Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 22 February 2022 2:12 am

  Bowman: Fed open-minded on half percentage point hike in March

  

  Federal Reserve Governor Michelle Bowman said on Monday that she will assess incoming economic data over the next three weeks in deciding whether a half percentage point interest rate rise at the central bank’s next meeting in March is needed, a stance that underscores divisions among policymakers on how aggressively …

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• 22 February 2022 2:03 am

  US Dollar Still Winner As Russia Breaks Up Diplomatic Talks,

  

  Risk aversion took over financial markets at the beginning of the week amid escalating geopolitical tensions in Eastern Europe. The US dollar managed to advance against its high-yielding rivals but lost ground against safe-haven ones. Mid US-afternoon, Russian President Vladimir Putin recognized Donetsk and Luhansk in Eastern Ukraine as independent …

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• 21 February 2022 11:14 pm

  Financial Markets React To Putin’s Latest Statements On Ukraine

  

  Russian President Vladimir Putin on Monday called Eastern Ukraine “ancient Russian lands” and said that the region is an integral part of Russian history. Putin said that the situation in Eastern Ukraine is “critical” and talked about how modern Ukraine was created by communist Russia under Bolshevik leader Vladimir Lenin. …

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• 21 February 2022 9:53 pm

  Yen Rises On Geopolitical Tensions

  

  The USD/JPY pair is holding onto daily losses and trading under 115.00 on Monday’s American session. The pair bottomed at 114.79, slightly above last week low. The dollars ix mixed while the yen is mostly higher across the board.The Japanese yen is among the top performers on Monday, rising at …

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• 21 February 2022 8:12 pm

  WTI stabilizes in $92.00 area as traders Monitor Ukraine crisis

  

  Crude oil prices stabilized on Monday, with front-month WTI futures last trading flat in the $92.00 per barrel area, as traders weigh ongoing escalation in the Russia-Ukraine crisis against the rising likelihood of a new US/Iran nuclear pact. According to the news flow coming out of Russia, President Vladimir Putin …

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• 21 February 2022 7:59 pm

  Putin To Decide Whether To Recognize Separatist Ukraine Regions

  

  Russian President Vladimir Putin said on Monday that he would make the decision on whether or not to recognize the breakaway regions of Eastern Ukraine as independent nations on Monday, after being urged by most of the members of his cabinet, as well as leaders in Russia’s State Duma.To do …

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• 21 February 2022 7:43 pm

  Gold Falls Back Under $1,900 On Biden-Putin Agreement To Kickoff Talks

  

  Gold hit fresh multi-month highs near the $1,910 on Monday but has since dropped back under the $1,900 handle. Geopolitics remains the wildcard that could stoke surprise volatility in either a bullish or bearish direction. The Russian ruble has been coming under significant pressure on Monday, indicative of rising fears …

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• 21 February 2022 7:19 pm

  USD/TRY Approaches 13.70

  

  The Turkish lira has added to its Friday’s losses and lifts USD/TRY pair to the upper end of the recent range near 13.70 on Monday.The USD/TRY pair flirts with the area of recent highs near 13.70 despite the renewed offered stance in the greenback and amidst the broad-based upbeat mood …

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• 21 February 2022 5:53 pm

  Market Drivers – European Session 21-2-2022

  

  An OPEC + source told Reuters that the commitment of the producer group to oil production cuts rose to 129 percent in January, noting that some members are still finding it difficult to increase their production. This compares with 122 percent in December and 117 percent in November. The source …

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• 21 February 2022 4:22 pm

  Rising Oil Prices And Markets Eyeing Diplomatic Developments in Ukraine

  

  Oil prices rose slightly on Monday after fresh diplomatic efforts to resolve the Ukraine crisis brought relief to markets over supply concerns that kept oil prices close to $100 a barrel. Brent crude futures rose 25 cents, or 0.3 percent, to $93.79 a barrel at 1000 GMT. US West Texas …

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• 21 February 2022 2:25 pm

  Eurozone Preliminary Manufacturing PMI Disappoints in Feb

  

  The Eurozone manufacturing sector activity expanded but less than expected in February, the latest manufacturing activity survey from IHS/Markit research showed on Monday. The Eurozone Manufacturing purchasing managers index (PMI) arrived at 58.4 in February vs. 58.7 expectations and 58.7 last. The index hit two-month lows. The bloc’s Services PMI …

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• 21 February 2022 1:37 pm

  European Shares Track Global Market Rally, Boosted by Optimism About Ukraine Summit

  

  European shares rose on Monday, tracking global markets rallying with positive signs, as investors hoped for a solution to the Ukraine crisis after news that US and Russian leaders had agreed in principle to hold a summit on the issue. The pan-European STOXX 600 index rose 0.6 percent, tracking an …

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• 21 February 2022 12:19 pm

  Nikkei Closed Lower For The Third Day This Week

  

  Japan’s Nikkei fell on Monday for the third consecutive session after persistent fears of a possible Russian invasion of Ukraine pushed investors away from riskier assets. The Nikkei index closed down 0.76 percent to record 2,6910.67 points, trimming most of its 2.11 percent losses in early trading, after reports of …

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