Noor Trends News, Technical Analysis, Educational Tools and Recommendations

November, 2021

• 9 November 2021 3:47 pm

  Gold Settles Near a Two-Month Top, Attention Turns to US Inflation Data

  

  Gold prices hovered near two-month highs on Tuesday, supported by weaker dollar and US Treasury yields, as investors awaited US inflation data in an attempt to speculate on the Federal Reserve’s next move on interest rates. The price of gold did not witness little change in transactions, and it recorded …

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• 9 November 2021 3:00 pm

  A Slight Decline in Oil Prices After Two Consecutive Days of Gains

  

  Oil prices fell, in trading today, Tuesday, after two consecutive sessions of gains supported by the American infrastructure bill, Chinese exports, the global recovery after the pandemic, and the raising of expectations for fuel demand. Brent crude was down 10 cents at $83.33 a barrel, after rising 0.8% on Monday, …

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• 9 November 2021 2:23 pm

  German ZEW Economic Sentiment Index Jumps in November

  

  The German ZEW headline numbers for November showed that the Economic Sentiment Index unexpectedly improved to 31.7 from 22.3 previous while beating estimates of 19.0. The Current Conditions sub-index dropped to 12.5 in November as against 21.6 recorded in the previous month and 18.0 expectations.

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• 9 November 2021 2:05 pm

  German Exports Declined For The Second Month in a Row in September

  

  Germany’s exports fell for a second straight month in September, while imports nearly stagnated, the statistics office said on Tuesday, in a new sign that supply chain disruptions are undermining the recovery of Europe’s largest economy. Seasonally adjusted exports fell 0.7% during the month to 112.3 billion euros ($129.75 billion), …

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• 9 November 2021 1:34 pm

  Market Drivers – Asian Session 09-11-2021

  

  The Asian session on Tuesday was quiet, with Asian stocks looking for a clear direction. The Nikkei index closed down 0.75 percent to 29,285.46 points, after rising 0.82 percent earlier in the session. The broader Topix index fell 0.81 percent to 2018.77 points. Many technology-related stocks shone, led by SoftBank …

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• 9 November 2021 12:58 pm

  The Rise of The Yen Brings Japanese Nikkei Down

  

  The Nikkei index retreated from mid-session gains, to close lower on Tuesday, November 9, pressured by the rise in the yen and some disappointing business results, but the rise of technology shares led by Softbank Group limited losses. The Nikkei index closed down 0.75% to 29285.46 points, after rising 0.82% …

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• 9 November 2021 3:37 am

  Market Drivers – U. S. Session – 08-11-2021

  

  Weaker USD profile prevailed all through the U. S. trading session on Monday. The GBP/USD pair has jumped to 1.3530-35 by weaker USD and EUR/USD was another pair that similarly benefited from the same reason, while Treasury yields continued surging and Gold touched fresh highs. Inflation is still impacting monetary …

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• 9 November 2021 3:08 am

  Why Bitcoin Jumped on Monday

  

  Bitcoin has been climbing since early Saturday morning. Truth to say regulation and taxation are on the way with steady steps, but that may be also good news, not only for Bitcoin, but also for , Ethereum, and Dogecoin as well.The value of cryptocurrencies jumped over the weekend and the …

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• 9 November 2021 2:55 am

  Fed Survey: U. S. Credit Rules Eased

  

  Banks largely eased credit standards for businesses, commercial real estate investors and households in Q3, as the U.S. economy weathered the latest wave of the coronavirus pandemic, a Federal Reserve survey reported on Monday.The Fed’s Senior Loan Officer Survey, offering evidence of continued economic momentum, said banks “generally reported having …

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• 9 November 2021 2:22 am

  Fed: U. S. Economy at Risk by China’s Collapsing Real Estate

  

  The Federal Reserve Bank warned on Monday that stresses in the Chinese real estate sector posed risk to the US financial system, pointing out that the impact of the heavily indebted property companies like Evergrande could be a potential source of worldwide contagion.“Given the size of China’s economy and financial …

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• 9 November 2021 2:02 am

  Positive Sentiment Keeps AUD/USD Firmer

  

  AUD/USD holds onto Monday’s gains past 0.7400, edging higher around 0.7420 during the early Tuesday morning in Asia. The risk weatherglass pair recovered from the monthly low on Friday amid mixed concerns while a sluggish start to the week and the downbeat US dollar helped the AUD pair post the …

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• 9 November 2021 12:25 am

  EUR/USD Benefits from U. S. Dollar’s Weakness

  

  EUR/USD advances to begin the trading week on the right stance, up 0.18%, trading at 1.1587 during the day, as positive market sentiment as witnessed by rising US stock indices prevails the financial markets. In the Forex market, risk-sensitive currencies rise, with the NZD, the GBP, and the AUD, as …

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• 8 November 2021 10:50 pm

  U. S. Shares Jump Over Improved sentiment

  

  The S&P 500 has edged higher in the New York session, up by 0.08%, to settle at 4,701.The Dow Jones Industrial has added 0.23%, up to 36,412, while the Nasdaq has fallen by 0.01%, at 16,358. Positive U. S. jobs data last Friday, in addition to tapering by the U. …

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