Open Demo Account

Market Analysis

February, 2022

  • 7 February 2022 2:20 pm

    Oil Prices Fluctuate Amid Market Focus on Tight Supplies And US-Iran Talks

    Oil prices swung up and down on Monday, as some investors booked profits amid signs of progress in talks between the United States and Iran, while others remained optimistic about support for rising consumption as supply constraints remain. Brent crude rose 20 cents, or 0.2 percent, to $93.47 a barrel, …

    Read More »
  • 7 February 2022 12:59 pm

    Gold Touches its Highest Level in More Than a Week

    Gold prices hit their highest in more than a week on Monday, as inflationary pressures from higher oil prices helped offset the impact of an increase in US Treasury yields after a positive jobs report, while the appetite for the metal also supported a decline in stocks. Gold rose in …

    Read More »
  • 7 February 2022 12:55 pm

    Australia to Fully Reopen Borders to Vaccinated Travellers From Feb 21

    Australia has unveiled plans to welcome back double-jabbed tourists for the first time in two years. Australian Prime Minister Scott Morrison said on Monday that Australia will fully reopen its borders to all vaccinated visa holders from February 21, after nearly two years since closing it to non-citizens to mitigate …

    Read More »
  • 7 February 2022 12:48 pm

    German Industrial Production Fell in December

    German industrial production fell in December, as Europe’s largest economy was hit late last year by supply chain crises, official data showed on Monday. Industrial Production in Germany unexpectedly fell in December, suggesting that the manufacturing sector is not back yet. Eurozone’s economic powerhouse’s industrial output fell by 0.3% MoM, …

    Read More »
  • 7 February 2022 12:46 pm

    Nikkei Falls as Industry Shares Decline

    Japan

    Japan’s Nikkei index fell on Monday, with shares of some industrial companies whose financial results were disappointing, while the stock market was affected by persistent fears of a faster global interest rate hike. The Nikkei index compensated some of its losses incurred in early trading, to close down 0.70 percent …

    Read More »
  • 7 February 2022 7:57 am

    Weekly Recap 31 Jan – 4 Feb

    The US dollar ended last week’s trading with losses. The dollar index, which measures the US currency against a basket of major currencies, fell to 95.48 points, compared to 97.13 points posted last week. The Bank of England announced its monetary policy decision on Thursday and raised the benchmark interest …

    Read More »
  • 5 February 2022 4:17 am

    Market Drivers – US Session – 4 February

    The EUR/USD pair posted its largest weekly gain since March 2020, adding roughly 350 pips to reach a fresh 2022 high of 1.1483, to now trade at around 1.1430. The Euro soared following the European Central Bank monetary policy meeting, after President Christine Lagarde surprised market players with her hawkish …

    Read More »
  • 5 February 2022 3:29 am

    Week Ahead: Inflation Data Next Focus For Investors After Bond Yield Spike

    Fierce swinging in stocks and a sharp upping of government bond yields are putting the spotlight on next week’s US inflation data, as investors look forward to more volatility across asset markets.A turbulent week in markets ended with a surge in Treasury yields to their highest level in more than …

    Read More »
  • 5 February 2022 2:31 am

    Latin American Assets Impacted By Strong US Jobs Data

    Most Latin American stocks and currencies fell on Friday after data showing strong jobs growth in the United States created room for a more hawkish US Federal Reserve.MSCI’s index of Latin American currencies. MILA00000CUS fell 0.8% and stocks .MILA00000PUS dropped 0.5%. Still, both the indexes were set for weekly gains …

    Read More »
  • 5 February 2022 1:48 am

    US Stocks Climb While Jobs Data, Earnings Digested

    Investors took the strong jobs showing as a reason for the Federal Reserve to move quickly as it starts to raise interest rates this year. Stocks on Wall Street rose on Friday, as an unexpectedly strong jobs report scrambled investors’ expectations for coming interest rate increases and as the latest …

    Read More »
  • 5 February 2022 1:24 am

    Gold Price Stuck Around $1,800

    The gold market hovers around $1,800 per ounce and might not go anywhere anytime soon as market sentiment among Wall Street traders and analysts remains neutral to bearish. Retail investors remain bullish on gold.Gold prices are caught smack in the middle of opposing forces as the global economy faces rising …

    Read More »
  • 5 February 2022 12:22 am

    US Oil-Drilling Rig Count Up For Second Straight Week

    Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil was up by two to 497 this week. That followed a climb of four oil rigs the week before, Baker Hughes data show. The total active U.S. rig count, which includes those drilling for natural …

    Read More »
  • 4 February 2022 11:21 pm

    EUR/USD’s Bullish Momentum Interrupted By Strong US NFP Data

    Strong US labour market data on Friday caused the EUR/USD’s pair to stumble, though not enough to trigger a lasting reversal back towards 1.1400, the fresh data has at least prevented the pair from breaching January’s highs in the 1.1480s. Though the pair has recovered back from its sub-1.1420 post-NFP …

    Read More »
This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends