Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 15 February 2022 3:06 pm

  Euro Rises After Russian Forces Begun to Return to Their Bases

  

  The euro recovered on Tuesday, recouping almost all of its losses on Monday, buoyed by reports that some Russian forces in areas near Ukraine have begun to return to their bases. The single European currency rose 0.4 percent to $1.1346, with European shares recovering with the support of those reports. …

  Read More »
• 15 February 2022 2:53 pm

  European Shares Rise Supported by Buying Health Care And Commodities Shares

  

  European shares rose on Tuesday after concerns about the crisis between Ukraine and Russia prompted investors to buy shares in sectors such as health care and consumer goods. The pan-European Stoxx 600 index rose 0.6 percent by 0814 GMT, after closing in the last session at its lowest level in …

  Read More »
• 15 February 2022 2:10 pm

  Oil Falls From Its Highest Level in 7 Years After Reports of The Russian Forces to Their Bases

  

  Oil prices fell on Tuesday from a seven-year high to around $94 a barrel, after a report that some troops in Russian military areas adjacent to Ukraine had returned to their bases, in a move that would ease tensions between Moscow and the West. While large-scale exercises continue across the …

  Read More »
• 15 February 2022 1:29 pm

  Russia’s Military: A Number of Drills Have Finished; Troops Are Expected to Return to Bases

  

  “A number of drills have finished, troops are expected to return to bases,” Interfax reports, citing Russia’s military. “It continues set of drills involving almost all districts and navies.” “Some units of western and southern military districts have started returning to bases.”

  Read More »
• 15 February 2022 12:11 pm

  The Nikkei Closed Lower Under Pressure

  

  The Nikkei average ended Tuesday’s trading at its lowest level this month, weighed by expectations of a US interest rate hike, as investors factored in the repercussions of a possible Russian invasion of Ukraine. The Nikkei fell 0.79 percent to close at 26,865.19 points, its lowest closing level since January …

  Read More »
• 15 February 2022 11:42 am

  UK Unemployment Rate Steadies at 4.1% in December

  

  The Office for National Statistics (ONS) showed on Tuesday, the UK’s official jobless rate arrived at 4.1% in December vs. the previous 4.1% and 4.1% expected while the claimant count change showed a smaller than previous drop last month. The number of people claiming jobless benefits fell to -31.9K in …

  Read More »
• 15 February 2022 11:16 am

  Gold Climbs to an Eight-Month High

  

  Gold prices rose to an 8-month high above $1,878 an ounce on Tuesday, as escalating tensions between Russia and the West over Ukraine drove investors out of riskier assets in favor of safe-haven bullion. Gold prices jumped to an eight-month high on Tuesday, February 15, as investors turned away from …

  Read More »
• 15 February 2022 10:37 am

  Canada’s Trudeau invokes emergency powers in bid to end protests

  

  Canadian Prime Minister Justin Trudeau activated rarely used emergency powers in the country in an attempt to end protests that have closed some border crossings with the United States and paralyzed parts of the capital. Under the emergency law, the government introduced measures aimed at cutting off funding to protesters …

  Read More »
• 15 February 2022 3:26 am

  Market Drivers – US Session – 14 February

  

  Russia-Ukraine tensions dominated financial markets on Monday, leading to some solid safe-haven demand. The catalyst was a statement from US President Joe Biden, who told his Ukrainian counterpart Volodymyr Zelensky on Sunday that the US would respond “swiftly and decisively” if Russia takes further steps toward invasion.Early on Monday, Russian …

  Read More »
• 15 February 2022 3:16 am

  Big Bitcoin Miners Plan Stock Sales

  

  A couple of big Bitcoin miners are planning to sell their stock in the face of a drop in token prices that has led other miners to trade in some their Bitcoin holdings.Marathon Digital Holdings Inc. and Hut 8 Mining Corp. have both filed with the Securities and Exchange Commission …

  Read More »
• 15 February 2022 2:12 am

  Impact of Ukraine’s Invasion On Global Economy

  

  Financial markets are so edgy about tensions in eastern Europe, for good reason. Geopolitical scares typically produce very short-lived market disruptions, with commodities and risk assets quick to recover. The standoff between Russia and Ukraine could be different. Russia is threatening a massive invasion that could quickly subdue Kyiv, the …

  Read More »
• 15 February 2022 2:03 am

  Canada Considers New Plan to Address Labour Shortages

  

  The immigration system has helped shape Canada into the country it is today – one that is prosperous, diverse, and welcoming to those in need. Newcomers enrich and better local communities, and they work every day to create jobs, care for our loved ones, and support local businesses.Throughout the pandemic, …

  Read More »
• 15 February 2022 12:25 am

  WTI Surges On Ukraine President’s Statements

  

  US crude oil barely advances, following Friday’s jump of 3.78%. At the time of writing, WTI is trading at $94.00, almost flat.Geopolitical events dampened the market mood in the financial markets. Russia’s intentions of a possible invasion of Ukraine keep crude oil prices upward pressured, based on the fact that …

  Read More »