Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Brent crude futures fell 36 cents, or 0.5%, to $71.86 a barrel, while US oil futures fell 35 cents, or 0.5%, to $69.61 a barrel. The US Energy Information Administration said on Wednesday that US crude oil stocks, which include strategic petroleum reserves, fell for the eleventh consecutive week as …
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23 April, 2025 11:53 am
Gold Prices Slip as Trump Soothes Market Fears, Touts Tariff Cuts and Supports Fed
Gold prices edged lower in Asian trading on Wednesday, retreating further from this week’s record hi…
23 April, 2025 11:31 am
European Stocks Rally as SAP Earnings Impress, Trump Calms Fed and Tariff Fears
European equity markets surged on Wednesday, lifted by robust earnings from German software giant SA…
23 April, 2025 10:56 am
Bitcoin Surges Over 6% as Trump Softens Fed and China Tariff Stance
Bitcoin rallied sharply on Wednesday, breaking out of its recent range to hit a seven-week high, as …
22 April, 2025 11:47 pm
Stock Market Surges Amid Trade De-escalation Hopes
US. stocks soared on Tuesday, rebounding from a turbulent Monday, as investors pinned their optimism…
22 April, 2025 10:43 pm
Gold Dips $100 from Record High as US-China Tensions Ease, Yet Shines with 29% YTD Gain
Gold prices slid $100 from a record high of $3,500, retreating to around $3,400, down 0.63%, as US T…
22 April, 2025 9:48 pm
Why US Assets Are Bleeding: Trump’s Policies and Market’s Dangerous Dance
US financial markets are under siege in April 2025, with stocks, bonds, and the dollar reeling from …
22 April, 2025 8:42 pm
Safe-Haven Clash: Yen and Swiss Franc in Today’s Market vs. March 2025
In early March 2025, global financial markets were unsettled by U.S. tariffs and fears of an economi…
22 April, 2025 7:29 pm
Chip Race Heats Up: Nvidia Faces New Challenges
The artificial intelligence (AI) chip market, long dominated by Nvidia, is witnessing a seismic shif…
22 April, 2025 5:33 pm
Gold Hits Record High Amid Fed Uncertainty, Trade Tensions
Gold prices soared to fresh record highs on Tuesday, underpinned by growing investor concerns over U…
22 April, 2025 4:15 pm
U.S. Stock Futures Rebound Ahead of Tesla Earnings, Fed Speakers in Focus
U.S. stock index futures rose on Tuesday, recovering some ground after a sharp sell-off in the previ…
Market Analysis
June, 2021
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10 June 2021 12:28 pm
Oil Falls as The Start of The Flight Season in America Fails to Increase Fuel Demand
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10 June 2021 6:19 am
U.S. Inflation Likely to Register Highest Rise Since 2008
Markets are anticipating the release of the U.S. consumer price index (CPI) reading for May on Thursday, with expectations of a surge in the inflation rate. Data by the United States Bureau of Labor Statistics are likely to show that an inflation reading of 4.7% last month, with core inflation …
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10 June 2021 4:03 am
Wall Street Declines Ahead of Inflation Data
The main indices of the New York Stock (NYSE) closed lower on Wednesday, to erase earlier gains, with Wall Street investors anxiously awaiting the release of inflation data and reacting to the drop in Treasury bond yields. The Dow Jones Industrial Average lost 152.68, or 0.44%, to close at 34,447.14 …
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10 June 2021 3:56 am
Oil Prices Stabilize Following U.S. Inventory Report
Oil prices showed a mixed performance on Wednesday, after the weekly inventories report in the U.S. showed a huge surge in gasoline stockpiles. The U.S. crude benchmark futures declined, while the global benchmark settled nearly unchanged, despite a decline in crude inventories in the United States. The rise in gasoline …
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10 June 2021 3:25 am
Gold Closes Higher as Treasury Yields Retreat
Gold prices finished higher on Wednesday with small gains, amid a decline by the U.S. Dollar (USD) and Treasury bond yields. Nevertheless, the yellow metal’s most active contracts failed to regain the $1,900 key level. Gold futures for August delivery gained $1.1 to close at $1,895.50 per ounce. Markets are …
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10 June 2021 2:51 am
European Stocks Close Mixed ahead of ECB Meeting
European stocks showed a mixed performance on Wednesday, with investors awaiting the decision of the European Central Bank (ECB) regarding the future of the Pandemic Emergency Purchase Programme (PEPP). The pan-European STOXX 600 index rose marginally by a little less than 0.1% at 454.44 points. The benchmark index in France, …
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10 June 2021 2:38 am
GBP/USD Scores Daily Gains in Absence of Data
The British Pound (GBP) rose against the U.S. Dollar (USD) and managed to finish Wednesday’s trading higher on the back of a the latter’s decline. The GBP/USD finished at 1.4173, higher for the day by about 0.11%, after closing on Tuesday at 1.4157. Markets are anticipating the release of May’s …
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10 June 2021 1:00 am
EUR/USD Erases Daily Gains to Settle Near Daily Low
The Euro (EUR) erased most of its gains against the U.S. Dollar (USD) on Wednesday, moving towards a marginal rise near its closing level in the previous session. Earlier today, the EUR/USD pair was trading as high as 1.2218, due to the brief plunge by the Dollar, after falling U.S. …
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9 June 2021 9:14 pm
U.S. Wholesale Inventories Rise in April
Wholesale inventories in the United States registered a relatively large rise in April, data showed on Wednesday. According to the most recent data by the U.S. Department of Commerce, wholesale inventories grew by 0.8%. The reading follows a 1.2% rise in March. The growth in wholesale inventories has been attributed …
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9 June 2021 7:53 pm
DXY Rises Marginally to Recover from Steep Drop!
The U.S. Dollar (USD) rose on Wednesday against major peers, with markets anticipating the release of last month’s inflation data. The May reading of the Consumer Price Index (CPI) is due to be released tomorrow by the U.S. Bureau of Labor Statistics. The Dollar Index (DXY), which measures the greenback’s …
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9 June 2021 7:33 pm
Bitcoin Tests a High After El Salvador
Bitcoin has now recovered and it has managed to reach the end of a journey of struggle, after passing the $34,000 levels and breaking the $35,000 threshold. The recent Bitcoin uprising came today, Wednesday, after the historic approval of the Parliament of El Salvador on a law making Bitcoin the …
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9 June 2021 7:02 pm
EIA: US Crude Oil Stocks Decrease by 5.2 Million Barrels
Crude Oil Stocks Change in the US was -5.2 million barrels in the week ending June 4, the weekly report published by the US Energy Information Administration (EIA) revealed on Wednesday. Analysts’ estimate was for a decrease of 2 million barrels.
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9 June 2021 6:34 pm
Japan PM Suga: Will Aim to Meet Fiscal Targets And Raise Minimum Wage
Japanese Prime Minister Yoshihide Suga said on Wednesday, his government will focus to achieve fiscal targets including the target to bring primary balance to surplus. The government will also strive to raise the nationwide average minimum wage to JPY1,000 an hour soon.
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