Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Preliminary data from the Federal Statistics Office showed that Germany’s economy contracted less than expected at 5% in 2020, as the country’s strong response contributed to limiting the damage caused by the Covid-19 pandemic in Europe’s largest economy. The drop in gross domestic product, below Reuters’s forecast of a 5.1% …
Read More »
12 February, 2025 11:14 pm
Wall Street’s Latest Earnings Season: A Story of Two Realities
US companies have delivered a robust earnings season, exceeding expectations and demonstrating signi…
12 February, 2025 10:22 pm
Rate Cuts Sharply Dimmed Following Hot CPI Report, Powell’s Hawkish Rhetoric
Expectations for Federal Reserve interest rate cuts have taken a significant hit following the relea…
12 February, 2025 9:35 pm
Pound Sterling Under Pressure: US CPI Data Triggers Dollar Rally
The GBP/USD fell below 1.2400 after stronger-than-expected US inflation data was released. The pair …
12 February, 2025 8:26 pm
Powell Testimony Live: Will Recent Inflation Data Impact the Fed’s Plans
Jerome Powell, Chairman of the U.S. Federal Reserve (Fed), testifies once again on the semiannual Mo…
12 February, 2025 7:18 pm
US Consumer Price Inflation Exceeds Market Expectations
US consumer price index (CPI) readings for January showed a higher-than-expected increase, driven by…
12 February, 2025 5:23 pm
Oil Prices Decline as U.S. Crude Stockpiles Rise and Powell Signals Cautious Rate Cuts
Oil prices fell on Wednesday, ending a three-day winning streak, as data showed a sharp rise in U.S.…
12 February, 2025 3:16 pm
U.S. Futures Edge Lower Ahead of Key Inflation Report
U.S. stock index futures dipped slightly on Wednesday as investors awaited a crucial consumer inflat…
12 February, 2025 12:56 pm
European Stocks Rise Cautiously Ahead of U.S. Inflation Data
European stock markets edged higher on Wednesday, as investors awaited the latest U.S. inflation rep…
12 February, 2025 11:51 am
Dollar Pauses Tariff-Driven Rally Ahead of U.S. Inflation Data
The U.S. dollar retreated slightly on Wednesday as traders awaited key U.S. inflation data and updat…
12 February, 2025 11:07 am
Gold Retreats from Record Highs as Powell Signals No Rush for Rate Cuts
Gold prices pulled back from record highs in Asian trading on Wednesday, pressured by rising Treasur…
Market Analysis
January, 2021
-
14 January 2021 1:52 pm
China’s Export Growth Exceeds Expectations, Supported by Strong Global Demand
China’s exports increased more than expected in December, customs data said on Thursday, January 14th, as demand for Chinese goods rose due to disruptions caused by the Coronavirus around the world, even as the rise of the yuan made exports more expensive for overseas buyers. A strong domestic recovery also …
Read More » -
14 January 2021 1:18 pm
Oil Prices Are Rising Thanks to Strong Chinese Data And Lower US Inventories
Oil prices rose Thursday, January 14th, after US crude stocks fell for the fifth week in a row and strong data from China showed a rise in imports, but the increase in global coronavirus infections curbed the gains. Brent crude futures gained 13 cents, or 0.2%, to $56.19 a barrel, …
Read More » -
14 January 2021 12:25 pm
Gold Falls With The Rise of US Dollar And US Treasury Yields
Gold prices fell Thursday, January 14th, as US Treasury yields and the dollar rebounded, while investors awaited details about the next US President Joe Biden’s proposal to stimulate the economy. In spot transactions, gold fell 0.1% to $ 1842.51 an ounce, while US gold futures fell 0.8% to $ 1839.80. …
Read More » -
14 January 2021 2:00 am
U.S. House Impeaches Trump for Second Time
The United States House of Representatives on Wednesday impeached President Donald Trump, making him the first president in the history of the U.S. to be impeached twice. All Democrats plus 10 Republicans in the house voted in favor of the articles of impeachment, which charged Trump with inciting an insurrection. …
Read More » -
14 January 2021 1:00 am
Oil Finishes Lower Following EIA’s Weekly Report
Oil prices closed Wednesday lower after a mixed performance, ending a rising trend that lasted for six consecutive sessions. The decline in crude prices came amid the rebound of the U.S. Dollar (USD) and a less than expected draw in American crude inventories coupled with a rise in gasoline and …
Read More » -
13 January 2021 11:43 pm
Fed’s Brainard: It is Too Early to Call Achieving Targets
The United States Federal Reserve will continue to support the economy on its road to recovery from the Coronavirus pandemic, Member of the Federal Reserve Board of Governors, Lael Brainard said on Wednesday, the Wall Street Journal reported. “We are strongly committed to achieving our maximum-employment and average inflation goals.”“It …
Read More » -
13 January 2021 11:20 pm
Gold Prices Close Higher with Investors Turning Eyes to Impeachment
Gold prices rose on Wednesday, after data showed an increase in the inflation rate in the United States and amid anticipation for what could be the second impeachment of President Donald Trump by the House of Representatives. Gold futures for February delivery gained $10.70, or 0.6%, and closed at $1,854.90 …
Read More » -
13 January 2021 11:13 pm
U.S. Records $144 B Budget Deficit in December
The United States public budget deficit registered $144 billion during December of 2020, according to data by the U.S. Department of the Treasury released on Wednesday. The budget deficit compared with about $13 billion for the same period of 2019. It is worth noting that the surge in the deficit …
Read More » -
13 January 2021 10:00 pm
European Stocks Close Wednesday Higher
European stocks rose on Wednesday, supported by the rollout of Coronavirus vaccines and the effectiveness of preventive measurements against the pandemic’s new wave. The pan-European STOXX 600 index finished higher by 0.17%. The French index CAC40 closed higher by 0.21%, while the German benchmark index DAX rise by 0.11%. Meanwhile, …
Read More » -
13 January 2021 8:29 pm
Dollar Returns to Showing Rebound Signs
The U.S. Dollar (USD) is rising on Wednesday, after closing Tuesday on a lower note, and following the release of the consumer price index update. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six international rivals, is up by 0.31% at 90.37, noting that it …
Read More » -
13 January 2021 8:25 pm
U.S. House Moving Forward with Impeaching Trump a Second Time
The United States House of Representatives is going through on Wednesday with impeachment procedures against President Donald Trump. This would be the first time in U.S. history that a president is impeached twice. It has been reported that some Republicans in the House are set to vote in favor of …
Read More » -
13 January 2021 7:41 pm
U.S. Oil Inventories Down 3.2 M Barrels in Week: EIA
Crude oil inventories in the United States decreased by 3.2 million barrels last week, according to the U.S. Energy Information Administration’s (EIA) weekly report released on Wednesday.
Read More »