Bonds may be more than just a safe haven. BondBloxx ETFs’ Tony Kelly, a former Goldman Sachs Asset Management global ETF head, contends it’s where investors can also play offense due to the market backdrop. “It’s definitely getting more nuanced,” the firm’s co-founder told CNBC’s “ETF Edge” this week. “Advisors are being a bit more thoughtful…
The State Bank of Pakistan’s Monetary Policy Committee (MPC) on Monday kept the policy rate unchanged at 11%, extending a pause in monetary easing for a fourth consecutive meeting. The central bank had earlier reduced the policy rate by 1 percentage point to 11% on May 5, 2025. Outlook improves but risks linger The MPC…
Index sheds 1,286 points as investors adopt cautious stance before roll-over week KARACHI: The Pakistan Stock Exchange (PSX) came under renewed selling pressure on Friday, extending its corrective streak as investors braced for next week’s key monetary policy announcement and futures roll-over. The benchmark KSE-100 Index slumped by 1,286 points, or 0.78%, to close the…
