Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2025

• 21 February 2025 7:56 pm

  US Manufacturing Shows Resilience Amid Economic Uncertainties

  

  Recent data reveals a mixed picture of US economic activity. The S&P Global Composite PMI for February dipped to 50.4, signaling a slight weakening in overall private sector activity compared to January’s 52.7. However, within this composite, the Manufacturing PMI bucked the trend, edging up from 51.2 to 51.6, indicating …

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• 21 February 2025 7:07 pm

  GBP/USD Pulls Back After Reaching New Highs

  

  The GBP/USD pair experienced a pullback after reaching a year-to-date high of 1.2678 and testing the 100-day Simple Moving Average (SMA) at 1.2658. The pair subsequently stabilized near 1.2660. This movement occurred despite positive UK retail sales data for January, which showed a 1.7% month-over-month increase, exceeding expectations. US economic …

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• 21 February 2025 4:43 pm

  British Pound Hits Two-Month High as UK Consumer Spending Surges

  

  The British pound strengthened on Friday, reaching a two-month high, after strong UK consumer spending data for January offset concerns over declining employment trends. Key Market Moves GBP/USD rose 0.1% to $1.2675, from $1.266 before the data release. EUR/GBP dipped slightly to 82.81 pence, down from 82.85 pence. Mixed Economic …

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• 21 February 2025 4:41 pm

  Bitcoin Climbs for Third Straight Day but Faces Fed Policy Headwinds

  

  Bitcoin extended its winning streak on Friday, rising for the third consecutive day, as some investors shrugged off concerns over U.S. tariffs. However, uncertainty surrounding the Federal Reserve’s interest rate policy kept gains in check. As of 01:36 ET (6:36 GMT): Bitcoin rose 1.6% to $98,409.2. It was on track …

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• 21 February 2025 2:42 pm

  European Stocks Inch Higher as Traders Weigh Business Activity and Trade Tensions

  

  European markets edged up on Friday, as investors assessed fresh business activity data and ongoing geopolitical risks, including trade tensions and defense spending concerns. As of 04:21 ET (09:21 GMT): STOXX 600 rose 0.3% to 552.56, though it was set for a weekly loss, snapping an eight-week winning streak—the longest …

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• 21 February 2025 12:18 am

  Wall Street Slips as Walmart Warning, Jobless Claims Spark Economic Fears

  

  The Dow Jones Industrial Average plummeted over 1.40% to 43,980 on Thursday as investors grappled with a mix of concerning economic data and Federal Reserve commentary. A disappointing forecast from retail giant Walmart, citing “uncertainties related to consumer behavior and global economic and geopolitical conditions,” sent shockwaves through the market. …

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• 20 February 2025 11:46 pm

  Market Drivers and Update; US Session: PMIs in Focus

  

  The US dollar weakened significantly, reaching a two-month low despite no changes in US tariffs or progress in Russia-Ukraine peace talks. Friday’s key events include:US: The US Dollar Index (DXY) fell to around 106.40 due to lower US yields, a stronger Japanese yen, and increased risk appetite. The focus will …

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• 20 February 2025 10:42 pm

  Looming Impact of Fresh EU Sanctions on Commodities Expected

  

  The European Union’s latest round of sanctions against Russia, the sixteenth since the invasion of Ukraine, focuses on energy and metals, specifically targeting oil exports and aluminum imports. These measures introduce new complexities to already volatile commodity markets, raising questions about their ultimate impact.Energy Market Under PressureThe EU’s move to …

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• 20 February 2025 9:46 pm

  Fort Knox’s US Gold Reserve to be Audited, Administration Says

  

  The US Administration announced plans to audit the nation’s gold reserves stored at Fort Knox in Kentucky. “We’re going to go to Fort Knox, the fabled Fort Knox, to make sure the gold is there,” the Administration stated.This move follows recent calls for an audit, fueled in part by comments …

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• 20 February 2025 9:21 pm

  Fed Official Flags Upside Inflation Risks, Warns of Stagflation Threat

  

  St. Louis Fed President Alberto Musalem expressed concerns Thursday about the potential for persistent inflation and the risk of stagflation, posing a dual challenge to the US economy. He emphasized the need for confidence that inflation is headed back to the Fed’s 2% target before any further policy adjustments are …

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• 20 February 2025 8:28 pm

  Explainer: What the loss of Fed’s independence could mean

  

  Trump as well as other Wall Street forces attempt to limit the Fed’s independence. Though it refrains from attempting to sway interest rate decisions, the White House wants more authority over Fed operations, including financial regulation. On February 12, Fed Chair Jerome H. Powell gave a testimony before the House …

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• 20 February 2025 7:43 pm

  Dollar Wobbles After Jobless Claims Disappoint, China Deal Hints Emerge

  

  The US dollar stumbled on Thursday, giving up Wednesday’s gains and falling below 107.00 on the US Dollar Index (DXY). Hopes of a potential trade agreement with China, however, provided a glimmer of optimism for markets worried about tariffs. The DXY, measuring the dollar against six major currencies, currently sits …

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• 20 February 2025 3:34 pm

  Oil Prices Steady After Recent Gains, U.S. Crude Stockpiles Weigh on Market

  

  Oil prices were little changed on Thursday, as a rise in U.S. crude inventories pressured the market after prices had climbed to a near one-week high in the previous session. As of 09:16 GMT: Brent crude fell 15 cents to $75.89 per barrel. West Texas Intermediate (WTI) crude declined 34 …

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