Noor Trends News, Technical Analysis, Educational Tools and Recommendations
The US Dollar Index (DXY) traded mixed on Monday as investors continued to grapple with rising geopolitical tensions in the Middle East and the implications of Friday’s strong jobs report. Despite higher US yields, the DXY remained near recent peaks above 102.00.Key Economic Events for Tuesday, October 8:US: NFIB Business …
Read More »
22 April, 2025 1:47 am
These Assets Could Be Most Impacted If Trump Decides To Fire Fed Chair
This report examines whether a Federal Reserve Chair has ever been fired by a U.S. president, analyz…
22 April, 2025 1:34 am
US Dollar Plummets to Three-Year Low Amid Fed Independence Fears
The US Dollar Index (DXY) is reeling near 98.50, marking a three-year low after a sharp decline on M…
21 April, 2025 11:37 pm
Bitcoin Rallies 2% to $86,955: Whale Accumulation and Predictions Signal Volatility Ahead
Bitcoin is riding a wave of bullish momentum, trading at $86,955 with a 2% gain as of April 21, 2025…
21 April, 2025 10:22 pm
Tech and Media Stocks Tumble Amid Tariff Fears and Economic Uncertainty
Wall Street kicked off the week with sharp declines, as tariff uncertainties and economic concerns r…
21 April, 2025 9:20 pm
USD/CAD Price Analysis: Political Pressures Weigh on US Dollar
The USD/CAD currency pair is experiencing downward pressure, hovering around the 1.3800 level as the…
21 April, 2025 8:51 pm
Oil Prices Slide As US-Iran Talks Progress, Demand Fears Accelerate
Oil prices tumbled nearly 3% on April 21, 2025, as signs of progress in US-Iran nuclear talks and mo…
21 April, 2025 7:53 pm
Gold Soars to Record High Near $3,425 Amid Trump-Powell Feud, Trade Tensions
Gold prices skyrocketed to a record high near $3,425 during North American trading hours on Monday, …
21 April, 2025 2:59 pm
U.S. Stock Futures Slide as Trump-Powell Rift Undermines Market Confidence
U.S. stock index futures fell sharply on Monday as investors reacted to mounting tensions between Pr…
21 April, 2025 1:32 pm
Dollar Plunges to Multi-Year Lows as Trump’s Fed Shake-Up Plan Jolts Investor Confidence
The U.S. dollar tumbled sharply on Monday, hitting multi-year lows against key global currencies, as…
21 April, 2025 12:36 pm
Oil Prices Slip Nearly 2% as U.S.-Iran Nuclear Talks and Russia-Ukraine Ceasefire Ease Supply Concerns
Oil prices fell sharply in early Asian trading on Monday, as progress in U.S.-Iran nuclear negotiati…
Market Analysis
October, 2024
-
8 October 2024 1:05 am
DXY Seen Softer Ahead of FOMC Minutes
The US Dollar Index, which measures the value of the USD against a basket of currencies, witnessed a calm Monday session with mild losses, holding steady despite elevated levels near last week’s highs. Amidst ongoing Middle East tensions, market participants await key events this week, including the release of the …
Read More » -
8 October 2024 12:02 am
Dow Jones Hit By Risk Aversion
The Dow Jones Industrial Average (DJIA) shed around 500 points on a shaky market Monday, with risk appetite shriveling on the back of decreased rate cut expectations and tensions in the Middle East running on the hot side. Markets expect less than 50 bps in further rate cuts from the …
Read More » -
7 October 2024 10:59 pm
CAD dragged lower on risk aversion
The Canadian Dollar (CAD) backslid into long-term averages against the US Dollar on Monday, with markets opening up the new trading week notably on the back foot. Investors pulled back into the safety of the Greenback, sending the Canadian Dollar skidding into three-week lows. Meaningful economic data from Canada remains …
Read More » -
7 October 2024 10:20 pm
Crypto investment hit record outflows amid Middle East tensions
Bitcoin is trading around the $63,000 level on Monday as a CoinShares report reveals that crypto investment products recorded outflows totaling $147 million last week, breaking their three-week inflow streak.Crypto assets witness outflows stirred by negative flows in Bitcoin ETFsCrypto ETFs recorded outflows totaling $147 million last week, according to …
Read More » -
7 October 2024 9:21 pm
Will German Growth Make Use of Chinese Stimulus?
For years, Chinese industrial orders helped create and support thousands of well-paid jobs in Germany. But the Asian giant’s economic slowdown has led to lower demand for German goods and dampened growth prospects.China has long been a key market for German industrial companies, especially in the automotive and machinery sectors.The …
Read More » -
7 October 2024 7:46 pm
Crypto investment records outflows of $147 million amid Middle East tension
Digital asset investment products witnessed outflows totaling $147 million last week.Bitcoin ETFs were the center of focus, with $159 million in outflows after heightened Middle East war tension. Ethereum also saw outflows of $29 million, while Solana and multi-asset products recorded inflows.Bitcoin (BTC) is trading around the $63,000 level on …
Read More » -
7 October 2024 3:46 pm
Oil Prices Surge as Middle East Tensions Raise Supply Concerns
Oil prices extended their rally on Monday, with Brent crude approaching $80 a barrel. This follows last week’s sharpest weekly increase since early 2023, fueled by fears of an escalating Middle East conflict that could disrupt exports from the region. As of 0839 GMT, Brent crude futures rose by $1.11, …
Read More » -
7 October 2024 1:05 pm
U.S. Dollar Holds Steady as Traders Await Inflation Data, Fed Minutes
The U.S. dollar stabilized on Monday, retaining the gains made after Friday’s robust jobs report, as traders gear up for a week filled with key inflation data and the release of the Federal Reserve’s latest meeting minutes. At 04:00 ET (08:00 GMT), the Dollar Index, which measures the greenback against …
Read More » -
7 October 2024 11:58 am
European Stocks Slip as U.S. Jobs Euphoria Fades, Higher Bond Yields Pressure Real Estate and Utilities
European stocks edged lower on Monday as the initial optimism from strong U.S. jobs data faded, with rate-sensitive sectors like real estate and utilities feeling the impact of rising bond yields. As of 0726 GMT, the pan-European STOXX 600 index had dipped 0.2%, with real estate and utilities sectors falling …
Read More » -
7 October 2024 10:44 am
Gold Prices Slip Amid Strong U.S. Payroll Data, Rate Cut Bets Shift
Gold prices edged lower in Asian trading on Monday, retreating from recent record highs as stronger-than-expected U.S. payroll data tempered expectations for a significant interest rate cut by the Federal Reserve. The precious metal declined after the robust jobs data sent the U.S. dollar and Treasury yields higher, with traders …
Read More » -
7 October 2024 10:03 am
Asian Markets Climb, Led by Japan, Amid Strong U.S. Jobs Data and Optimism Over Chinese Stimulus
Asian stock markets advanced on Monday, with Japanese equities leading the gains, as robust U.S. payroll data eased concerns about an economic slowdown. Hopes for additional stimulus measures in China also bolstered investor sentiment. Stocks in the region took positive cues from a strong rally on Wall Street last Friday, …
Read More » -
7 October 2024 1:37 am
Weekly Reap: Key Assets Have To Navigate Amid Uncertainties In Q4
Most financial market entered Q4 with a volatile earthquake, largely due to the heightened uncertainty surrounding four key factors: the US labour market, East Coast port strikes, Middle Eastern tensions, and the impending US presidential election. However, the previous trading week brought a glimmer of relief, as the US nonfarm …
Read More »