Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2022

• 24 January 2022 8:31 am

  Weekly Recap 17 – 21 Jan.

  

  US Treasury yields have been the deciding factor in the price action in global financial markets over the past week. The yield on US ten-year bonds fell to 1.792% from last week’s close of 1.761%. The markets have been moved by the US Treasury yields over the past week. The …

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• 22 January 2022 3:56 am

  Market Drivers – US Session – 21-01-2022

  

  The US dollar declined on Friday, along with US Treasury yields, while investors looked ahead to next week’s Federal Reserve meeting for more clarity on the outlook for rate hikes.US Treasury yields fell as stock market declines reflected poor risk appetite, while concerns about potential conflict in Ukraine drove demand …

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• 22 January 2022 2:57 am

  IMF Warns China Over Cost Of COVID Lockdowns

  

  China, the world’s second largest economy, should review its zero-tolerance approach to the pandemic or risk damaging the global recovery, according to the head of International Monetary Fund.Kristalina Georgieva said Beijing should reassess the use of lockdowns to limit the spread of the highly contagious Omicron variant since it became …

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• 22 January 2022 2:02 am

  Baker Hughes: US oil rig count falls for first time in 13 weeks

  

  US energy firms this week cut oil rigs for the first time in 13 weeks after crude prices fell for six weeks in a row from late October-early December. Oil prices, meanwhile, have recovered and traded at their highest since 2014 this week. Energy analysts said it usually takes about …

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• 22 January 2022 1:36 am

  GBP/JPY Slumps Back, Weak UK Data Hit sterling, Lower Yields Help Yen

  

  The GBP/JPY pair fell sharply on Friday and heavy downside in the global equity market and commodity space weighed on more risk-sensitive currencies such as sterling, while a sharp drop in global bond yields on safe-haven demand boosted the rate-sensitive yen.Much worse than expected UK Retail Sales figures for December …

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• 22 January 2022 1:13 am

  US Equities Drop As Investors Startled By Poor Netflix Guidance

  

  US equity markets continued to sell off on Friday, as downbeat earnings from tech giant Netflix weighed on sentiment and its competitors. NFLX shares dropped over 20% on Friday after the company on Thursday issued significantly worse than expected guidance for subscriber growth in Q1 2022. That weighed on other …

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• 22 January 2022 12:50 am

  Why Tesla Stock Dropped Before Earnings

  

  On Wednesday, 26 January, Tesla (NASDAQ:TSLA) will report its Q4 earnings for fiscal year 2021, so the fact that Tesla stock is falling today does not foreshadow particularly well. Tesla stock is trading down 2.5%, about five times worse than the decline on the broader Nasdaq index.Why Tesla stock is …

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• 21 January 2022 11:53 pm

  Can Banks’ Earnings Challenge Interest Rates, Omicron’s Impact?

  

  3 Bank Stocks Win Q4 Earnings Season This bank earnings season has winners and losers, but the winners could not be more different. Of the six big banks that posted Q4 results this month, only three saw their stocks rise on their respective earnings day, this applies on Morgan Stanley …

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• 21 January 2022 10:46 pm

  How Will Stocks Trend After Q4 Earnings?

  

  This week, Wall Street is facing sharp volatility as investors and market participants keep their fingers crossed while awaiting a hawkish FOMC meeting on 25-26 January. However, the fourth-quarter 2021 earnings season is gathering pace with better-than-expected results so far.Earnings results are expected to stay strong this time around. Six …

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• 21 January 2022 8:38 pm

  US leading indicators climb 0.8% despite omicron’s Impact

  

  The US economy has kept growing in the face of the rapid spread of omicron. The US leading index rose a solid 0.8% in December, signaling steady growth even as the record spread of the omicron virus nibbled at the edges of the economy. Economists polled by The Wall Street …

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• 21 January 2022 7:39 pm

  Eurozone Consumer Confidence falls in January

  

  The Eurozone Consumer Confidence has fallen to -8.5 in January flash estimate versus expected decline to -9.0According to the flash estimate of the European Commission’s Eurozone Consumer Confidence survey, the headline index fell to -8.5 in January versus forecasts for a drop to -9.0 from -8.4 the month prior. December’s …

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• 21 January 2022 6:00 pm

  Canada: Retail Sales Rise by 0.7% MoM in November

  

  According to a report released by Statistics Canada on Friday, Canadian Retail Sales rose 0.7% MoM in November, less than the expected 1.2% rise and a sharp acceleration from October’s 1.5% MoM rise (which was revised lower from 1.6%). Statistics Canada’s flash estimate for December showed that Retail Sales most …

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• 21 January 2022 4:56 pm

  A Sharp Decline in European Shares Due to a Global Sell-off

  

  European shares fell sharply on Friday following a global sell-off in stock markets on concerns linked to the pace of central bank tightening and weak economic data. The pan-European Stoxx 600 index fell 1.4 percent in a broad sell-off and is headed for its worst daily performance in nearly two …

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