Noor Trends News, Technical Analysis, Educational Tools and Recommendations

April, 2021

• 30 April 2021 10:16 pm

  US Crude Oil Exports Fall to 2.7 Million Barrels Per Day in February

  

  The US Energy Information Administration said Friday, April 30 that US crude oil exports fell to 2.703 million barrels per day in February, from 3.165 million barrels per day in January. The government agency added in a monthly report that US gasoline exports fell to 687 thousand barrels per day …

  Read More »
• 30 April 2021 10:15 pm

  EIA: US Oil Production Fell to 9.86 Million Barrels Per Day in February

  

  The US Energy Information Administration said Friday that crude oil production in the United States fell by 1.2 million barrels per day in February to 9.86 million barrels per day. The government agency revised, in a monthly report, oil production for January, down by 21,000 barrels per day to 11.06 …

  Read More »
• 30 April 2021 10:13 pm

  US Consumer Spending And Income Recovered in March

  

  Consumer spending in the United States rebounded in March amid a rise in income, as families received additional aid money linked to the Covid-19 pandemic from the government, laying a solid foundation for a further acceleration in consumption in the second quarter. The Commerce Department said on Friday that consumer …

  Read More »
• 30 April 2021 2:37 pm

  Eurozone Preliminary CPI Rises to 1.6% YoY in April

  

  According to Eurostat’s preliminary reading of the Eurozone CPI report, the annual figure came in at 1.6% in April, matching expectations of 1.6% while accelerating March’s 1.3%. The core figures eased to 0.8%% YoY in April when compared to 0.9% expectations and 0.9% booked in March.

  Read More »
• 30 April 2021 2:20 pm

  The Eurozone Economy Contracted by 0.6% in Q1

  

  The eurozone economy shrank in Q1 2021, as countries implemented new closures and restrictions amid the third wave of coronavirus infections. GDP in the region fell 0.6% quarter-on-quarter, against expectations of a 0.8% contraction, according to preliminary data released by Eurostat. Germany, Italy and Spain all saw a decline in …

  Read More »
• 30 April 2021 2:19 pm

  BNP Paribas Bank posts a profit of 1.8 billion Euros in Q1 of 2021

  

  BNP Paribas Bank announced its data for the first quarter of 2021, recording a net income of 1.8 billion euros, equivalent to 2.18 billion dollars, an increase of 11% from the previous quarter, while analysts expected a net profit of 1.2 billion euros during the first quarter 2021, according to …

  Read More »
• 30 April 2021 1:44 pm

  Barclays Bank’s Earnings Exceeds Expectations in the First Quarter of 2021, at 1.7 Billion Pounds

  

  Barclays Bank announced a net profit for the first quarter of 2021 of 1.7 billion pounds, or 2.37 billion dollars, supported by lower fees for loan impairment. The BoE said these fees fell “dramatically” in the first three months of the year to 55 million pounds – down from 2.1 …

  Read More »
• 30 April 2021 1:42 pm

  AstraZeneca Reports Earnings Per Share of $1.19 in Q1 2021, up 100% Year-on-Year

  

  AstraZeneca reported a 100% year-on-year increase in earnings per share for Q1 of 2021, to $1.19. The company achieved strong revenue growth of 15% in Q1 of 2021 to $7.3 billion, excluding a contribution from the pandemic vaccine COVID-19, revenue growth increased by 11% to $7.04 billion.

  Read More »
• 30 April 2021 12:55 pm

  India Records a Daily Record Increase in Covid-19 Infections

  

  The Indian Ministry of Health data said that India recorded a record daily increase in infections with the Coronavirus, amounting to 386,452 Friday, April 30, while the number of deaths from the virus jumped 3,498 during the past twenty-four hours. According to Reuters statistics, India has added 7.7 million cases …

  Read More »
• 30 April 2021 12:35 pm

  Japan Shares Drop on Tech companies’ And Pandemic Fears

  

  Japanese stocks closed lower Friday, April 30, weighed by disappointing expectations for technology companies, while the rise in the frequency of Covid-19 infections in the country affected investor sentiment. The Nikkei index fell by 0.83% to close at 28812.63 points, while the broader Topix index fell 0.57% to 1898.24 points. …

  Read More »
• 30 April 2021 3:02 am

  The British economy is Expected to Grow Better Than Its US Counterpart in 2021

  

  A report by Goldman Sachs expected that the British economy would record a faster growth pace than its US counterpart, with the acceleration of the distribution of anti-virus vaccines in the United Kingdom. The British government succeeded in delivering the vaccine to nearly half of the UK population, who received …

  Read More »
• 30 April 2021 1:02 am

  Amazon Sales Are up 44% in Q1 2021 and the stock at an All-Time High

  

  Amazon shares rose as much as 3% in post-close trade Thursday April 29th, after the company released its first-quarter earnings, beating Wall Street’s earnings and revenue expectations. The company made profits of $15.79 per share, compared to expectations of $9.54 per share, and revenues of $108.52 billion compared to expectations …

  Read More »
• 29 April 2021 9:43 pm

  US: Weekly Initial Jobless Claims Decline to 553K

  

  There were 553,000 initial claims for unemployment benefits in the US during the week ending April 24, the data published by the US Department of Labor (DOL) showed on Thursday. This reading came in slightly worse than the market expectation of 549,000 but showed an improvement from the previous record …

  Read More »