Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2025

• 17 January 2025 4:40 pm

  Dollar Faces Weekly Decline Ahead of Trump’s Inauguration Amid Rate Speculation

  

  The U.S. dollar steadied on Friday but was set to break its six-week winning streak as investors reassessed the Federal Reserve’s monetary policy path and looked ahead to the inauguration of President-elect Donald Trump next week. Dollar Dips on Fed Rate Cut Expectations The dollar index, which measures the greenback …

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• 17 January 2025 3:16 pm

  U.S. Stock Futures Edge Higher as Earnings Season Gains Momentum

  

  U.S. stock index futures advanced on Friday, pointing to a positive end to the week as investors digested the ongoing earnings season and assessed the outlook for interest rates and trade policies. At 05:50 ET (10:50 GMT), Dow Jones Futures climbed 125 points, or 0.3%, while S&P 500 Futures gained …

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• 17 January 2025 1:50 pm

  China’s Q4 GDP Exceeds Expectations Amid Aggressive Stimulus Measures

  

  China’s economy delivered stronger-than-expected growth in the fourth quarter of 2024, as a series of robust stimulus measures from Beijing began to yield results. Gross domestic product (GDP) expanded by 5.4% year-on-year in the three months ending December, surpassing market expectations of 5% and sharply accelerating from 4.6% growth in …

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• 17 January 2025 1:06 pm

  European Shares Extend Gains Amid Easing Bond Yields, Led by Construction and Utilities

  

  European shares advanced on Friday, bolstered by broad-based gains across sectors as government bond yields continued to decline. The pan-European STOXX 600 rose 0.4% by 0815 GMT, positioning the index for a fourth consecutive weekly gain, with a weekly jump exceeding 1.5%. Key Sector Performances The construction and materials sector …

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• 17 January 2025 11:55 am

  Gold Steadies Near One-Month High Amid Rate Uncertainty and Trump Policies

  

  Gold prices hovered near a one-month high during Asian trading hours on Friday, driven by investor uncertainty over U.S. interest rate policy and the incoming administration of President Donald Trump. Meanwhile, industrial metals like copper gained ground, buoyed by robust economic data from China. Gold Gains on Dollar Weakness and …

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• 17 January 2025 10:51 am

  Trump Set to Make Cryptocurrency a National Priority

  

  President-elect Donald Trump is reportedly preparing to issue an executive order that would elevate cryptocurrency to a national policy priority, signaling a significant shift in the U.S. government’s approach to digital assets. According to Bloomberg, the move, expected as early as Monday, could grant the cryptocurrency industry greater influence over …

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• 17 January 2025 2:01 am

  Oil Prices Dragged Almost 3% Lower By US Draw, Red Sea Calm, Sanctions

  

  Oil prices experienced a slight decline, driven by a convergence of factors. A potential ceasefire agreement in the Red Sea, aimed at halting Houthi attacks on shipping, has eased maritime security concerns and reduced geopolitical risk premiums. This development, coupled with a recent agreement between Israel and Hamas to end …

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• 17 January 2025 12:54 am

  Canadian Dollar Stumbles as Data Doldrums Persist

  

  The Canadian Dollar weakened against the US Dollar on Thursday, extending its recent consolidation phase. A lack of significant economic data releases from Canada left the Loonie vulnerable to market shifts.USD/CAD traded near multi-year highs, hovering around the 1.4400 level. While US Retail Sales and Initial Jobless Claims showed some …

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• 16 January 2025 11:41 pm

  Gold Surpasses $2,710 on Declining Dollar, Falling Yields

  

  Gold prices surged above the $2,700 mark on Thursday and is trading even above this level, at $2,714 at the timee of writing. This bold price action is certainly fueled by a weaker US Dollar and declining US Treasury yields. This rally comes amidst mixed economic data from the United …

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• 16 January 2025 10:39 pm

  Euro Soars as Dollar Dives on Fed Hints and Economic Data

  

  The Euro has capitalized on the US Dollar’s decline, which fell below the 109.00 mark on the US Dollar Index, a measure of the greenback’s performance against a basket of six major currencies. This occurred despite the outcome of the European Central Bank’s December meeting.The Euro/Dollar pair rose to 1.0301, …

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• 16 January 2025 9:24 pm

  The Inferno of Inflation: How Wildfires Could Fuel US Economic Woes

  

  Could Los Angeles fires impact the US economy or push inflation higher? The recent devastating wildfires in Los Angeles have ignited concerns beyond the immediate human and environmental toll. Economists warn that these infernos will not only scorch the land but also fan the flames of inflation, further complicating the …

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• 16 January 2025 8:21 pm

  Wall Street Banks Ride Dealmaking Wave: Morgan Stanley Leads the Charge

  

  Wall Street Banks: A Tide of Profits Lifted All BoatsThe fourth quarter of 2024 witnessed a surge in profitability for major Wall Street banks, driven by a confluence of favorable factors. Morgan Stanley, the bellwether of the industry, led the charge with a more than doubling of profits, fueled by …

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• 16 January 2025 7:17 pm

  U.S. Retail Sales End 2024 on a High Note, Labour Market Still Robust

  

  U.S. retail sales demonstrated continued strength in December, driven by robust consumer demand for motor vehicles and a broad range of other goods. This positive data, coupled with a strong labor market, reinforces the Federal Reserve’s cautious approach to interest rate cuts.The Commerce Department reported a 0.4% increase in retail …

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