Global markets navigate Middle East tensions and inflation concerns while tech stocks surge; Pakistan raises fuel prices and launches housing scheme amid economic pressures

Bank of England holds interest rates at 3.75% but signals potential future hikes if Middle East conflict continues to fuel inflation, reflecting growing economic uncertainty across major economies.

Pakistan government increases petrol prices by Rs6.51 per litre and diesel by Rs19.39 per litre, pushing petrol toward the Rs400 mark and raising inflation concerns amid broad cost pressures.

European Central Bank holds rates steady and warns of growing risks to growth and inflation outlook from Middle East conflict, indicating coordinated caution among central banks.

Pakistan's foreign exchange reserves rise to $15.83 billion following $730 million in SBP holdings from Eurobond proceeds, with total liquid reserves reaching $21.27 billion.

Alphabet adds record $421 billion to market cap as cloud growth and AI momentum propel shares higher, closing in on rival Nvidia amid tech sector strength.

Pakistan PM launches Rs321 billion 'Apna Ghar' housing scheme offering subsidised loans up to Rs10 million at 5% markup to build 500,000 homes, with expedited 15-day approval process.

Pakistan government raises Rs114.35 billion in third hybrid Sukuk auction with strong investor demand exceeding Rs354 billion; one-year Sukuk yields rise to 12% while 10-year paper prices at 11.76%.

Gold posts worst two-month decline in history, though analysts suggest prices could still double over the next five years despite current market weakness.

Mortgage rates increase to 6.3% as 30-year average remains below year-ago levels, showing home buyers remain resilient despite rising borrowing costs.

Pakistan drug testing lab gains WHO prequalification, boosting pharmaceutical export potential and reducing reliance on foreign testing facilities with SIFC coordination support.