Noor Trends News, Technical Analysis, Educational Tools and Recommendations

December, 2021

• 16 December 2021 3:00 am

  The US Dollar Surges After Fed Speeds Taper

  

  The U.S. dollar strengthened versus major rivals Wednesday after the Federal Reserve, as expected, moved to accelerate the wind-down of its monthly bond purchases, putting them on track to finish by March. The Fed’s move is also seen clearing the way for rate increases, with policy makers penciling in three …

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• 16 December 2021 12:49 am

  Powell: Fed can’t wait too long for maximum employment

  

  The Federal Reserve Bank Chair Jerome Powell said in his post-Fed meeting press conference that with inflation so far above the Fed’s 2.0% target, we can’t wait too long to get back to maximum employment. Key Remarks: “Inflation that we’ve got is not at all what we were looking for …

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• 16 December 2021 12:25 am

  Fed’s Meeting Sends Major Signals To Financial Markets

  

  The Federal Reserve sent to the financial markets multiple indications on Wednesday immediately after concluding the two-day policymaking meeting. The US Federal Reserve announced on Wednesday that the FOMC had agreed to leave the Federal Funds target range unchanged at 0.0-0.25%, in line with expectations. Moreover, the pace of the …

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• 15 December 2021 11:43 pm

  3 Rate Hikes For 2022; Stock Market Rises

  

  The Federal Reserve said Wednesday that it will halt crisis-driven asset purchases early next year, setting the stage for three interest-rate hikes in 2022 to help counter the threat of persistently high inflation. The stock market, which was lower as investors braced for Fed meeting news, improved, with the Dow …

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• 15 December 2021 11:16 pm

  Fed Paves The Way For Earlier Faster Interest Rate Hikes

  

  In an effort to contain price increases that hit a 39-year high last month, the Fed on Wednesday agreed to clear the way for earlier and faster interest rate hikes in 2022 by accelerating the phase-out of its bond-buying stimulus.The Fed’s policymaking committee left its benchmark rate near zero but …

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• 15 December 2021 10:55 pm

  All Except Tech Shares Awaiting Powell’s Statements

  

  Tech shares investors are not waiting around for Powell to tell what economist and traders already know: The Fed is about to get very serious about inflation. The remainder of the market is waiting and holding their breath.The Dow Jones Index is flat. The S&P 500 is down just 0.2%. …

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• 15 December 2021 10:34 pm

  BOC’s Expects Greater Use of Guidance, QE to Reach Inflation Target

  

  Given the low level of global rates, Bank of Canada Gov. Tiff Macklem said the central bank may need to make more use of forward guidance and large-scale asset purchases in response to future economic shocks to ensure inflation reaches its 2% target.In a speech Wednesday, Macklem provided more insight …

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• 15 December 2021 9:59 pm

  Treasury Yields Inch Up Ahead of Fed Statement

  

  Investors are digesting data on retail sales and look for update on plan to wind down bond-buying program. Sales at US retail stores, online sellers and restaurants rose by a seasonally adjusted 0.3% in November from the previous month, the Commerce Department reported. US government bond yields edged higher Wednesday, …

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• 15 December 2021 9:12 pm

  Canada’s Inflation Pressures Continues To Widen

  

  The annual inflation rate in Canada remains at 4.7% in November. Analysts point out that inflation pressure continues to broaden; that combined with a stronger labour market will prompt a rate hike from the Bank of Canada during the second quarter of next year. Canada’s headline inflation rate was unchanged …

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• 15 December 2021 8:58 pm

  Weaker Demand Signals Pull WTI Crude Lower

  

  New York Mercantile Exchange oil futures and the nearest delivered Brent contract on the Intercontinental Exchange extended losses into a third successive session Wednesday, with investors keeping risk appetite in check following the outlook for lower demand growth next year hit by the rapidly spreading omicron variant. Market attention has …

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• 15 December 2021 8:49 pm

  Under Pressure, Fed Weighs Inflation Surge Against Omicron Fears

  

  The Federal Reserve is expected on Wednesday to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate increases next year as a guard against surging inflation.The identification of the Omicron coronavirus variant last month has added a new level …

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• 15 December 2021 8:11 pm

  Gold Slides Ahead FOMC Decisions

  

  Gold is falling on Wednesday, before the decision of the Federal Reserve. Recently it bottomed at $1763m the lowest since December 3 and then rebounded toward $1770. Price is moving sideways with a bearish bias.The US November retail sales report came in below expectations and boosted gold for a few …

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• 15 December 2021 5:57 pm

  Market Drivers – European Session 15-12-2021

  

  Markets are in anticipation and calm ahead of the Fed meeting. European shares rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision, which is likely to tilt the pandemic’s stimulus back at a faster pace to counter growing inflation risks. The pan-European Stoxx 600 index rose 0.5 …

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