Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The eurozone economy shrank in Q1 2021, as countries implemented new closures and restrictions amid the third wave of coronavirus infections. GDP in the region fell 0.6% quarter-on-quarter, against expectations of a 0.8% contraction, according to preliminary data released by Eurostat. Germany, Italy and Spain all saw a decline in …

BNP Paribas Bank announced its data for the first quarter of 2021, recording a net income of 1.8 billion euros, equivalent to 2.18 billion dollars, an increase of 11% from the previous quarter, while analysts expected a net profit of 1.2 billion euros during the first quarter 2021, according to …

Barclays Bank announced a net profit for the first quarter of 2021 of 1.7 billion pounds, or 2.37 billion dollars, supported by lower fees for loan impairment. The BoE said these fees fell “dramatically” in the first three months of the year to 55 million pounds – down from 2.1 …

AstraZeneca reported a 100% year-on-year increase in earnings per share for Q1 of 2021, to $1.19. The company achieved strong revenue growth of 15% in Q1 of 2021 to $7.3 billion, excluding a contribution from the pandemic vaccine COVID-19, revenue growth increased by 11% to $7.04 billion.

The Indian Ministry of Health data said that India recorded a record daily increase in infections with the Coronavirus, amounting to 386,452 Friday, April 30, while the number of deaths from the virus jumped 3,498 during the past twenty-four hours. According to Reuters statistics, India has added 7.7 million cases …

Japanese stocks closed lower Friday, April 30, weighed by disappointing expectations for technology companies, while the rise in the frequency of Covid-19 infections in the country affected investor sentiment. The Nikkei index fell by 0.83% to close at 28812.63 points, while the broader Topix index fell 0.57% to 1898.24 points. …

Bitcoin prices fell significantly during the last session’s trading, nullifying the positive outlook, as we expected. we indicated that breaking the 53,800 support level delays the chances of an upside, and will witness a bearish bias that aims to re-test 53,280 to record its lowest level at 52,292, offsetting the …

Negative trading dominated the German DAX index, nullifying the positive outlook, as we expected, in which we relied on the stability of the index price above the pivotal support level 15,200 explaining that breaking the aforementioned level will stop the bullish trend and lead the price to visit 15,160 and …

Mixed trades dominated the movements of the Dow Jones Industrial Average during the previous session within a bearish context to the downside, recording its lowest level at 33,627. On the technical side today, and despite the bearish bias, we find the RSI indicator still defending the upside bias, accompanied by …

Positive trading dominated the moves of the pound sterling against the Japanese yen within the bullish context, as we expected, touching the first official leg of 152.00, approaching a few points difference at the second goal of 152.60, to hit a high of 152.40. Technically, and with a closer look …