Noor Trends News, Technical Analysis, Educational Tools and Recommendations

March, 2022

• 14 March 2022 4:32 pm

  Analysts: Russia is gradually resuming wheat exports from its ports on the Black Sea

  

  Analysts said on Monday that Russia has gradually begun to resume wheat exports from its Black Sea ports, although shipping traffic in the Sea of ​​Azov is still restricted. Russia began invading Ukraine on February 24 in what it describes as a “special military operation”. The price of Russian wheat …

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• 14 March 2022 3:14 pm

  Deutsche Bank Changes Its Decision And Ends Its Business in Russia

  

  Deutsche Bank said on Friday it was winding down its operations in Russia, a day after its chief financial officer said it was not “practical” to close the unit. The move by Deutsche Bank, Germany’s largest bank by assets, followed the announcements on Thursday that rival investment banks Goldman Sachs …

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• 14 March 2022 2:20 pm

  European Stocks Continue Their Gains

  

  European shares rose on Monday after investors pinned their hopes on Ukrainian-Russian diplomatic efforts to end the weeks-long war, while Volkswagen rose after its operating profit doubled. The pan-European STOXX 600 index rose 1 percent, extending gains made on Friday after Russian President Vladimir Putin signaled a positive turn in …

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• 14 March 2022 1:38 pm

  Oil falls with talks to end the war in Ukraine and before the Fed meeting

  

  Oil prices fell by as much as $4 a barrel on Monday, extending last week’s decline as diplomatic efforts to end the war in Ukraine intensified and markets prepared for a US interest rate hike. Oil prices fell more than 5% on Monday to their lowest levels in nearly two …

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• 14 March 2022 12:58 pm

  Zelensky: Ukraine will insist in talks with Russia

  

  Ukrainian President Volodymyr Zelensky said late Sunday, March 13 that Ukrainian officials negotiating with their Russian counterparts will insist on direct talks between the two countries leaders that would lead to peace. The next round of talks on the war in Ukraine between the two neighbors is scheduled to be …

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• 14 March 2022 12:35 pm

  US Dollar Surges Over Putin’s Positive Comment On Peace Talks

  

  The US dollar edged higher on Friday while other safe-haven and commodity-linked currencies declined, after Russian President Vladimir Putin said there had been some progress in talks between Moscow and Ukraine.Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko that there had been “certain positive shifts” in negotiations …

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• 14 March 2022 11:44 am

  Russia Says it Will Pay Off Its Foreign Debt in Russian Rubles Due to Sanctions

  

  Russia’s Finance Ministry said on Monday it had approved a temporary measure to pay off debts in foreign currency, but warned that payments would be made in rubles if sanctions prevented banks from honoring their debts in the issuance currency. The ministry added in a statement that Russia has sufficient …

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• 14 March 2022 11:05 am

  Gasoline Prices Fell in US After A Record High Last Week

  

  Gasoline prices at US gas stations fell over the weekend after hitting an all-time high last week following the Russian invasion of Ukraine. On Sunday, retail gasoline prices fell for the second day in a row, to $4,325 per gallon, below the record high of $4,331 set on Friday, according …

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• 14 March 2022 10:36 am

  The Nikkei index rose 0.70% in early trading in Tokyo

  

  The Nikkei average rose in early trading on the Tokyo Stock Exchange on Monday. The Nikkei rose 0.70 percent to 25,338.64 points, while the broader Topix index rose 0.72 percent to 1812.43 points.

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• 14 March 2022 1:21 am

  Will Fed hike rates despite the threat to growth?

  

  The US Federal Reserve is expected to raise interest rates despite the threat to growth posed by Russia’s invasion of Ukraine.The US Federal Reserve is widely expected to raise interest rates by 0.25 percentage points at its meeting next week for the first time since slashing borrowing costs to zero …

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• 14 March 2022 12:53 am

  Will BoE Hike Rates Amid War, Diminished Spending Power?

  

  Soaring gas and electricity prices, high inflation, the worst squeeze for living standards in decades. The economic outlook was challenging even before Russia’s invasion of Ukraine. The Bank of England looks set to lift interest rates to 0.75% on Thursday 17 March, its third rate rise in a row as …

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• 14 March 2022 12:23 am

  Weekly Recap 7-11 March 2022

  

  Volatility and inflation have been among the most significant key drivers throughout the trading week amid trepulent geopolitical developments with undeniable economic impact across financial market.Inflation Still Biggest RiskData released on Thursday showed that the US consumer price index (CPI) grew 7.9% year-on-year and 0.8% month-on-month in February. The core …

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• 12 March 2022 2:38 am

  Market Drivers – US Session – 11 March

  

  Friday’s trading day fluctuated between risk-on/off, on reports from Russia saying that its President Putin seen certain positive shifts in talks with Ukraine, while Ukraine Foreign Minister, saying the opposite. That said, the GBP/USD is trading at 1.3035, down 0.39%.Economic DataUS energy firms this week added oil and natural gas …

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