Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2025

• 9 January 2025 3:12 am

  Is Eurozone back to a sovereign debt crisis following the German election?

  

  German Chancellor Olaf Scholz disbanded his coalition government composed of the Social Democrats, Greens, and Free Democrats the day after Donald Trump was re-elected as U.S. President in November. Additionally, he accelerated the election date in Germany from September 2025 to February 23, 2025. Germany lost its government as a …

  Read More »
• 9 January 2025 1:42 am

  Yen Retreats On Stronger US Dollar

  

  The Japanese yen is retreating against the US dollar due to the latter’s strength, driven by diverse employment data and a report indicating the possibility of the Trump administration’s tariffs being activated soon.The US dollar rose for the second consecutive day, supported by preliminary employment data that highlighted a lower-than-expected …

  Read More »
• 9 January 2025 12:18 am

  XAU/USD Edges Higher Despite Mixed US Jobs Data As FOMC Minutes Hint at Slowing Rate Cuts

  

  Gold prices climbed during the North American session, buoyed by a slightly hawkish tone in the latest Federal Reserve meeting minutes. The minutes suggested that the pace of interest rate cuts may slow down, a development that typically supports gold as a hedge against inflation.While the US Dollar Index strengthened, …

  Read More »
• 8 January 2025 10:47 pm

  FOMC Minutes Reflect Growing Concerns Over Trump’s Trade Policies

  

  The Federal Reserve’s latest monetary policy meeting minutes, released on Wednesday, revealed that “Fed officials are factoring in the potential changes to trade and immigration policies as they prepare their economic forecasts.”Some expressed concerns that “President-elect Donald Trump’s trade policies could make it difficult to interpret inflation readings in the …

  Read More »
• 8 January 2025 10:05 pm

  Key Market Drivers; US Session: Treading Water Ahead of Crucial NFP Data

  

  Global markets displayed a cautious tone on Wednesday, with most major currency pairs trading within narrow ranges. Investors are gearing up for a busy data release schedule culminating in Friday’s highly anticipated US Nonfarm Payrolls report.The US Dollar Index edged higher, reflecting a cautious investor sentiment that favored the safe-haven …

  Read More »
• 8 January 2025 9:07 pm

  The Fed’s Cautious Path: What to Expect from December’s FOMC Minutes

  

  The Federal Reserve’s decision to cut interest rates in December, while welcomed by some, was marked by a notable degree of caution. The minutes of the December 17-18 policy meeting, to be released on Wednesday, will offer crucial insights into the internal deliberations that shaped this decision.The 25-basis-point rate cut …

  Read More »
• 8 January 2025 7:42 pm

  Jobless Claims Data Explainer: A Resilient US Labour Market, But for How Long?

  

  The recent decline in US jobless claims, falling to an 11-month low, offers a seemingly positive snapshot of the labour market. However, this picture is far from complete. While layoffs remain relatively low, a closer examination reveals a more nuanced reality – one of slowing hiring, prolonged unemployment for some, …

  Read More »
• 8 January 2025 4:54 pm

  China Anticipates Record Travel During Lunar New Year Amid Economic Struggles

  

  China is bracing for an unprecedented travel surge during the upcoming Lunar New Year, with authorities predicting a staggering 9 billion domestic trips during the 40-day Spring Festival period starting January 14. This forecast, despite the country’s sluggish economic recovery, reflects a deep cultural tradition of family reunions during the …

  Read More »
• 8 January 2025 2:46 pm

  Dollar Strengthens Amid Robust U.S. Data, Weighing on Global Currencies

  

  The U.S. dollar advanced for the second consecutive day on Wednesday, buoyed by strong economic data that pushed bond yields higher and diminished expectations for Federal Reserve rate cuts in 2025. U.S. job openings rose unexpectedly in November, while December’s services sector activity showed notable acceleration. Additionally, a surge in …

  Read More »
• 8 January 2025 1:43 pm

  Japan’s Consumer Sentiment Weakens, Casting Doubt on Central Bank’s Policy Outlook

  

  Consumer sentiment in Japan took a hit in December, as per a government survey released on Wednesday. The decline raises questions about the Bank of Japan’s (BOJ) optimism that robust household spending will drive the economy and support future interest rate hikes. The sentiment index fell to 36.2 in December, …

  Read More »
• 8 January 2025 1:03 pm

  European Shares Edge Higher Amid Strength in Healthcare and Financial Stocks

  

  European stocks saw modest gains on Wednesday, driven by advances in heavyweight healthcare and financial sectors, while investors remained attuned to global monetary policy signals in the New Year. The pan-European STOXX 600 rose by 0.2% as of 08:21 GMT, maintaining its position near a three-week high. Financial services led …

  Read More »
• 8 January 2025 12:02 pm

  Oil Prices Edge Higher Amid Tightening Supplies and Strong U.S. Economic Data

  

  Oil prices gained on Wednesday, supported by tightening supplies from Russia and OPEC members, along with robust U.S. economic data suggesting potential growth in oil demand. Brent crude rose 0.5% to $77.42 per barrel by 07:30 GMT, while U.S. West Texas Intermediate (WTI) crude climbed 0.6% to $74.69. A Reuters …

  Read More »
• 8 January 2025 11:04 am

  Bitcoin Extends Losses Amid Rate Concerns, Wiping Out Recent Gains

  

  Bitcoin continued its downward trajectory on Wednesday, erasing the entirety of its recent rebound as concerns over slower-than-expected interest rate cuts in 2025 rattled risk-driven assets. After briefly surpassing the $100,000 mark during a recovery from a late-December slump, the world’s largest cryptocurrency saw sharp losses on Tuesday and Wednesday. …

  Read More »