Open Demo Account

Market Analysis

October, 2021

  • 27 October 2021 1:30 pm

    Market Drivers – Asian Session 27-10-2021

    The Nikkei index fell eight points to close at 29,098.24 points, maintaining most of the gains it made in the past days, which amounted to about 500 points. The index had fallen earlier today to 28,870.25 points. But the broader Topix index fell 0.23 percent to 2013.81 points. In a …

    Read More »
  • 27 October 2021 1:07 pm

    Nikkei Recovers Early Losses to Close Flat

    The Nikkei index recovered its previous losses to end the day unchanged, as strong results for companies supported the market, despite the effect of the state of caution and anticipation ahead of the parliamentary elections at the weekend. The Nikkei index fell eight points to close at 29,098.24 points, maintaining …

    Read More »
  • 27 October 2021 12:30 pm

    Crude Oil Fell by 1% Post Data

    Oil, Crude, trading

    Read More »
  • 27 October 2021 9:22 am

    Traders pronounce doubts on Bank of Canada’s rate hike schedule

    Investors await fiscal policy announcement, Wednesday, for clues that Canada’s central bank is turning more hawkish. Led by Governor Tiff Macklem, the Bank of Canada is expected on Wednesday to raise its inflation forecast and to largely end stimulus related bond buying program, starting a countdown of sorts to the …

    Read More »
  • 27 October 2021 8:42 am

    Market Drivers – U. S. Session 26-10-2021

    WTI US crude oil rises during the New York session, trading at $84.30. The market sentiment has remained positive as U. S. shares are supported by U. S. Q3 solid corporate earnings, which helped ease investors’ nervousness around high inflation and central bank monetary policy tightening.In the meantime, the US …

    Read More »
  • 27 October 2021 2:26 am

    Volatility raises investors’ concerns on energy and commodities

    Energy is currently the number one ranked U.S. sector in terms of risk adjustments due to steep rise that has occurred over September. Investors should be weary of the energy sector because although it is ranked first, it is highly volatile when it comes to investing in securities that experience …

    Read More »
  • 27 October 2021 1:52 am

    Long term Bitcoin holders continue maneuvering

    Bitcoin traded within a significantly tight range on Tuesday as extreme bullish sentiment appears to retreat. The cryptocurrency was trading at around $62,000 is roughly flat over the past 24 hours.The Bitcoin Fear & Greed Index is starting to decline from its highest level in more than seven months, and …

    Read More »
  • 27 October 2021 1:30 am

    October: Delta left behind and U. S. economy improves

    Americans welcome winter weather as temperatures drop, but the market is getting warmer and even hotter. The U. S. economy is boomed after the Delta wave had caused considerable recovery slowdown in August and September. October is witnessing progress on multiple fronts recording overall gains.Americans are spending more. Several signs …

    Read More »
  • 27 October 2021 12:06 am

    Forex market’s tensions accelerated by stances of central banks

    The U. S. dollar ended the trading session with mixed performance. It is particularly stronger against European rivals. EUR/USD pair is down to the lower end of its weekly range, trading in the 1.1590 price zone.GBP/USD settled around 1.3760. The pair received additional pressure from comments by European Commissioner for …

    Read More »
  • 26 October 2021 10:55 pm

    Treasury yields mixed ahead Fed’s meeting

    The U.S. Treasury yields were mixed on Tuesday as investors prepared to filter through a myriad of economic data releases ahead of next week’s Federal Reserve meeting. Yields on 2 to 7 year debt out recorded higher performance, meanwhile the 10-year yield swung between advances and declines and the 30-year …

    Read More »
  • 26 October 2021 10:35 pm

    WTI surges above $84.00 as USD reaps gains

    WTI US crude oil rises during the New York session, trading at $84.30. The market sentiment has remained positive as U. S. shares are supported by U. S. Q3 solid corporate earnings, which helped ease investors’ nervousness around high inflation and central bank monetary policy tightening.In the meantime, the US …

    Read More »
  • 26 October 2021 10:16 pm

    USD/CHF hovers around 0.9200 after failure at 0.9225

    The U. S. dollar has hesitated around 0.9200 on Tuesday. As the USD/CHF pair was able to rebound from 7 week lows at 0.9150, it found resistance at 0.9225 earlier today. As for the broader picture, the USD/CHF remains trapped within a clear downtrend from September highs at 0.9365. The …

    Read More »
  • 26 October 2021 9:38 pm

    Bank of Canada faces challenges on surging inflation

    The Bank of Canada will continue pulling back its stimulus that has been in place to support the economy at a policy decision this week, paving the way for the start of interest rate increases next year amid inflation concerns.Governor Tiff Macklem is expected to reduce weekly government bond purchases …

    Read More »
This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends