Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2022

• 27 January 2022 3:08 pm

  European Shares Fall After Fed

  

  European shares fell on Thursday after US Federal Reserve Chairman Jerome Powell signaled a rate hike in March and kept monetary policy tight to curb inflation. The pan-European Stoxx 600 index fell 0.6 percent, with most sectors and markets in the region declining. After the Federal Reserve’s meeting, Powell said …

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• 27 January 2022 2:35 pm

  The Dollar is Rising as Markets Await a Larger And Faster Rate Hike

  

  The dollar jumped to a multi-week high against major currencies on Thursday, supported by expectations of bigger and faster interest rate hikes in the coming months. During the trading session in London, the dollar index consolidated at its highest level since mid-December, while the euro stumbled around a two-month low …

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• 27 January 2022 1:57 pm

  Tesla Reports Stronger-Than-Expected Fourth-Quarter Results

  

  Tesla stock dropped after the company reported better-than-expected earnings for Q4. But the automaker’s fourth-quarter results might not be good enough for investors. Tesla today reported stronger-than-expected fourth-quarter results, but the company’s stock fell slightly in post-closing trading after the automaker warned that supply chain problems could persist throughout 2022. …

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• 27 January 2022 1:32 pm

  Samsung Records The Highest Annual Sales in Its History During 2021

  

  South Korean company Samsung’s operating profit rose 53.3% in the fourth quarter of 2021, as record sales helped overcome challenges the company faces due to supply chain issues. The world’s largest smartphone maker said operating profit rose to KRW 13.87 trillion, or $11.55 billion, for the October-December 2021 period, up …

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• 27 January 2022 12:45 pm

  Japan Shares Close at 14-Month Low After Fed

  

  Japan’s Nikkei index closed at a 14-month low on Thursday, dragged down by technology heavyweights after the Federal Reserve chief indicated his intention to steadily raise interest rates. The Nikkei fell 3.11 percent to close at 26,170 points, its lowest since November 24, 2020. The index, which fell for the …

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• 27 January 2022 3:46 am

  Market Drivers – US Session – 26 January 2022

  

  The dollar is ending Wednesday firmly higher across the FX board, following the US Federal Reserve monetary policy decision.As widely anticipated, rates and taper were left unchanged, although the statement indicates that “the Committee expects it will soon be appropriate to raise the target range for the federal funds rate.” …

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• 27 January 2022 3:34 am

  New Zealand Inflation Data Hits 30 -Year High

  

  Consumer prices in New Zealand rose the most in three decades last quarter, reinforcing the outlook for higher interest rates after the Federal Reserve added momentum to the global withdrawal of pandemic-era stimulus.New Zealand’s consumer price index for the October-December quarter was 5.9% higher than a year earlier, an acceleration …

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• 27 January 2022 3:25 am

  KSA Expected To Hike Oil Price On Robust Demand

  

  Saudi Arabia is expected to raise the official selling prices of all its crude grades sold in Asia next month on the back of solid demand and refining margins.Saudi Arabia usually sets the official selling prices (OSPs) of its crude for the following month around the fifth of each month, …

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• 27 January 2022 3:16 am

  Oil Price Peaks Up To $90 Level For First Time Since 2014

  

  Brent crude futures rose more than 2% on Wednesday, surpassing $90 a barrel for the first time since 2014. The price of oil surpassed $90 a barrel on Wednesday, its highest mark in eight years as limited supply coupled with the prospect of a Russian invasion of Ukraine sent energy …

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• 27 January 2022 2:52 am

  NZD/JPY Seesaws Around 76.28 Post-FOMC Meeting

  

  On Wednesday, the NZD/JPY clings to its gains, up some 0.10%, amid a risk-off environment. A risk-off market mood triggered an equities selloff in the US stock market, influencing risk-sensitive currencies, like the NZD.The NZD/JPY is downward biased though a break above 77.00 would expose crucial DMAs. The NZD/JPY edges …

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• 27 January 2022 2:46 am

  XAU/USD Bears Sink Their Teeth Into The Market On Hawkish Powell

  

  Gold prices have dropped and now trading at $1,817.59. Gold is moving towards the close and down some 1.65% after falling from a $1,850.11 high to test a low of $1,814.98. The drop came on the back of a hawkish twist at the Federal Reserve event on Wednesday.Initially, the Federal …

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• 27 January 2022 2:00 am

  Tesla Q4 Earnings Beating Record Profit, But Shares Drop

  

  Tesla stock dropped after the company reported better-than-expected earnings for Q4. But the automaker’s fourth-quarter results might not be good enough for investors.Tesla reported earnings of $2.54 a share in the fourth quarter from $17.7 billion in sales Tesla reported earnings for Q4 after the close on Wednesday. Earnings per …

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• 27 January 2022 12:50 am

  Powell Expects Progress On Inflation In Second Half Of 2022

  

  In his usual post-Fed meeting press conference, Fed Chair Jerome Powell said on Wednesday that he expects to see progress on inflation in the second half of 2022.Main Quotes: “It’s a very, very tight labor market.”“We think there’s a pool of people who could come back to labor force, but …

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