FOMC left rates unchanged after the end of its two-day meeting on Wednesday.
Read More »Dell’s Pentagon Deal Raises Questions Over Trump’s Investments
A massive $9.7 billion Pentagon contract has triggered political debate in Washington after concerns…
Dollar Holds Firm as Iran Strikes Resume and Rate Hike Fears Simmer: Jobs Data the Week’s Big Test
Key Takeaways Dollar edges up: The DXY rose 0.2% to 99.05 after last week’s decline; euro dipp…
Wall Street Futures Rise Despite Iran Strikes: Nvidia’s “RTX Spark” Superchip Shakes Up AI PC Market
Key Takeaways Futures advance: Dow futures rose 266 points (+0.5%), S&P 500 futures gained 0.3%,…
UK Manufacturing Hits 4-Year High: Iran War Supply Chain Chaos Drives Input Prices to Near 4-Year Peak
Key Takeaways Strongest expansion in 4 years: The S&P Global UK Manufacturing PMI rose to 53.9 i…
CENTCOM Strikes Iran Radar Sites as IRGC Hits Back: Trump Says “Iran Really Wants to Make a Deal”
Key Takeaways CENTCOM confirms strikes: The U.S. military hit radar and command sites in Goruk and Q…
Gold Slips as Weekend Iran Strikes Crush Ceasefire Hopes: Rate Hike Fears Override Safe-Haven Appeal
Key Takeaways Gold falls: Spot gold dropped 0.8% to $4,501.54 per ounce, while U.S. gold futures dec…
Oil Roars Back 3% as U.S.-Iran Weekend Strikes and Israel’s Lebanon Push Reignite Supply Fears
Key Takeaways Sharp rebound: Brent crude rose 2.8% to $93.63 per barrel, while WTI advanced 3.1% to …
Weekly Recap: Wall Street Ends May at Record Highs While Oil and Dollar Retreat
Global financial markets closed out May 2026 amid one of the most dynamic and eventful trading envir…
Sticky PCE Inflation Supercharges Dollar, Deepens Pressure on Japanese Yen
The Japanese Yen remained under heavy pressure Friday after fresh US inflation data reinforced expec…
Wall Street Rallies on Trump’s Iran Deal Optimism Despite Major Gaps in Reality
US markets surged to fresh record highs Friday after President Donald Trump signaled that a long-awa…
Market Analysis
September, 2021
-
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.
Read More » -
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 …
Read More » -
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 …
Read More » -
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 …
Read More » -
22 September 2021 3:40 pm
Germany’s IFO Cuts 2021 GDP Growth Forecast to 2.5%
The German Ifo Institute announced this morning, Wednesday, that it has reduced its economic growth forecast in Germany during the current year, as the expectations of experts at the institute indicate that the German economy will grow by about 2.5% during 2021 due to the fluctuations in supply chains and …
Read More » -
22 September 2021 3:21 pm
Why is Fed’s September meeting so important?
Wednesday will witness the outcome of the Federal Reserve’s September meeting ending at 2:30 pm ET and policy makers still have 3 monetary policy announcements before the end of 2021the year. The meeting is expected to address the taper timeline, however investors eye the taper start date, in particular, so …
Read More » -
22 September 2021 3:05 pm
Currencies Overview: The Dollar is Under Test
The dollar rose in early European trading on Wednesday, but moves were set before the conclusion of a crucial Federal Reserve meeting later in the session. The dollar index, which measures the greenback against a basket of six other currencies, was up 0.1% at 93.255, away from Tuesday’s high of …
Read More » -
22 September 2021 2:18 pm
European Shares Rise, Supported by Evergrande
European shares rose on Wednesday, recovering from early-week losses after debt-laden China’s Evergrande said it would make some interest payments, while travel and leisure shares jumped to a 14-week high. Frankfurt-listed Evergrande shares jumped 15.1 percent after hitting multi-year lows in the previous session. The real estate developer said it …
Read More » -
22 September 2021 2:09 pm
Nikkei Hits Two-Week Low Amid Caution Ahead of Fed Meeting
The Nikkei hit a more than two-week low on Wednesday, September 22nd, as investors cautiously looked to the outcome of the US Federal Reserve meeting for more indications on when to end stimulus and raise interest rates. The benchmark index closed down 0.67% at 29639.40 points, while the broader TOPIX …
Read More » -
22 September 2021 1:15 pm
FED Preview: May Not Announce a Timetable
The Fed has the tough job of reassuring markets after the Evergand crisis and two weeks of mounting losses in stocks as the US economy struggles with declining jobs and the worst inflation in a decade. The meeting is expected to address the taper timeline, however, investors eye the taper …
Read More » -
21 September 2021 11:53 pm
Ripple Legal Team: No plans to settle lawsuit with SEC
Ripple Labs’ legal team said that there is no intention to reach a settlement in their lawsuit with the U.S. Securities and Exchange Commission.The top US financial regulator alleges that Ripple has been selling XRP as an unregistered securities since 2013. The legal battle began in December 2020 AND provides …
Read More » -
21 September 2021 11:35 pm
Shell’s Texas assets Sale is biggest recent transaction
Royal Dutch Shell said it was selling off all oil and gas assets in Texas’s Permian Basin for USD 9.5 billion in cash. The buyer is ConocoPhillips.The sale deal covers the net of 225000 acres of land in the Permian, accounting for the production of 175,000 barrels of fuel per …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations