Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 25 February 2022 7:14 pm

  Lagarde: ECB ready to take action needed to ensure price and financial stability

  

  European Central Bank President Christine Lagarde said on Friday that the central bank stands ready to take whatever action is needed to ensure price stability and financial stability in the Eurozone.Lagarde said that it would be premature to assess the exact impact of the conflict in Ukraine just yet, but …

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• 25 February 2022 5:19 pm

  Oil Catches Its Breath as Russian Forces Advance Into Ukraine

  

  Oil prices fell on Friday after sharp increases during the session on fears of possible disruption to international supplies following the imposition of sanctions on oil-exporting Russia. Brent crude futures for April fell 33 cents, or 0.3 percent, to $98.75 a barrel at 1045 GMT, after jumping to $101.99. May …

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• 25 February 2022 4:31 pm

  Russia Begins Attack on Kyiv – CNBC

  

  CNBC reported that Russian forces began their assault on the Ukrainian capital, Kyiv, to seize it on the second day of declaring the invasion. Russian forces resumed their march towards the capital after the stop announced by Ukrainian President Zelensky this morning. Ukrainian Foreign Minister Dmytro Kuleba said horrific Russian …

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• 25 February 2022 3:45 pm

  The Kremlin: Russia Will Impose Retaliatory Sanctions on The West

  

  The Kremlin said on Friday that Russia would impose retaliatory sanctions on Western countries on the basis of reciprocity. Kremlin spokesman Dmitry Peskov said the sanctions would cause problems for Russia but their impact could be contained and had reduced Moscow’s dependence on foreign imports. He declined to comment on …

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• 25 February 2022 2:46 pm

  Media reports: Shooting Near The Government District in Kiev

  

  The Russian news agency quoted the Associated Press as saying that the sound of gunfire resounded near the government district in the Ukrainian capital, Kyiv. An adviser to the Ukrainian government said on Friday that he expected Russia to try to storm Kyiv during Friday. Ukrainian authorities urged residents of …

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• 25 February 2022 2:12 pm

  European Stocks Are Rebounding After Falling

  

  Europe’s main stock index rebounded on Friday after hitting its lowest level in nine months, affected by a rally in late Wall Street yesterday, as investors hunted for shares that fell in prices after heavy selling this week, amid concerns about the repercussions of the Russian invasion of Ukraine. By …

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• 25 February 2022 12:45 pm

  UK and France Say Cutting Off Russia From SWIFT Remains on The Table

  

  According to France’s Finance Minister Bruno Le Maire, cutting off Russia from SWIFT remains on the table but as a last resort. Meanwhile, the UK Defence Minister Robert Wallace said, “we’d like to cut Russia off from SWIFT.” “It is difficult as “not every country wants them out,” Wallace added.

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• 25 February 2022 12:08 pm

  The US Treasury Announces Unprecedented Sanctions Against Russia

  

  Today, the US Treasury Department imposed expanded economic measures, which target the basic infrastructure of the Russian financial system including all major Russian financial institutions. The measures announced by the US Treasury target nearly 80% of all banking assets in Russia, which will have a profound and long-term impact on …

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• 25 February 2022 11:30 am

  Japan’s Nikkei Index Rises Supported by Technology

  

  Japanese stocks halted a five-session losing streak on Friday, boosted by technology heavyweights and after a massive rebound on Wall Street overnight. The Nikkei index rose 1.95 percent to close at 2,6476.50 points, but it fell 2.3 percent this week. The broader Topix index rose 1 percent to 1,876.24 points …

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• 25 February 2022 10:59 am

  The European Commission Issues a Statement on The Proposed Sanctions Against Russia

  

  The European Commission issued a statement detailing the proposed sanctions against Russia, which are awaiting approval by European heads of state this evening. These sanctions include depriving Russia of 24 billion euros annually in oil revenues through a European ban on oil exports, financial sanctions targeting 70% of the Russian …

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• 25 February 2022 10:30 am

  Precious Metals Give up Gains After Biden Announces Sanctions on Russia

  

  Precious metals gave up gains, gold fell below $1,900 an ounce and palladium fell more than 5% as stocks rebounded after US President Joe Biden unveiled tough new sanctions against Russia on Thursday. And the price of gold in spot transactions fell 0.6 percent to $ 1895.76 an ounce, after …

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• 25 February 2022 3:51 am

  Market Drivers – US Session – 24 February

  

  Fears and panic dominate financial markets as Russia launched a military assault on Ukraine. Moscow attacked not only the Donbass region but got near Kyiv during US trading hours. Russia ignores global sanctions and seems determined to take full control of Ukraine, while sanctions tend to avoid Russian energy. A …

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• 25 February 2022 3:22 am

  Russia’s next bombardment on Kyiv expected at 01:00 GMT

  

  Russian military forces are expected to begin a large-scale bombardment of the Ukrainian capital city of Kyiv from around 01:00 o’clock (GMT), per a CNN correspondent citing an intelligence report. Markets have not reacted yet to this headline but it certainly will not be positive for global risk appetite if …

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