Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 16 February 2022 5:11 am

  Market Drivers – US Session – 15 February

  

  The market mood improved on Tuesday as market players rushed to price in a de-escalation of the Russia-Ukraine tensions after the Russian Minister of Defense announced that some of the troops at the border would return to their bases.Nevertheless, comments from Russian President Vladimir Putin released during the American afternoon …

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• 16 February 2022 4:14 am

  Oil Retreats From Fresh Highs On Russia’s Troop Withdrawal

  

  Oil tumbled over 3% on Tuesday, retreating from a seven-year high after Russia said some of its military units were returning to their bases following exercises near Ukraine, a move that appeared to de-escalate tension between Moscow and the West.It was not clear how many units were being withdrawn, and …

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• 16 February 2022 3:56 am

  Japan Manufacturers’ Mood Sinks In February

  

  As per the latest Reuters Tankan poll, published early Wednesday morning in Asia, “Japanese manufacturers’ business confidence fell to an 11-month low in February as measures to contain the pandemic and high raw material costs hurt sentiment”, while USD/JPY remains sidelined around 115.60, after mildly positive performances in the last …

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• 16 February 2022 3:49 am

  US Dollar index eases as investors digest news on Ukraine’s crisis

  

  The US dollar was down slightly on Tuesday as investors absorbed the latest news on the Russia-Ukraine standoff, with the dollar index briefly paring some of its losses late in the day after President Joe Biden said that a Russian attack on Ukraine remains a possibility.Biden, in nationally televised remarks, …

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• 16 February 2022 3:33 am

  Russia-Ukraine Crisis Could Push Inflation Up To 10%

  

  The cost of living has already become very high in America. The Russia-Ukraine crisis could even make it worse and worse. Oil prices have jumped above $90 a barrel in recent weeks as the risk of a Russian invasion has increased.If the Russia-Ukraine crisis drives oil to about $110 a …

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• 16 February 2022 2:14 am

  Schnabel: ECB Must Considered Prices When Deciding On Tapering

  

  European Central Bank executive board member Isabel Schnabel said on Tuesday, in an interview with the FT, that the bank must consider the “unprecedented” rise in house prices when it comes to assessing inflation and deciding on how fast monetary policy settings should be tightened. The FT framed her comments …

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• 16 February 2022 1:32 am

  Biden Defending Ukraine could cause US economy pain

  

  President Joe Biden on Tuesday acknowledged the likelihood that US and allied sanctions on Russia in retaliation for an invasion of Ukraine would have significant blowback on the American economy, including possible price hikes and disruption to the nation’s energy supply.“The American people understand that defending democracy and liberty is …

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• 16 February 2022 12:28 am

  US Economy Preview: Wholesale Prices Surge Amid Hot Inflation

  

  Producer price index jumps 1% in January. Wholesale prices of most goods and services, including beef, have risen sharply in the past year to drive the biggest increase in inflation in decades. US wholesale prices jumped 1% in January and showed there’s still plenty of inflation engulfing an economy facing …

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• 15 February 2022 11:10 pm

  FOMC Minutes Awaited As Traders Digest Data, Earnings

  

  With major events ahead of the markets, the focus would shift to global markets and earnings for cues. On the macro front, traders are digesting Monday’s IIP data, both CPI Inflation and WPI inflation are also being analyzed along with the latest earnings reports. After the reaction to US’s hot …

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• 15 February 2022 9:41 pm

  Putin Not Satisfied With NATO’s Assurance On Ukraine

  

  Russian President Vladimir Putin said on Tuesday that he is not satisfied with assurances that Ukraine will not become a NATO member in the near future, wants the issue to be settled right now or soon through a negotiating process, reported the Washington Post. Markets have not reacted to the …

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• 15 February 2022 9:30 pm

  Gold Price Index Nose-dives $20 as risk Sentiment Improves

  

  The gold price index plunges $20 during the North American session as Russia-Ukraine crisis eases and investors move from the non-yielding metals towards riskier assets. XAU/USD is trading at $1849.25.As portrayed by European and US equities rise, the market sentiment remains positive, as easter Europe tension abate some after German …

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• 15 February 2022 8:54 pm

  Senator Toomey: Senate shouldn’t proceed with vote on Fed nominee Raskin

  

  Republican Senator Pat Toomey said on Tuesday that the Senate Banking Committee should not proceed with a vote on Fed nominee Sarah Bloom Raskin unless she answers questions on the Reserve Trust.“We’ve asked basic questions and she’s refused to provide answers” he said. Toomey added that if Senate Banking Committee …

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• 15 February 2022 8:44 pm

  US Equities Rebounds As Russia-Ukraine Crisis Eases

  

  US equities are up sharply on Tuesday as investors breathe a sigh of relief amid apparently easing geopolitical tensions.News of Russian troop withdrawals from Ukraine’s border helped distract equities from ugly PPI and NY Fed survey data. The S&P 500 was up about 1.5%, the Nasdaq 100 up nearly 2.0% …

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