Noor Trends News, Technical Analysis, Educational Tools and Recommendations

April, 2022

• 14 April 2022 3:49 pm

  ECB leaves rates unchanged at -0.50% as expected,

  

  The European Central Bank left its benchmark deposit rate unchanged at -0.50% on Thursday as unanimously expected by analysts. The central bank also reiterated its guidance that net asset purchases (Quantitative Easing or QE) should end in Q3. to be updated

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• 14 April 2022 3:32 pm

  CBRT Leaves Repo Rate Unchanged at 14%

  

  The Central Bank of the Republic of Turkey left its benchmark interest rate, the one-week repo rate, unchanged at 14.00% on Thursday, as market participants had been expecting. The CBRT’s decision to hold interest rates comes despite the headline rate of Consumer Price (CPI) Inflation in Turkey surging above 60% …

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• 14 April 2022 3:02 pm

  Elon Musk offers to buy Twitter for $41.39 billion

  

  A regulatory filing on Thursday said billionaire Elon Musk has offered to buy Twitter for $41.39 billion. Musk’s bid of $54.20 per share represents a 38 percent premium to Twitter’s closing price on April 1, which was the last trading day before the Tesla CEO announced his investment in more …

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• 14 April 2022 2:30 pm

  StanChart slashes Africa and Middle East business to lift profit

  

  Standard Chartered Bank said on Thursday it will scale back its activities in Africa and the Middle East, as it seeks to cut costs and focus on more profitable markets. The bank will fully exit from Angola, Cameroon, Gambia, Jordan, Lebanon, Sierra Leone and Zimbabwe. It will also halt its …

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• 14 April 2022 1:59 pm

  The mixed results limit the gains of European shares before the ECB

  

  European stock prices stabilized on Thursday after the release of mixed business results for several companies, while investors awaited the decisions of the European Central Bank amid risks to economic growth from rising inflation. The pan-European Stoxx 600 index was little changed by 0722 GMT after the strong closing of …

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• 14 April 2022 1:30 pm

  Japan shares close higher for the second day after a push from Wall Street

  

  Japan’s Nikkei rose for a second session on Thursday, boosted by technology and travel stocks, tracking gains made by Wall Street Thursday night. The Nikkei ended the session up 1.22 percent to 27,172 points, to close above the 27,000 points level for the first time since the sixth of April. …

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• 14 April 2022 12:59 pm

  Oil Prices Fall Amid Mixed Signals on Supplies

  

  Oil prices fell on Thursday in limited trading ahead of a public holiday, as traders weighed the impact of a larger-than-expected rise in US oil inventories in the face of global supply shortages. By 0632 GMT, Brent crude futures fell $1.14, or 1.1 percent, to $107.64 a barrel, while the …

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• 14 April 2022 12:30 pm

  ECB Preview: Forecasts From 6 Major Banks, Set to Signal Tighter Policy

  

  The European Central Bank ‘ECB’ will announce its decision on monetary policy on Thursday, April 14, at 11:45 GMT. As we get closer to the release time, here are the expectations of the economists and forecasters of 6 major banks. The European Central Bank is expected to leave key rates …

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• 14 April 2022 3:55 am

  Market Drivers – US Session – 13 April

  

  Inflation, central banks and the Eastern European crisis are still impacting the market’s mood. Economic DataThe US reported that the March Consumer Price Index jumped to 11.2% YoY, both above anticipated while the UK published the March Consumer Price Index, which jumped to a three-decade high of 7% The annual …

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• 14 April 2022 3:35 am

  US Dollar Index Tumbles As US Retail Sales Awaited

  

  The US dollar index (DXY) has witnessed a sheer downside after recording a fresh three-year high at 100.52 on Wednesday. The DXY ended its nine-day winning streak on Wednesday after investors shrugged off the hangover of the higher US Consumer Price Index (CPI). The US Bureau of Labour Statistics reported …

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• 14 April 2022 1:31 am

  Wall Street Ends Higher, Earnings Digested

  

  Wall Street Ends Higher, Breaking a 3-Day Losing Streak Wall Street rallied to end higher on Wednesday, powered by a recovery in interest-sensitive growth stocks as investors digested hot inflation data and a mixed bag of quarterly results. Stocks closed higher on Wall Street as investors reviewed the latest round …

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• 14 April 2022 1:15 am

  ETF Strategies to Manage Rising US Inflation Levels

  

  The world’s largest economy is grappling with rising inflation levels. Per the latest Labour Department report, the Consumer Price Index (CPI) jumped 8.5% year over year in March, reaching the highest level since December 1981. The reading also surpassed the already high Dow Jones estimate of 8.4%. The high inflation …

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• 14 April 2022 12:50 am

  EUR/USD Recovered From Intraday Low

  

  The EUR/USD pair recovered from an intraday low of 1.0810, currently trading at around 1.0825 after flirting with the year low. The dollar benefited from hawkish Federal Reserve speakers and overall keeps advancing in a risk-averse environment. After Russian President Vladimir Putin claimed that talks with Ukraine are at a …

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