Noor Trends News, Technical Analysis, Educational Tools and Recommendations

September, 2021

• 23 September 2021 2:47 am

  Eurozone consumer confidence rises beyond expectations

  

  The Eurozone’s consumer confidence index has risen in September as the spread of the Delta variant was managed and controlled as continent wide lockdown restrictions were eased.The European Commission said Wednesday that its measure of consumer confidence in the single-currency area rose to -4 (flash) from -5.3 in August. This …

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• 23 September 2021 2:31 am

  Stock benchmarks gain around 1.0% each as Powell flagged taper

  

  U. S. shares have ended the key trading sessions surprisingly on a positive side, despite the Federal Reserve’s hint for tapering. The market’s reaction to the Federal Reserve’s announcements was originally expected to represent a low and favored securities, which kept the gains even as Chairman Jerome Powell supported the …

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• 23 September 2021 1:44 am

  Most important outcomes of Powell’s statements

  

  Federal Reserve Chair Jerome Powell indicated that job gains have been very strong since January, but in August employment data slowed down markedly, particularly in leisure and hospitality sectors.Powell seemed optimistic about “Virus fears weighing on employment growth”, and expected that such concerns “should diminish over time”.Powell’s statements were as …

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• 23 September 2021 1:15 am

  Federal Reserve issues FOMC statement (Full text)

  

  The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most …

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• 22 September 2021 10:52 pm

  Fed Leaves Policy Rate Unchanged

  

  The Federal Open Market Committee (FOMC) announced on Wednesday that it left the benchmark interest rate, the target range for federal funds, unchanged at 0%-0.25% as widely expected. In its policy statement, the Fed noted that if progress continues toward employment and inflation goals broadly as expected, a moderation in …

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• 22 September 2021 10:45 pm

  Fed signals taper coming soon, rate hike shifts to 2022

  

  The Federal Reserve on Wednesday clarifed the way to reduce its monthly bond purchases soon. The U. S. Fed signaled that interest rate increases may follow more quickly than expected, with nine of 18 U.S. central bank policymakers projecting borrowing costs will need to rise in 2022.

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• 22 September 2021 10:29 pm

  Fed hasn’t mentioned tapering schedule

  

  The U. S. Federal Reserve left interest rates unchanged at 0-0.25%, as wholly expected. The decision was taken unanimously.Indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but the rise in COVID-19 cases has slowed the …

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• 22 September 2021 10:25 pm

  Fed is optimistic about economic activity

  

  The U. S. Federal Reserve left interest rates unchanged at 0-0.25%, as wholly expected. The decision was taken unanimously.Indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but the rise in COVID-19 cases has slowed the …

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• 22 September 2021 10:16 pm

  FOMC left rates unchanged

  FOMC left rates unchanged after the end of its two-day meeting on Wednesday.   

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• 22 September 2021 10:10 pm

  Fed left Interest rates unchanged

  

  Federal Reserve has announced that the interest rate will remain unchanged. Powell is expected to signal that the central bank will soon slow its large bond-buying program in a move that would be a first step in weaning the economy off its pandemic support.

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• 22 September 2021 9:10 pm

  London plays down joining N. American trade partnership

  

  The British government has played down the possibility of any immediate moves to join a North American free trade area with the US, Mexico and Canada.10 Downing Street has insisted that Boris Johnson’s priority is still a stand-alone deal with Washington.The idea of a British bid to join the USMCA …

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• 22 September 2021 7:59 pm

  Existing U.S. home sales fall in August

  

  Sales of existing homes fell in August and prices that have been soaring eased, the latest sign the housing market is cooling as intense competition keeps potential buyers on alert.“Existing homes sales fell 2 per cent last month from July to an annual rate of 5.88 million units”, the National …

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• 22 September 2021 4:55 pm

  The Bank of Japan Keeps Interest Rates Unchanged

  

  The Bank of Japan left its key short-term interest rate unchanged at -0.1%, and kept the target for the 10-year government bond yield at around 0% during its September meeting with an 8-1 vote, as expected. However, policymakers’ outlook came bleak on exports and factory production amid supply chain turmoil …

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