Europe’s main stock index rebounded on Friday after hitting its lowest level in nine months, affected by a rally in late Wall Street yesterday, as investors hunted for shares that fell in prices after heavy selling this week, amid concerns about the repercussions of the Russian invasion of Ukraine. By …
Read More »Asia stocks mixed as tech rebound lifts Japan and Korea; China lags on growth worries
Asian equities delivered a split performance on Tuesday, with Japan and South Korea extending gains …
Markets Await Key Job Reports as Hopes Rise for End to U.S. Government Shutdown
The U.S. dollar started the week without a clear direction as investors grew more optimistic about a…
U.S. Shutdown Deal Nears Finish Line, But Health Care Fight Still Looms
Congress appears to be nearing the end of the longest government shutdown in American history, as Se…
Dow Jones Eyes Recovery as Government Shutdown Hopes Lift Markets
The Dow Jones Industrial Average started the week holding steady near the 47,000 mark, as investors …
Gold Shines as Market Optimism Rises Amid US Dollar Recovery
Gold surged at the start of the week, climbing above $4,090 per ounce, as investors weighed easing e…
Bitcoin Steadies as Optimism Grows Over U.S. Regulatory Shift
Bitcoin held steady above the $105,800 mark, showing daily surge of 1,09%, after weeks of sharp swin…
Fed’s Miran Says Inflation Is Easing, Backs Continued Rate Cuts
Federal Reserve Governor Stephen Miran expressed optimism about the U.S. inflation outlook, stating …
US Dollar Steadies as Senate Moves to Avert Government Shutdown
The US dollar held firm on Monday after the Senate approved a short-term funding bill to keep the go…
Euro Steadies Ahead of Key Sentiment Data
The euro started the week on a calm and steady note, holding on to last week’s gains as traders awai…
U.S. futures surge as Senate advances shutdown deal; tech eyes relief, TSMC steadies AI mood
U.S. stock futures jumped Monday after the Senate cleared a key procedural hurdle toward ending the …
Market Analysis
February, 2022
-
25 February 2022 12:45 pm
UK and France Say Cutting Off Russia From SWIFT Remains on The Table
According to France’s Finance Minister Bruno Le Maire, cutting off Russia from SWIFT remains on the table but as a last resort. Meanwhile, the UK Defence Minister Robert Wallace said, “we’d like to cut Russia off from SWIFT.” “It is difficult as “not every country wants them out,” Wallace added.
Read More » -
25 February 2022 12:08 pm
The US Treasury Announces Unprecedented Sanctions Against Russia
Today, the US Treasury Department imposed expanded economic measures, which target the basic infrastructure of the Russian financial system including all major Russian financial institutions. The measures announced by the US Treasury target nearly 80% of all banking assets in Russia, which will have a profound and long-term impact on …
Read More » -
25 February 2022 11:30 am
Japan’s Nikkei Index Rises Supported by Technology
Japanese stocks halted a five-session losing streak on Friday, boosted by technology heavyweights and after a massive rebound on Wall Street overnight. The Nikkei index rose 1.95 percent to close at 2,6476.50 points, but it fell 2.3 percent this week. The broader Topix index rose 1 percent to 1,876.24 points …
Read More » -
25 February 2022 10:59 am
The European Commission Issues a Statement on The Proposed Sanctions Against Russia
The European Commission issued a statement detailing the proposed sanctions against Russia, which are awaiting approval by European heads of state this evening. These sanctions include depriving Russia of 24 billion euros annually in oil revenues through a European ban on oil exports, financial sanctions targeting 70% of the Russian …
Read More » -
25 February 2022 10:30 am
Precious Metals Give up Gains After Biden Announces Sanctions on Russia
Precious metals gave up gains, gold fell below $1,900 an ounce and palladium fell more than 5% as stocks rebounded after US President Joe Biden unveiled tough new sanctions against Russia on Thursday. And the price of gold in spot transactions fell 0.6 percent to $ 1895.76 an ounce, after …
Read More » -
25 February 2022 3:51 am
Market Drivers – US Session – 24 February
Fears and panic dominate financial markets as Russia launched a military assault on Ukraine. Moscow attacked not only the Donbass region but got near Kyiv during US trading hours. Russia ignores global sanctions and seems determined to take full control of Ukraine, while sanctions tend to avoid Russian energy. A …
Read More » -
25 February 2022 3:22 am
Russia’s next bombardment on Kyiv expected at 01:00 GMT
Russian military forces are expected to begin a large-scale bombardment of the Ukrainian capital city of Kyiv from around 01:00 o’clock (GMT), per a CNN correspondent citing an intelligence report. Markets have not reacted yet to this headline but it certainly will not be positive for global risk appetite if …
Read More » -
25 February 2022 3:09 am
WTI Back Around $93.00 Area As Sanctions Avoid Russian Energy
Oil markets saw the most intra-day volatility since in nearly three months on Thursday, with front-month WTI futures surging over $8.0 to above $100 for the first time since 2014, only to then drop all the way back to $93.00. The initial surge in crude oil prices was triggered as …
Read More » -
25 February 2022 2:43 am
Biden Aims To Cripple Russian Economy With Sanctions
US President Biden outlined a new round of sanctions against Russia on Thursday in response to an invasion of Ukraine that threatens to embroil Europe in a major war.The latest sanctions targeted Russian banks, as well as some of the nation’s wealthiest individuals. Biden depicted the measures as a necessary …
Read More » -
25 February 2022 2:20 am
Bitcoin’s Drop Reveal It’s Not Digital Gold
As geopolitical tensions rise, the cryptocurrency’s price has fallen. Bitcoin has experienced a choppy week amid Russia’s Ukraine invasion. Observers suggest the cryptocurrency might not be the safe haven backers believe it to be.Some digital-asset investors have previously described bitcoin as “digital gold”, referring to the idea that the cryptocurrency …
Read More » -
25 February 2022 2:00 am
Stocks, Energy Markets Whipsaw After Russian Assault
Stocks in Europe were sharply lower, but the S&P 500 rebounded after an early decline. Energy markets swung wildly, and shares in Moscow collapsed. Oil prices and global stock markets swung wildly on Thursday after Russia launched an invasion of Ukraine, raising fears of a wider economic crisis that could …
Read More » -
25 February 2022 12:39 am
Gold Price plunges below $1,900
Gold changed course after hitting a multi-month high of $1,974.40 a troy ounce and plummeted to $1,877.96, now bouncing modestly from the latter up to $1,889.80.Gold began shedding ground heading into the US opening, accelerating its slide afterwards. A recovery in Wall Street put the final nail on gold’s coffin …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations