Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 28 February 2022 10:20 pm

  USD/CAD Reverses Back Amid Energy Prices Rally, Improved Market Mood

  

  The USD/CAD pair has seen two-way trade on Monday but is now back under 1.2700 as risk appetite improves. While geopolitics will be a key determinant of USD/CAD sentiment going forward, this week’s data calendar is also very busy.Highlights include the BoC rate decision on Wednesday, Fed Chair Powell’s testimony …

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• 28 February 2022 9:31 pm

  Could Uncertainty Impact Tuesday’s RBA Policy Decision?

  

  The Reserve Bank of Australia will have its monthly board meeting on Tuesday under thick uncertainty clouds on the backdrop of the escalating assaults and geopolitical tensions in eastern Europe.Economists expect Russia’s invasion of the Ukraine will have minimal impact on the Australian economy. There are expectations that while higher …

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• 28 February 2022 8:54 pm

  Canadian Dollar Slips As West Escalate Russia’s sanctions

  

  The Canadian dollar weakened against its US counterpart on Monday as the West imposed tougher sanctions against Russia over its Ukraine invasion and domestic data showed that the current account balance returned to a deficit in the fourth quarter.The safe-haven US dollar climbed and world stocks slid as new sanctions …

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• 28 February 2022 8:46 pm

  Consultations Follow First Round Of Russia-Ukraine Peace Talks

  

  Peace talks between Russia and Ukraine on Monday to bring about a ceasefire to the ongoing conflict in Ukraine have ended.Russian state media quoted a Ukrainian official saying that delegates from the respective countries will return to their capitals before embarking on a second round of talks, the Ukrainian official …

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• 28 February 2022 8:42 pm

  Fed’s Bostic Supports 25 bps Hike At March Meeting

  

  Atlanta Fed President Raphael Bostic said on Monday that the Fed needs to be “forceful and committed” in getting inflation under control, as reported by Reuters.Key Comments:“For now, inflation expectations in longer-term haven’t moved in a significant way.”“Labor supply is a huge problem.”“Until pandemic is over, there will be effects …

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• 28 February 2022 8:16 pm

  WTI Supported Amid Potential Supply Disruptions

  

  Although oil prices retreated from earlier highs as markets await the outcome of Ukraine-Russia talks and traders hope that a ceasefire could materialize, front-month WTI futures remain well underpinned in the $95.00 territories. At current levels in the $96.00s, WTI is trading with on-the-day gains of over 4.0% or more …

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• 28 February 2022 7:52 pm

  Russia’s Sanctions Keep Investors On Alert

  

  Asian markets closed today’s trading up across the board, with the exception of Hong Kong’s Hang Seng, which edged down 0.24% while Japan’s Nikkei rose 0.19%, China’s Shanghai Composite gained 0.32%, India’s Sensex advanced 0.70%, and South Korea’s KOSPI finished trading up 0.84%. Taiwan’s equity markets are closed today to …

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• 28 February 2022 7:05 pm

  US Shares Await Further Gains Despite Geopolitical Concerns

  

  Geopolitical tensions between Russia and the West, including the Ukrainian crisis, have greatly escalated during last week. Although the current crisis will likely mark the inauguration of a new security formula for Europe and the United States, economists at Citibank still have confidence in the financial markets. Economists believe that …

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• 28 February 2022 6:03 pm

  Market Drivers – European Session 28-2-2022

  

  Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and cut off certain Russian banks from the global SWIFT system for interbank payments, potentially causing severe disruption to its oil exports. Brent crude rose $4.16, or 4.3 percent, to $102.09, after hitting a high of $105.07 …

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• 28 February 2022 5:31 pm

  Oil Prices Rise as Sanctions Escalate on Russia

  

  Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and cut off certain Russian banks from the global SWIFT system for interbank payments, potentially causing severe disruption to its oil exports. Brent crude rose $4.16, or 4.3 percent, to $102.09 at 0915 GMT, after hitting a …

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• 28 February 2022 4:33 pm

  Toyota Suspends All Domestic Factory Operations Over Suspected Cyber Attack

  

  Toyota Motor Co. said it will suspend all local factory operations on Tuesday, losing production of about 13,000 cars, after a company that supplies it with plastic parts and electronic components was subjected to a suspected cyber attack. No information was available yet on who was behind the attack or …

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• 28 February 2022 4:23 pm

  The Ruble is Falling to Its Lowest Level Ever

  

  The Russian ruble fell nearly 30 percent on Monday, the euro fell nearly 1 percent against the dollar, and demand for the Swiss franc, the Swiss franc and the Japanese yen increased as safe havens after Western countries imposed tough new sanctions on Russia after its invasion of Ukraine. Western …

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• 28 February 2022 2:20 pm

  European Shares Fall 2% After Imposing Tough Sanctions on Russia

  

  European shares fell on Monday as Western countries imposed tough new sanctions on Russia in the wake of its invasion of Ukraine while rising oil prices fueled fears of hyperinflation. By 0810 GMT, the pan-European Stoxx 600 index fell 2.1%, Germany’s DAX 2% and Britain’s Financial Times 0.9%. Crude oil …

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