Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 17 February 2022 5:43 pm

  US: Weekly Initial Jobless Claims rise to 248K

  

  There were 248,000 initial claims for unemployment benefits in the US during the week ending February 12, the data published by the US Department of Labor (DOL) revealed on Thursday. This was above the median economist forecast for 219,000 initial claims and was also above last week’s 225,000 reading, which …

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• 17 February 2022 4:44 pm

  CBRT leaves policy rate unchanged at 14%

  

  The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it left its policy (one-week repo) rate unchanged at 14% as expected.

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• 17 February 2022 3:51 pm

  Oil Falls But Caught Between Iran Talks And Ukraine Crisis

  

  Oil prices fell on Thursday as talks to revive a nuclear deal with Iran entered their final stages, but tension between Russia and the West over Ukraine limited losses. Brent crude fell $1.26, or 1.3 percent, to $93.55 a barrel. US West Texas Intermediate crude fell 1.34 dollars, equivalent to …

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• 17 February 2022 3:14 pm

  Dollar Steadies Amid Concerns Over Ukraine News

  

  The dollar stabilized on Thursday and the Japanese yen held on to earlier gains after a Russian news report of mortar fire in eastern Ukraine rocked markets and boosted appetite for safe-haven assets. Russia-backed rebels accused Ukrainian forces of bombing lands they control in violation of agreements aimed at ending …

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• 17 February 2022 2:30 pm

  Gold Rises to 8-Month High as Bond Yields Fall

  

  . Gold prices rose in trading today, Thursday, to their highest level in 8 months, as Treasury yields declined, while reports of mortar fire in eastern Ukraine prompted investors to resort to gold bullion. Spot gold rose 0.4% to $1,876.41 an ounce, approaching a June high of $1,879.48 hit on …

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• 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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