Noor Trends News, Technical Analysis, Educational Tools and Recommendations
نور كابيتال | لقاء محمد حشاد على شاشه دبي – 15 مايو 2023 Dubai TV interviewed Mohammed Hashad, Director of Research and Development at Noor Capital and the member of the American Society of Technical Analysts, to comment on the most important developments in the financial markets and their impact …
Read More »Gold defends corrective bounce amid debt ceiling fight
Gold price is struggling to defend the week-start corrective bounce amid mixed sentiment. Anxiety ahead of the top-tier United States data, debt ceiling talks prod XAU/USD buyers. Meanwhile, the US Dollar bears take a breather amid hawkish Federal Reserve talks.Also challenging the XAU/USD’s week-start corrective bounce are the mixed updates …
Read More »Gold is rising as economic risks continue
Gold prices rose on Monday as talks to raise the US debt ceiling stalled and fears of an economic slowdown pushed some traders towards the precious metal, a safe-haven asset. And by 2049 GMT, spot gold rose 0.1 percent to $ 2013.79 an ounce, after falling for three sessions. US …
Read More »Financial Markets’ Weekly Recap, May 08-12
The dollar remained close to a peak of more than a week on Friday after a slew of data released overnight indicated a slowdown in the US economy, as investors bet the Federal Reserve would halt interest rate increases. The dollar index, which measures the performance of the US currency …
Read More »Gold prices retreat modestly but maintains upbeat outlook
Gold prices retreat modestly heading into the weekend due to US dollar strength and rising US yields, but the medium-term outlook remains constructive. The jump in yields coincided with the release of the University of Michigan US Sentiment survey, which showed consumer attitudes sinking to a six-month low of 57.7 …
Read More »Oil prices retreat on stronger dollar, demand fears
On Friday, crude oil prices retreated and were set to end the week lower for the third straight week, as the market balanced supply fears against renewed economic concerns in the United States and China.Brent crude futures fell 59 cents, or 0.8%, to $74.39 a barrel by 12:07 p.m. EDT …
Read More »Gold fell for the third session due to the strength of the dollar and bond yields
Gold prices are set to decline for the third consecutive session on Friday, affected by rising bond yields and the dollar, but the yellow metal remained above the key level of $2,000 amid expectations of a rate cut at the end of the year. And by 1001 GMT, spot gold …
Read More »Gold loses its luster with the strength of dollar and economic concerns curb losses
Gold prices fell on Friday as the dollar rose, but continued economic concerns and a standoff over the US debt ceiling capped losses for the yellow metal. By 0301 GMT, spot gold fell 0.3 percent to $2,010.29 an ounce, down 0.3 percent for the week. US gold futures fell 0.3 …
Read More »Gold rebounds after trading lower on profit taking
Gold prices rose on Thursday, supported by a weaker dollar and economic concerns, as investors sought more clarity on the path of the Federal Reserve’s monetary policy. And by 0131 GMT, gold in instant transactions rose 0.2 percent to $ 2032.58 an ounce. US gold futures also rose 0.2 percent …
Read More »After CPI, WTI holds around the $72.80s, down on the day.
Following a string of news stories that put pressure on crude prices, WTI is consolidating. Risk-off sentiment and business data cause crude to decline by more than 1%.After the United States reported that inflation in April fell for a tenth consecutive month, WTI crude is down on the day by …
Read More »