Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 24 February 2022 10:21 am

  Oil Stabilizes, Expectations That The U.S Will Not Target Russian Oil Exports

  

  Oil prices stabilized on Wednesday, below their highest levels since 2014, as US officials indicated that an escalation between Russia and Ukraine is unlikely to lead to sanctions on energy supplies from Russia, one of the world’s largest oil producers. Brent crude remained unchanged, reaching $96.84 a barrel, after hitting …

  Read More »
• 24 February 2022 9:03 am

  Market Drivers – US Session – 23 February

  

  The US session closed with investors expressing very pale optimism about Eastern Europe developments, despite this weak optimism the market’s sentiment deteriorated during US trading hours, resulting in the stronger USD against most of its major rivals.Ukraine declared the State of Emergency starting February 24 and for 30 days amid …

  Read More »
• 24 February 2022 2:58 am

  Ukraine’s Zelenskyy: Putin did not respond to phone request

  

  “Today, Putin did not respond to a request for a phone call,” said Ukraine President Volodymyr Zelenskyy during early Thursday morning in Asia.Ukraine President Zelenskyy warned that Russia’s move could escalate tensions while also saying, “Ukraine is not a threat to Russia.”During late Wednesday, Ukraine Foreign Minister Dmtryo Kuleba also …

  Read More »
• 24 February 2022 2:43 am

  Gold Attempts To Reclaim $1914 Amid Risk-Aversion

  

  On Wednesday, Ukraine called its citizens back from Russia and declared a state of emergency. While, Moscow began evacuating its Kyiv embassy, in the latest ominous signs for Ukrainians who fear an all-out Russian military onslaught, as per Reuters.The lack of positive developments over the Russia-Ukraine tussle has put the …

  Read More »
• 24 February 2022 2:37 am

  Ukraine asks UN Security Council to convene emergency meeting

  

  Ukraine Foreign Minister Dmtryo Kuleba’s remarks, on geopolitical tensions with Russia recently, have added to the risk-off market sentiment as the diplomat conveyed the emergency meeting request to the United Nations (UN) Security Council.Ukraine Foreign Minister Kuleba also said, “The plea by separatist leaders to Russia for military support is …

  Read More »
• 24 February 2022 2:27 am

  Could Russia-Ukraine Crisis Grant Powell A Softer Landing?

  

  Although several Wall Street banks and traders expected the Fed to chart a very aggressive course in normalizing policy due to surging inflation, that outlook has shifted amid the heightened tensions in Europe. Some observers suggest that Fed could adopt a less hawkish stance on the backdrop of the prevalent …

  Read More »
• 24 February 2022 1:59 am

  EUR/USD Sharply Falls As Ukraine – Russia Conflict Escalates

  

  The EUR/USD slides, on Wednesday, as Ukraine – Russian tensions increase and US intelligence community reported that Russia could invade Ukraine within the next 48 hrs. During the day, the EUR/USD reached a daily high at 1.1358, but worsened market mood witnessed ebbs flowing to the greenback. At the time …

  Read More »
• 24 February 2022 1:09 am

  Breaking: S&P 500 index pierces weekly lows

  

  The S&P 500 index has pierced the weekly lows (24 Jan 4,222.62), printing a low of 4,221.51.More details will follow soon.

  Read More »
• 24 February 2022 1:03 am

  Pentagon: Russian Troops In Advanced Readiness Near Ukraine

  

  The US Department of Defense spokesperson Joh Kirby said on Wednesday that Russian forces are in an “advanced” state of readiness near Ukraine. Separately, the White House reiterated on Wednesday that US President Joe Biden does not have any plans to send soldiers to Ukraine to fight.

  Read More »
• 24 February 2022 12:55 am

  Daly Suggests Fed To Move Away From Extraordinary Economic Support

  

  San Francisco Fed chair and FOMC member Mary Daly on Wednesday said that it is now time to move away from the Fed’s extraordinary support for the US economy. Daly has added that interest rates will be moving up this year to a level more consistent with where the economy …

  Read More »
• 24 February 2022 12:42 am

  How Do Fed Policymakers Define Maximum Employment?

  

  Congress instructs the Federal Reserve to aim for maximum employment and price stability. The Fed has defined price stability as inflation averaging 2%, but maximum employment cannot be explained in such a simple manner.In its monetary policy strategy statement, FOMC has pointed out that he maximum level of employment is …

  Read More »
• 24 February 2022 12:13 am

  USD Winner Amid Eastern Europe Crisis

  

  The day started with investors optimistic about Eastern Europe developments, but the market sentiment deteriorated during the US trading session’s hours, resulting in the stronger USD against most of major global counterparts.Ukraine has declared the State of Emergency starting 24 February for 30 days amid reports from US intelligence indicating …

  Read More »
• 24 February 2022 12:00 am

  US Shares Retreat To Fresh Lows Amid Potential War Woes

  

  Concerned About Russia-Ukraine WarUS shares were down for a fourth consecutive session on Wednesday fears about a full-scale Russian invasion of Ukraine continued to rise.The S&P 500 fell back under the 4300 level and hit fresh monthly lows under 4260, with bears eyeing a test of annual lows around 4222. …

  Read More »