Noor Trends News, Technical Analysis, Educational Tools and Recommendations

September, 2024

• 13 September 2024 9:22 pm

  US Treasury Yields Decline at Week’s End

  

  US Treasury yields decreased on Thursday, influenced by mounting speculation that the Federal Reserve might reduce interest rates by more than previously anticipated. This development has negatively impacted yields on benchmark government bonds, which are less favored in a low-interest-rate environment.Over the past few days, markets have experienced significant uncertainty …

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• 13 September 2024 8:40 pm

  Growing Fed Rate Cut Optimism Triggers Stock Market Rally

  

  Even while THE PREVALENT market SENTIMENT is becoming increasingly optimistic, it’s crucial to remember that things can change quickly in terms of the economy. Investors ought to exercise caution and keep a close eye on developments. The Fed’s impending rate decision is a key event that could have a big …

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• 13 September 2024 7:44 pm

  Trump’s social media stock soars as he’s “Not Selling”

  

  Trump’s social media stock surged after he announced he is not selling shares in his controversial company, Trump Media. Trump and other insiders in Trump Media & Technology Group will be free to sell shares as soon as next week when lock-up restrictions are set to expire. Trump’s comments instantly …

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• 13 September 2024 2:28 pm

  U.S. Stock Futures Flat as Traders Await Fed’s Rate Cut Decision

  

  U.S. stock index futures were steady on Friday as investors remained cautious about the size of the Federal Reserve’s expected interest rate cut next week. Speculation about a more substantial 50-basis point (bps) cut has increased, with the CME FedWatch Tool showing a 41% chance of such a move, up …

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• 13 September 2024 12:43 pm

  Dollar Softens Ahead of Federal Reserve’s Rate Decision, Yen Reaches Year High

  

  The U.S. dollar weakened on Friday as uncertainty over the size of the Federal Reserve’s upcoming interest rate cut kept investors on edge. The yen reached its highest level this year amid widespread anticipation of a significant rate cut from the Fed at its meeting next week. With the Federal …

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• 13 September 2024 11:49 am

  European Stocks Rise Amid Fed Rate Cut Speculation and Stronger Mining Sector

  

  European stocks advanced on Friday, bolstered by gains in the mining sector and anticipation of a potential interest rate cut by the U.S. Federal Reserve at its upcoming meeting. The pan-European STOXX 600 index rose 0.5% to 514.5 points as of 0710 GMT, marking solid progress towards a weekly gain. …

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• 13 September 2024 10:50 am

  Oil Prices Rise Amid U.S. Gulf Disruptions Despite Lingering Demand Concerns

  

  Oil prices extended their upward momentum on Friday, driven by production disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced the evacuation of platforms ahead of its landfall on the Louisiana coast. This rally comes after a rocky start to the week that saw Brent crude briefly dip …

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• 13 September 2024 10:00 am

  Gold Hits Record High on Fed Rate Cut Speculation, Tight U.S. Presidential Race

  

  Gold prices surged to an all-time high during Asian trading on Friday, driven by persistent speculation that the Federal Reserve will cut interest rates in the coming week. Increased demand for the safe-haven asset amid uncertainties surrounding the U.S. presidential election further boosted the yellow metal’s appeal. Gold continued its …

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• 13 September 2024 9:31 am

  Asian Stocks Rise as Focus Shifts to Fed’s Interest Rate Decision; Hong Kong Leads Gains

  

  Most Asian markets advanced on Friday as investor attention turned to the Federal Reserve’s upcoming interest rate decision, potentially marking the first rate cut in over four years. Hong Kong’s markets led the region with strong gains, driven by bargain hunting in local technology heavyweights. Hong Kong Rallies on Tech …

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• 13 September 2024 2:42 am

  Market Drivers; US Session, September 12

  

  FOMC Meeting: A Dovish Pivot or Hawkish Hold? The Federal Open Market Committee (FOMC) meeting next week looms large for investors and markets worldwide. Recent economic data has sparked a debate: will the Fed take a dovish turn and cut rates, or will it maintain its hawkish stance on inflation?Softening …

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• 13 September 2024 1:37 am

  Adobe’s Q3: A Tale of Two Halves

  

  Adobe (Nasdaq: ADBE) delivered a mixed bag of results in its third fiscal quarter of 2024. While the company reported strong top-line growth and record-breaking revenue, a cautious outlook for the fourth quarter sent its stock tumbling. A Strong Quarter, but a Cautious Outlook The software giant’s Q3 revenue surged …

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• 13 September 2024 12:43 am

  Canadian Dollar Stalls Amid Rate Cut Expectations

  

  The Canadian Dollar remained relatively unchanged on Thursday, continuing its recent sideways trend. Domestic economic indicators, including a rise in Canadian Building Permits, were overshadowed by the anticipation of a Federal Reserve interest rate cut.The U.S. Producer Price Index (PPI) data, while mixed, did not significantly alter market expectations for …

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• 12 September 2024 11:35 pm

  Accelerating Fed Rate Cut Optimism Boosts Gold To Fresh Record Highs

  

  On Thursday, the price of gold hit yet another record high as investors became increasingly optimistic about the future decline in global interest rates. With the second rate cut in three months by the European Central Bank (ECB), the spot price of gold soared to $2,567 per troy ounce, up …

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