Noor Trends News, Technical Analysis, Educational Tools and Recommendations
In an interview conducted by Alarabiya TV, 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 financial markets. Q: Will the Fed cut interest rates in September? And if so, will it be …
Read More »U.S. Stock Futures Edge Higher Ahead of Key CPI Report
U.S. stock index futures traded slightly higher on Thursday as investors awaited the release of the latest consumer price index (CPI), a crucial report that could help define the Federal Reserve’s interest rate decision next week. Futures Snapshot At 05:15 ET (09:15 GMT): Dow Jones Futures: +38 points, or +0.1% …
Read More »Gold Holds Near Record Highs as Traders Await Key U.S. Inflation Data
Gold prices edged lower in Asian trading on Thursday, with investors adopting a cautious stance ahead of pivotal U.S. inflation figures that could define the Federal Reserve’s policy direction. Despite the dip, bullion remained close to record highs as firm bets on a September rate cut and concerns over Fed …
Read More »European Stocks Edge Higher Ahead of ECB Decision and U.S. Inflation Data
European equities traded cautiously higher on Thursday, as investors balanced political and economic risks in the region with anticipation of key central bank decisions and upcoming U.S. inflation data. At 03:05 ET (07:05 GMT), Germany’s DAX rose 0.1%, France’s CAC 40 gained 0.3%, and the U.K.’s FTSE 100 added 0.3%. …
Read More »Oil Prices Steady as Supply Risks Balance Oversupply Concerns
Oil prices steadied in Asian trading on Thursday, holding near recent highs after a volatile week marked by heightened geopolitical tensions in Russia and the Middle East, offset by worries of oversupply following an unexpected rise in U.S. crude inventories. Brent oil futures for November traded at $67.49 per barrel, …
Read More »Why Has BNB Just Hit a Fresh All-Time High?
The BNB token has surged to a new record of $907 after Binance, the world’s largest crypto exchange, announced a landmark partnership with asset manager Franklin Templeton. This collaboration marks a significant step toward bridging the gap between traditional finance and the crypto world.The two giants will work together to …
Read More »Stephen Miran’s Nomination Explained: Can a Presidential Pick Stay Independent at the Fed?
The US Senate Banking Committee just advanced President Trump’s pick for the Federal Reserve, Stephen Miran, despite serious concerns about his political independence. The 13-11 vote moves Miran one step closer to joining the central bank in time for a key interest rate decision, but his unique arrangement with the …
Read More »What’s Really Driving the US Stock Market to Fresh Record Highs?
The stock market closed with mixed results, yet the S&P 500 and Nasdaq Composite both hit new record closing highs. This seemingly contradictory performance highlights a market pulled in two different directions: the broader enthusiasm for artificial intelligence and a significant, fundamental shift in economic data. Despite a drag from …
Read More »Market Drivers – US Session: After PPI Reading, US CPI Takes Center Stage, ECB “On Hold”
US Producer Price Index (PPI) inflation came in below expectations, bolstering bets of interest rate cuts from the Federal Reserve (Fed) next week. The US Dollar (USD) is on the back foot, weakened by mounting market expectations that the Federal Reserve will cut interest rates again next week. This sentiment …
Read More »Bearish EIA Surge Ignored: Can Global Tensions Propel Oil Prices Higher?
The price of West Texas Intermediate (WTI) crude oil is on the rise, extending its winning streak despite recent data that should have sent prices tumbling. The latest US Energy Information Administration (EIA) report showed an unexpected surge in crude stocks, a clear sign that supply is outpacing demand. Yet, …
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