Noor Trends News, Technical Analysis, Educational Tools and Recommendations

September, 2021

• 9 September 2021 2:20 pm

  Oil Rises For The Second Session, Supported by The Decline in US Production

  

  Oil prices rose for the second session on Thursday, compensating for losses incurred earlier in the session, as the market received support from the decline in US production in the Gulf of Mexico due to the damage caused by Hurricane Ida. By 0616 GMT, Brent crude rose 26 cents, or …

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• 9 September 2021 1:45 pm

  Gold Falls With The Rise of The Dollar And Global Growth Concerns

  

  Gold fell, as the dollar’s rise and concerns about global growth affected risk appetite, while investors awaited any signals from major central banks after policymakers hinted at their support for reducing pandemic-era stimulus measures. Spot gold fell 0.1 percent to $1,788.11 an ounce, hovering near a two-week low reached in …

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• 9 September 2021 1:15 pm

  European Shares Decline Ahead of ECB

  

  European shares fell, tracking Asian shares slump amid fears of slowing global growth, while expectations are growing that the European Central Bank will announce a timetable to slow bond purchases later in the day. The European Stoxx 600 index fell 0.8 percent to its lowest level in three weeks, and …

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• 9 September 2021 12:45 pm

  Nikkei Retreats From 6-Month High on Fears of Slowing Growth

  

  The Nikkei index fell from a six-month high to close lower on Thursday, in line with global markets as fears grew of slowing economic growth due to the mutated delta strain of the rapidly spreading Coronavirus. The Nikkei closed down 0.57 percent at 30,008.19 points, halting eight consecutive days of …

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• 8 September 2021 6:12 pm

  Bank of Canada Unchanged in September as Expected

  

  The Bank of Canada (BoC) announced on Wednesday that it left its key rate unchanged at 0.25% following the July policy meeting as expected. Moreover, the bank said that it will continue to purchase government of Canada bonds at a target weekly rate of C$2 billion.

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• 8 September 2021 5:11 pm

  The US Dollar Records The Third Daily Rise in a Row

  The US dollar continued to rise during trading on Wednesday for the third consecutive day, after the strong decline that it recorded at the end of last week, on the back of negative economic data in the United States last August. The statements of the members of the US Federal …

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• 8 September 2021 4:07 pm

  Gold Settles Below $ 1,800 as Markets Await Indicators From Central Banks

  

  Gold prices stabilized today, Wednesday, below the important level of 1,800 dollars, as the rise of the dollar led to an increase in the cost of gold to holders of other currencies, while investors awaited indications from the major central banks regarding measures to reduce stimulus. And gold settled in …

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• 8 September 2021 3:12 pm

  European Stocks Down Ahead of ECB Meeting

  

  European stocks fell, as concerns about slowing global growth weighed on sentiment, while investors’ eyes turned to the European Central Bank meeting for indications on plans to reduce stimulus. The European Stoxx 600 index fell by 1% and is on track to record its largest daily drop in three weeks, …

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• 8 September 2021 2:34 pm

  Nikkei Closes at Nearly 6-month high on Bargain Hunting For Cheap Stocks

  

  On Wednesday, the Nikkei average closed at its highest level in nearly six months as investors bought cheap shares on the hope of an economic recovery, while SoftBank shares jumped thanks to a revenue-sharing deal with Deutsche Telekom. The Nikkei rose 0.89 percent to 30,181.21 points, its highest level since …

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• 8 September 2021 1:38 pm

  BoC: Forecasts From Three Major Banks

  

  The Bank of Canada (BoC) is widely expected to keep its QE program and the policy rate of 0.25% unchanged following the September meeting on Wednesday 8 at 14:00 GMT NBF “The central bank’s monetary policy meeting should be a quiet affair, with no substantive policy changes expected and no …

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• 8 September 2021 12:44 pm

  BoC: Not Looking For a Change in Policy

  

  Markets await the Bank of Canada’s rate decision today, Wednesday, with market expectations that the central bank will remain unchanged and maintain rates at current low levels. However, restrictions are limiting the Bank of Canada’s movements, the first of which is the delta mutant of the Coronavirus and the rapid …

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• 8 September 2021 3:20 am

  NBA Star Grabs Attention with Crypto Message

  

  Stephen Curry, star of the National Basketball Association (NBA) league, who plays for the San Francisco, California-based Golden State Warriors, recently attracted the attention of crypto enthusiasts after asking for advice. “Just getting started in the crypto game…y’all got any advice??” Curry tweeted on Tuesday. Afterward, Curry retweeted an announcement …

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• 8 September 2021 3:03 am

  Fauci: Vaccine Booster Might Be the New Normal

  

  Director of the U.S. National Institute of Allergy and Infectious Diseases and the Chief Medical Advisor to the White House, Anthony Fauci, believes that a third vaccine jab will soon be the norm. “We don’t want to wait until things start going bad and then make a plan,” he reportedly …

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