Noor Trends News, Technical Analysis, Educational Tools and Recommendations

December, 2021

• 15 December 2021 5:57 pm

  Market Drivers – European Session 15-12-2021

  

  Markets are in anticipation and calm ahead of the Fed meeting. European shares rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision, which is likely to tilt the pandemic’s stimulus back at a faster pace to counter growing inflation risks. The pan-European Stoxx 600 index rose 0.5 …

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• 15 December 2021 5:21 pm

  Fed Meeting: Forecasts From 4 Major Banks

  

  The US Federal Reserve will announce monetary policy decisions and release the updated Summary on Wednesday at 19:00 GMT. As we get closer to the release time, here are the expectations as forecast by analysts and researchers of 5 major banks. TDS “The taper pace will likely be doubled to …

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• 15 December 2021 4:23 pm

  European Shares Rise as Investors Await Federal Reserve Policy Announcement

  

  European shares rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision, which is likely to tilt the pandemic’s stimulus back at a faster pace to counter growing inflation risks. The pan-European Stoxx 600 index rose 0.5 percent to 471.84 points. Stock markets across Asia fell as weaker-than-expected …

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• 15 December 2021 3:10 pm

  Market Drivers – Asian Session 15-12-2021

  

  The Asian session was quiet on Wednesday, as the market is waiting for the decision of the Federal Reserve’s Federal Open Market Committee. The UK Consumer Prices Index (CPI) 12-month rate came in at 5.1% in November compared to +4.2% registered in October while beating expectations of a +4.7% print. …

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• 15 December 2021 2:02 pm

  Gold Prices Stabilize, Focus on Fed Meeting

  

  Gold prices stabilized on Wednesday, December 15, after falling sharply in the previous session, as investors awaited the Federal Reserve’s decision to reduce the stimulus measures it took in the face of the Covid-19 pandemic. Traders are closely watching the Fed’s moves to see if it will speed up the …

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• 15 December 2021 1:17 pm

  Inflation in Britain Rises to The Highest Level in More Than 10 Years

  

  Britain’s consumer price index rose to its highest level in more than 10 years in November, as it jumped to 5.1% from 4.2% in October, which could make the Bank of England recalculate its interest decision tomorrow. The Office for National Statistics said price pressures from a wide range of …

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• 15 December 2021 12:27 pm

  Japan’s Nikkei Settled Ahead of Fed

  

  The Japanese Nikkei index ended Wednesday’s session, December 15th, in cautious trading ahead of the US Federal Reserve’s decision, which is expected to be decisive on monetary policy, as it is expected to tend to reduce asset purchases at a faster pace. Investors expect the US Federal Open Market Committee …

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• 15 December 2021 11:46 am

  China’s retail sales growth less than expected, industrial production outpace

  

  Chinese retail sales missed expectations in November, growing by 3.9% in November on an annual basis, less than the 4.6% forecast in a Reuters poll. It came as car sales have fallen in recent months, despite Singles’ Day sales in China in early November. On the other hand, industrial production …

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• 15 December 2021 4:09 am

  Market Drivers – US Session – 14-12-2021

  

  Traders, investors and economists are eying the upcoming signals by the US Federal Reserve Bank’s policy meeting that began on Tuesday. Anticipations have been dominating all over financial markets throughout Tuesday’s North American session, with the meeting ending on the second and final day, Wednesday.The meeting comes amid expectations that …

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• 15 December 2021 3:38 am

  FOMC Expected To Accelerate Taper Amid Hot Inflation

  

  The US Federal Reserve officials on Wednesday are expected to set plans to begin accelerating the withdrawal of the massive bond-buying program, enacted in early 2020 to help the economy and financial markets cushion the impact of the coronavirus pandemic, as they seek to remove the crutches from the US …

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• 15 December 2021 2:26 am

  Senate Passes Bill Raising Debt Ceiling By USD 2.5 Trillion, To Last Into 2023

  

  The Senate passed legislation Tuesday to raise the nation’s debt limit by $2.5 trillion, one of the final steps Congress needs to take to stave off default and the economic peril that would come if the U.S. were unable to pay its bills. The bill, approved in a 50-49 vote, …

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• 15 December 2021 2:13 am

  Senate Voting On US Debt Ceiling

  

  The Senate is now voting on final passage of a bill to raise the US debt limit by $2.5 trillion, which will extend the limit into 2023.The vote is taking place after a one-time, fast-track process was put in place to allow Democrats to act alone to increase the debt …

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• 15 December 2021 12:53 am

  The US Dollar Surges, Eying Fed’s Decisions

  

  The US dollar is up against most of its rival currencies, rising during US trading hours on the back of higher yields and weaker stocks.The US published November PPI, which jumped to a record of 9.6% YoY, much higher than the previous reading that was at 8.6%, while the core …

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