Noor Trends News, Technical Analysis, Educational Tools and Recommendations

December, 2024

• 19 December 2024 3:41 am

  BoE Poised for Cautious Monetary Policy Decision Amid Inflation Concerns

  

  The Bank of England is set to announce its monetary policy decision early on Thursday. Governor Andrew Bailey has signaled that the central bank is likely to keep the main interest rate on hold, emphasizing a gradual approach to monetary easing. Despite this cautious stance, Bailey recently indicated that up …

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• 19 December 2024 2:14 am

  Hawkish Fed Rhetoric Boosts USD/JPY

  

  The Federal Reserve’s decision to cut its benchmark interest rate by 25 basis points to a target range of 4.25% – 4.50% sent shockwaves through the financial markets. While the rate cut was widely anticipated, the Fed’s surprisingly hawkish outlook for the future path of interest rates fueled a rally …

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• 19 December 2024 1:49 am

  What’s New in the Fed’s December Interest Rate Statement?

  

  There have been some notable differences between the interest rate statement released by the Federal Open Market Committee on Wednesday, following the 25 basis point rate cut, and the previous statement. The first key difference is that the latest statement alluded to the timing and scale of future policy moves, …

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• 19 December 2024 1:16 am

  Fed’s Cautious Stance Dampens Stock Market Rally

  

  The Federal Reserve’s decision to implement a 25-basis-point interest rate cut, while anticipated by market participants, has failed to sustain a significant rally in U.S. equity markets. The central bank’s economic projections, which signaled a more gradual pace of future rate reductions, tempered initial optimism and highlighted underlying concerns about …

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• 19 December 2024 12:35 am

  Fed’s Hawkish Tone Weighs on Euro

  

  The Euro weakened significantly against the US Dollar after the Federal Reserve’s interest rate decision and subsequent press conference. While the Fed delivered a 25 basis point rate cut as expected, the central bank’s cautious tone and economic projections dampened market sentiment for the Euro.Key takeaways from the Fed’s decision:Rate …

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• 19 December 2024 12:04 am

  Powell Speech: Stronger Growth, Lower Unemployment Driving Slower Rate-Cut Path

  

  In a recent post-meeting press conference, Federal Reserve Chairman Jerome Powell explained the decision to cut the federal funds rate by 25 basis points to the range of 4.25%-4.5%. The decision, taken after the December meeting, was driven by several factors including stronger economic growth and lower unemployment.Key Drivers Behind …

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• 18 December 2024 11:48 pm

  Key messages from last US interest rate statement in 2024

  

  The Fed stated in its interest rate statement that “recent data have shown continued progress in economic activity. Labor market conditions have also shown significant improvement with the unemployment rate rising, although it has not reached very high levels. Inflation has shown a decline, approaching the central bank’s target of …

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• 18 December 2024 11:04 pm

  Fed cuts interest rate by 25 basis points as expected

  

  The US Federal Reserve cut interest rates on Wednesday and signaled it will slow the pace at which borrowing costs fall any further given a relatively stable unemployment rate and little recent improvement in inflation. “Economic activity has continued to expand at a solid pace” with an unemployment rate that …

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• 18 December 2024 10:46 pm

  Gold edges lower as markets eye Fed’s 2025 monetary policy path

  

  Gold prices dipped on Wednesday as investors awaited the Federal Reserve’s monetary policy decision. The market’s focus is on the central bank’s 2025 economic projections and the tone of Chair Jerome Powell’s subsequent press conference. The precious metal is 0..35% down, trading at $ 2636.28 at the time of writing.A …

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• 18 December 2024 9:54 pm

  Oil Prices Rise on Inventory Data, Fed Rate Cut Expectations

  

  Oil prices climbed on Wednesday, driven by a decline in US crude inventories and anticipation of an interest rate cut by the Federal Reserve. However, uncertainty surrounding the Fed’s future monetary policy trajectory is limiting the upside potential for oil.US Crude Inventory DrawThe Energy Information Administration (EIA) reported a decrease …

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• 18 December 2024 8:48 pm

  Looming Fed Decision Boosts Wall Street, But Market Eyes Future Policy Clues

  

  The Federal Reserve’s anticipated 25 basis point interest rate cut has provided a much-needed boost to the beleaguered New York Stock Exchange. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have all seen significant gains, as investors eagerly anticipate the central bank’s decision.However, while the immediate market reaction …

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• 18 December 2024 7:52 pm

  EUR/USD Stalls Near 1.0500 Ahead of Fed Decision

  

  The EUR/USD pair is trading near 1.0500 on Wednesday, struggling to gain significant momentum. The 20-day Simple Moving Average (SMA) at 1.0550 continues to cap upside potential, suggesting a cautious market sentiment.Technical AnalysisTechnical indicators point to a lack of directional bias. The Relative Strength Index (RSI) is hovering around 42, …

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• 18 December 2024 4:43 pm

  U.S. Futures Rebound Ahead of Fed Decision, Markets Eye Long-Term Rate Outlook

  

  U.S. stock index futures climbed on Wednesday, recovering from the previous session’s losses, as investors anticipated the Federal Reserve’s widely expected interest rate cut. Markets have fully priced in a 25-basis-point reduction, but attention is fixed on the Fed’s future rate trajectory and signals for 2025. By early trading, S&P …

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