Noor Trends News, Technical Analysis, Educational Tools and Recommendations

December, 2021

• 14 December 2021 1:24 am

  US Dollar Index Reaps Gains While Treasury Yields Retreat

  

  The dollar index held onto modest gains by late US trading session on Monday but was well off its highs as Treasury yields slid in the face of falling stocks, while Omicron uncertainties and Fed event risks also loomed over markets.Omicron fears increased after the WHO said the variant poses …

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• 14 December 2021 12:24 am

  US Shares Cautiously Maneuver On Uncertain Session

  

  US shares markets came under pressure on the first trading day of the week after the S&P 500 managed a record high close last Friday at 4712.The index has dropped more than 25 points to current levels in the 4680s, recording recent decline of over 0.5%. Still, the S&P 500 …

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• 13 December 2021 11:36 pm

  Dubai TV Interview, Dec 13, 2021

  Speaking to Dubai TV, Monday, Mohamed Hashad, Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts highlighted major developments in the financial markets this week The US Federal ReserveAsked whether the US Federal Reserve Bank might decide six interest rate hikes …

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• 13 December 2021 10:42 pm

  Gold Price, USD 1810 Eyed

  

  On Monday, the price of gold started off as investors are eyeing a breakout to test the familiar daily resistance near USD 1815. The yellow metal is higher by some 0.3% and has travelled between a low of USD 1781.89 and a high of USD 1791.65.The start of the week …

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• 13 December 2021 9:42 pm

  NY Fed Survey: 1Y inflation rose o 6.0% in November

  

  According to the latest New York Fed survey, median one-year-ahead inflation expectations rose to 6.0% in November from 5.7% in October. Median three-year-ahead inflation expectations fell to 4.0% from 4.2%. Median uncertainty regarding future inflation outcomes rose at both the short and medium-term horizons, both teachings their highest levels since …

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• 13 December 2021 9:30 pm

  Five Questions ECB Will Have To Address

  

  Next Thursday’s European Central Bank meeting is expected to be crucial as officials are set to call time on pandemic-triggered stimulus. The question now is how much support to leave in its place given the emergence of the Omicron COVID-19 variant and hot inflation data. The five questions on the …

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• 13 December 2021 8:57 pm

  UK Shares Struggle Ahead Of BoE Meeting

  

  UK stocks struggled for traction on Monday as a warning over the omicron variant weighed on THE market sentiment.The FTSE 100 index UK:UKX slipped by 0.2% to settle at 7,278, though the mining sector appeared to be getting a boost, after China’s top officials reportedly set 2022 targets that included …

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• 13 December 2021 7:48 pm

  BoC Announces Inflation Target To Be Left At 2%

  

  The Bank of Canada announced on Monday that it had agreed with the government to leave its inflation target at the 2.0% midpoint of a 1.0%-3.0% range for the next five years, as expected. Key Quotes:“Agrees with the government that monetary policy should continue to support maximum sustainable employment while …

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• 13 December 2021 7:37 pm

  Shares Eye Policy Signals From Central Banks This Week

  

  After quickly recovering from the Omicron-related scare, shares markets look prepared to start to receive, digest and handle a busy week for central banks.With some hawkish signals expected, markets could be in for a session of volatility in the closing days of 2021 even though some of the policy shifts, …

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• 13 December 2021 6:02 pm

  US Stock Futures Are Rising

  

  US stock index futures continued to rise with this week’s opening on Monday morning, especially the “S&P 500” index, which reached its highest level ever last Friday. Today’s gains came after a positive end last week on “Wall Street,” with US investors ignoring the data of the most significant annual …

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• 13 December 2021 5:20 pm

  OPEC Optimistic About Oil Demand in 2022

  

  OPEC on Monday raised its forecast for global oil demand in the first quarter of 2022 but left its full-year growth forecast unchanged, saying the Omicron mutant from the coronavirus would have a slight impact as the world coped with the pandemic. The Organization of the Petroleum Exporting Countries (OPEC) …

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• 13 December 2021 3:19 pm

  Market Drivers – Asian Session 13-12-2021

  

  Investors have been on the sidelines during the Asian session today ahead of this week’s big events and central banks meetings. The dollar rose in early European trading on Monday at the start of a week that includes a number of central bank meetings, including the Federal Reserve, while concerns …

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• 13 December 2021 2:32 pm

  The Turkish Lira Falls to a New Low Against The Dollar

  

  The Turkish lira fell to new record levels against the US dollar, to break the barrier of 14 Lira to the dollar for the first time in its history after the S&P credit rating agency changed its outlook for the Turkish economy from stable to negative. The agency, S&P, said …

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