Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 17 February 2022 1:46 pm

  Strong Results Support European Shares Amid Ukraine Tensions

  

  European shares rose on Thursday as strong results for a number of companies, including Airbus, Kering, and Commerzbank, boosted risk appetite, dispelling investor fears of renewed tensions surrounding Ukraine. The pan-European Stoxx 600 index rose 0.2 percent, the French CAC rose 0.6 percent, the German DAX rose 0.3 percent, and …

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• 17 February 2022 1:15 pm

  Oil Falls After France And Iran Said Are Close to Nuclear Deal

  

  Oil fell more than 2% in early Asian trading on Thursday after France and Iran said the parties were close to reaching a consensus to save Iran’s 2015 nuclear deal with world powers, countering the impact of continuing concerns about the situation in Ukraine. US West Texas Intermediate crude fell …

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• 17 February 2022 12:24 pm

  Gold Hovers Near 8-Month Peak as Concerns Over Ukraine Return

  

  . Gold prices rose on Thursday towards their highest levels in eight months this week as US Treasury yields fell, while reports of mortar fire in eastern Ukraine prompted investors to choose safe bullion. And gold rose in spot transactions 0.4 percent to $ 1876.41 an ounce, hovering near its …

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• 17 February 2022 11:45 am

  Japan Shares Close Lower Due to Ukraine Crisis

  

  Japanese stocks fell on Thursday after concerns over Ukraine curbed risk appetite, while investors remained concerned about rising interest rates globally to contain widening inflationary pressures. The Nikkei index lost 0.83 percent to close at 27,232.87 points, while the broader Topix index fell 0.79 percent to 1931.24 points. The Nikkei …

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• 17 February 2022 2:28 am

  Market Drivers – US Session – 16 February

  

  What you need to know on Thursday, February 17:The American dollar edged lower on Wednesday, despite the release of upbeat US data and uncertainty related to Russian and Ukrainian border tensions. The US Federal Reserve released the Minutes of the latest FOMC meeting, which indicated that policymakers are willing to …

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• 17 February 2022 2:05 am

  EUR/USD Climbs Following FOMC Minutes

  

  During the North American session, the European currency extended its rally, so far up 0.40% in the week, amid uncertainty in the Russia/Ukraine conflict. At the time of writing, the EUR/USD is trading at 1.1379.The conflict between Russia and Ukraine has kept the market mood continuously swinging since last Friday, …

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• 17 February 2022 1:13 am

  US Stock Indexes Mixed Following FOMC Minutes

  

  US stock indexes have maintained mixed performance on Wall Street in afternoon trading Wednesday following Fed meeting minutes. The Federal Reserve’s latest policy meeting showed policymakers discussing the possibility of a more aggressive pace of interest rate hikes as the central bank moves to fight inflation. The S&P 500 was …

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• 17 February 2022 12:50 am

  WTI Slumps On Closer Us-Iran Nuclear Deal News

  

  The WTI crude oil has been selling off sharply in recent trade on headlines suggesting that a US/Iran nuclear deal is near. A deal that saw US sanctions on Iranian oil exports removed could add well over 1M BPD to global markets. WTI has fallen $2.0 in the last hour …

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• 17 February 2022 12:42 am

  Bitcoin Finds Initial Support at $40K, Pauses Price Jumps

  

  Bitcoin was trading in a tight range between $43,000 and $44,000 over the past 24 hours. Support is nearby, which could limit pullbacks over the short term.Buyers will need to maintain a price floor above $40,000 to sustain the uptrend from $36,000 that occurred on Feb. 3. Intraday charts appear …

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• 17 February 2022 12:29 am

  Iran: Closer Than Ever To An Agreement

  

  Iran’s top nuclear negotiator Ali Bagheri Kani tweeted on Wednesday that, following weeks of intensive talks, the JCPOA participants including the US and Iran are closer than ever to an agreement. However, he added that “nothing is agreed until everything is agreed”. His tweet comes after French officials had said …

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• 16 February 2022 11:53 pm

  State Department: Russian troops taking fighting positions

  

  The US State Department said that more Russian troops, not fewer, are on the Ukraine border and they’re moving concerningly into fighting positions. However, they say there is still room for diplomacy unless they make the decision to go in. The latest Ukrainian intelligence report shows no evidence of Russian …

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• 16 February 2022 11:38 pm

  Fed rate decisions will be made on meeting-by-meeting basis

  

  Federal Reserve officials last month agreed that, with inflation widening its grip on the economy and employment strong, it was time to tighten monetary policy, but also that decisions would depend on a meeting-by-meeting analysis of data, according to minutes of the Jan. 25-26 policy meeting.Participants agreed that the US …

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• 16 February 2022 11:23 pm

  FOMC Minutes: Most Policymakers Suggested Faster Interest Rate Hike

  

  The minutes of the 25-26 January FOMC meeting, released on Wednesday, said that most participants suggested that a faster pace of increases in the target rate for the Federal Funds rate than in the post-2015 period would likely be warranted. Additional Quotes Participants continued to stress that maintaining flexibility to …

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