Noor Trends News, Technical Analysis, Educational Tools and Recommendations

April, 2021

• 23 April 2021 12:40 pm

  Japan to Declare COVID-19 State of Emergency in Tokyo, Osaka Region

  

  Japanese stocks closed lower on Friday, April 23, as tighter government restrictions to contain COVID-19 infections raised concerns about the economy’s recovery, while disappointing expectations from nedec reinforced the cautious atmosphere at the start of the corporate earnings announcements season. The Nikkei index fell 0.57% to close at 29020.63 points, …

  Read More »
• 23 April 2021 12:20 pm

  Japan Stocks Tumbled on Pandemic Fears

  

  Japanese stocks closed lower on Friday, April 23, as tighter government restrictions to contain COVID-19 infections raised concerns about the economy’s recovery, while disappointing expectations from nedec reinforced the cautious atmosphere at the start of the corporate earnings announcements season. The Nikkei index fell 0.57% to close at 29020.63 points, …

  Read More »
• 23 April 2021 2:45 am

  Wall Street Closes in Red on New Tax Concerns

  

  The New York Stock Exchange (NYSE) declined on Thursday, closing on sharp losses that marked the worst daily performance on Wall Street since early March. News about U.S. President Joe Biden preparing a new proposal to tax the wealthiest Americans and raise the capital gains tax to fund public expenditure …

  Read More »
• 23 April 2021 2:25 am

  Oil Futures Close on Marginal Gains

  

  Oil prices registered modest gains on Thursday, following strong losses yesterday to their lowest level in a week due to concerns about the coronavirus pandemic. Brent crude futures for June delivery rose by 8 cents, or 0.1%, to close at $65.40 per barrel. Meanwhile, the West Texas Intermediate (WTI) crude …

  Read More »
• 23 April 2021 1:52 am

  Gold Declines Following Two Consecutive Rises

  

  Gold prices closed Thursday lower, declining for the first time in three sessions, following a surge to their highest level in about two months on Wednesday. Gold futures for June delivery declined by $11.10, or 0.6%, to finish at $1,782 per ounce. Meanwhile, silver futures for May delivery lost 39 …

  Read More »
• 23 April 2021 1:52 am

  European Stocks Rise on Positive Earnings and ECB Decision

  

  European stocks registered gains on Thursday, nearing their record highs, supported by a number of positive earnings reports by some major listed companies and following the European Central Bank’s decision to maintain its policy unchanged. The STOXX Europe 600 index rose for the second consecutive day, finishing higher by 0.68%, …

  Read More »
• 23 April 2021 1:38 am

  U.S. New Jobless Claims Decline to 13-Month Low

  

  New initial jobless claims in the United States declined to their lowest level in 13 months last week, data showed on Thursday. The number of U.S. citizens who applied for unemployment benefits declined by 39,000 to a seasonally adjusted level of 547,000 in the week ended April 17. This is …

  Read More »
• 23 April 2021 1:31 am

  U.S. Home Sales Decline to Seven-Month Low

  

  Home sales in the United States declined to their lowest level in about seven months during March, falling by 3.7% to a seasonally adjusted annual rate of 6.01 million units. This is the lowest reading for the indicator since August 2020, according to data by the National Association of Realtors …

  Read More »
• 22 April 2021 6:14 pm

  European Consumer Confidence Improves in April

  

  Consumer confidence continues to improve in April, according to a flash estimate by the European Commission, the executive branch of the European Union (EU). Data released on Thursday showed that the consumer confidence indicator for the European Union (EU) improved by 3.1 points to -9.0 points, while the gauge for …

  Read More »
• 22 April 2021 6:08 pm

  Canada’s Employment Insurance Expands in February

  

  The number of Canadians receiving regular employment insurance benefits increased by 3.6%, or 53,000, to 1.5 million people in February, data showed on Thursday. The reading follows an 11.2% increase in January, according to data by Statistics Canada. The Labour Force Survey (LFS) showed that employment increased by 259,000 in February, following two months …

  Read More »
• 22 April 2021 6:03 pm

  Canada’s New Housing Price Index Rises in March

  

  Canada’s New Housing Price Index (NHPI) rose by 7.9% on an annual basis during March, data by Statistics Canada showed on Thursday. On a monthly basis, the index increased by 1.1%. “The strong demand for new houses, fueled by lower borrowing costs and work from home restrictions, continued pushing up …

  Read More »
• 22 April 2021 4:44 pm

  ECB Maintains Rates and Bond Buying Unchanged

  

  The European Central Bank (ECB) decided on Thursday to maintain its monetary policy unchanged, by holding interest rates at their current levels. The deposit rate stands at -0.5%, while the main refinancing rate remains at 0%. In addition, the ECB decided to keep the current pace of asset purchases at …

  Read More »
• 22 April 2021 3:57 pm

  CoinShares: Cryptocurrency Flows Reached $ 4.9 Billion as of Mid-April

  

  Floods into cryptocurrency funds and products reached $ 4.9 billion by April 16, data from CoinShares, the cryptocurrency manager, reported on Tuesday, with the pace of the increase slowing somewhat in the first two weeks of the month after reaching unprecedented levels in the first quarter of the year. The …

  Read More »