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Daily Economic Reports

Noor Capital | Interview with Mohammed Hashad on CNBC – Sept 23, 2024

In an interview conducted by CNBC Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Euro-Dollar (EUR/USD) The Euro-Dollar pair experienced significant movement. Following the Federal …

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Bitcoin Extends Gains to One-Month High Amid Fed Rate Cut Optimism, Eyes More Economic Cues This Week

Bitcoin continued its upward momentum on Monday, reaching a one-month high as traders reacted positively to the Federal Reserve’s recent interest rate cut. However, trading volumes were subdued due to a market holiday in Japan and the anticipation of more economic signals in the coming days. Bitcoin rose 1.3% to …

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Financial Markets Weekly Recap: Fed’s Pivotal Shift Triggers Risk-On

Weekly Recap

  Fed’s Aggressive Rate Cut Signals a New Era Last week, the Federal Reserve made a significant move by cutting its policy rate by a substantial 0.5%. This marked a significant departure from its previous stance of aggressive rate hikes aimed at curbing inflation. The larger-than-expected cut signals a critical …

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What Signal Does FedEx’s Earnings Miss Convey About US Economy?

The recent earnings report from FedEx has sent shockwaves through the financial markets, raising serious concerns about the health of the broader economy. The company, often considered a bellwether for the US and global economies, has reported weaker-than-expected results, primarily due to a decline in industrial shipments. This article will …

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