Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The US CB Consumer Confidence Index rose to 110.7 in December, indicating a significant improvement in consumer sentiment. The report also revealed that the Present Situation Index rose to 148.5, and the Consumer Expectations Index advanced to 85.6. The one-year consumer inflation rate expectation edged lower to 5.6%. The US …

US existing home sales unexpectedly rose in November, to seasonally adjusted annual rate of 3.82 million units, ending five consecutive monthly decreases, according to the National Association of Realtors. Further gains could be limited by a chronic shortage of houses on the market. Home resales, accounting for a large portion …

According to the latest data released by the Office for National Statistics (ONS), the United Kingdom’s Consumer Price Index (CPI) recorded a 3.9% year-on-year increase in November. This figure represents a slight deceleration from the 4.6% rise observed in October, and it falls below market expectations of a 4.4% acceleration. …

European shares saw an uptick on Wednesday, driven by anticipations of interest rate cuts following data indicating a slowdown in inflation in both Britain and Germany. Additionally, a surge in commodity prices contributed to gains in resource stocks. The STOXX 600 index recorded a 0.3 percent rise by 0818 GMT, …

Oil prices experienced a notable surge on Wednesday, following a more than one percent increase in the previous session, driven by concerns over global trade disruptions and heightened geopolitical tensions in the Middle East. The catalyst for this upswing was the recent series of Houthi attacks on ships in the …

On Wednesday, the dollar sustained an upward trend against a basket of peer currencies as traders assessed the possibility of the Federal Reserve implementing interest rate cuts. According to the CME Group’s FedWatch tool, investors are indicating a 69 percent probability of a rate cut occurring during the Federal Open …

Japan’s Nikkei closed at its highest level in more than five months on Wednesday, reaching 33,675.94 points, marking the highest closing level since July 3. The index rose by 1.37 percent. The broader Topix index also experienced gains, rising by 0.67 percent to reach 2,349.38 points. Investor caution over the …

Oil, Crude, trading

Oil, Crude, trading

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