Noor Trends News, Technical Analysis, Educational Tools and Recommendations

March, 2022

• 14 March 2022 10:29 pm

  USD/CAD Trims Losses, Approaches 1.2800

  

  The US dollar’s rebound from 1.2690 extends to levels near 1.2800 while the Canadian dollar loses ground as oil prices drop. Longer-term, the USD/CAD is expected to remain neutral to negative.The US dollar has bounced up against its Canadian counterpart on Monday to pare losses after the 1.3% reversal seen …

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• 14 March 2022 10:10 pm

  Washington: China Open To Provide Russians With Military Support

  

  Russia made a request to China for military assistance at some point after the start of the now three-week invasion of Ukraine.The US has told allies that China signaled its willingness to provide military assistance to Russia, according to officials familiar with American diplomatic cables on the exchange.The cables, which …

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• 14 March 2022 9:10 pm

  Green Energy Wins Amid Russian Fuel Ban

  

  Investors added over $886 million to some of the biggest exchange-traded funds that invest in clean energy last week as the U.S. and Europe took steps to cut dependence on Russian fossil fuels.Shifting to green energy is fundamental to the European Union’s climate plans, and Russia’s invasion of Ukraine compelled …

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• 14 March 2022 8:29 pm

  EUR/USD Rebounds, Approaches 1.1000

  

  The EUR/USD pair has found support above 1.0930 and climbed back toward the daily high it hit on European hours at 1.0989, boosted by a stronger euro and a mixed US dollar.The key driver of price action continues to be the war in Ukraine. Volatility remains higher, even among currencies. …

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• 14 March 2022 8:10 pm

  Gold Consolidating Losses Around USD 1,950

  

  Market players are focused on the latest on the Russia-Ukraine crisis. The US Federal Reserve is set to raise rates next Wednesday, but for how much.The Gold Index XAU/USD is trading at the lower end of its latest range and is poised to extend its slump. US traders hold on …

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• 14 March 2022 7:48 pm

  S&P 500 Advances 0.9% On Early Trading Amid Milder Risk-on

  

  Wall Street advances on Monday amid an improved market sentiment. Hopes of progress in the Ukraine-Russia talks have lifted appetite for risk. Banks are leading gains as major central banks hint to higher rates.US markets have opened the week on a moderately positive tone, following the trend observed in Europe. …

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• 14 March 2022 6:37 pm

  Market Drivers – European Session 14-3-2022

  

  Ukrainian President Volodymyr Zelenskyy will address the US Congress at 1300 GMT on Wednesday, March 16, US Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi announced in a joint statement on Monday. A Ukrainian negotiator said on Monday that official talks with Russia had been paused until Tuesday, as …

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• 14 March 2022 5:23 pm

  Palladium Falls More Than 10% as Fears of Shortage of Supplies Ease, And Gold Falls 1%

  

  Palladium fell more than ten percent on Monday, snapping most of the gains that had led to record levels during the Ukraine crisis, as supply concerns eased. Gold also fell more than one percent on cautious hopes for progress in peace talks. And palladium, of which Russia is the largest …

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• 14 March 2022 4:32 pm

  Analysts: Russia is gradually resuming wheat exports from its ports on the Black Sea

  

  Analysts said on Monday that Russia has gradually begun to resume wheat exports from its Black Sea ports, although shipping traffic in the Sea of ​​Azov is still restricted. Russia began invading Ukraine on February 24 in what it describes as a “special military operation”. The price of Russian wheat …

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• 14 March 2022 3:14 pm

  Deutsche Bank Changes Its Decision And Ends Its Business in Russia

  

  Deutsche Bank said on Friday it was winding down its operations in Russia, a day after its chief financial officer said it was not “practical” to close the unit. The move by Deutsche Bank, Germany’s largest bank by assets, followed the announcements on Thursday that rival investment banks Goldman Sachs …

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• 14 March 2022 2:20 pm

  European Stocks Continue Their Gains

  

  European shares rose on Monday after investors pinned their hopes on Ukrainian-Russian diplomatic efforts to end the weeks-long war, while Volkswagen rose after its operating profit doubled. The pan-European STOXX 600 index rose 1 percent, extending gains made on Friday after Russian President Vladimir Putin signaled a positive turn in …

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• 14 March 2022 1:38 pm

  Oil falls with talks to end the war in Ukraine and before the Fed meeting

  

  Oil prices fell by as much as $4 a barrel on Monday, extending last week’s decline as diplomatic efforts to end the war in Ukraine intensified and markets prepared for a US interest rate hike. Oil prices fell more than 5% on Monday to their lowest levels in nearly two …

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• 14 March 2022 12:58 pm

  Zelensky: Ukraine will insist in talks with Russia

  

  Ukrainian President Volodymyr Zelensky said late Sunday, March 13 that Ukrainian officials negotiating with their Russian counterparts will insist on direct talks between the two countries leaders that would lead to peace. The next round of talks on the war in Ukraine between the two neighbors is scheduled to be …

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