Noor Trends News, Technical Analysis, Educational Tools and Recommendations

December, 2024

• 19 December 2024 8:40 pm

  US Stocks Attempt to Recover from Fed’s Rate Path Shock

  

  US stocks have been recovering since the opening of Wall Street trading on Thursday from their worst decline in several months, which was triggered by a Federal Reserve statement that hinted at a slower pace of interest rate cuts. This came after the Fed announced a 25 basis point rate …

  Read More »
• 19 December 2024 5:51 pm

  Bank of England Holds Rates Steady Amid Persistent Inflation Pressures

  

  The Bank of England (BoE) opted to maintain its Bank Rate at 4.75% on Thursday, reflecting a cautious approach to monetary easing as inflation pressures continue to challenge the central bank’s medium-term objectives. Rate Decision Details Policymakers voted 6 to 3 in favor of leaving rates unchanged, a more decisive …

  Read More »
• 19 December 2024 4:27 pm

  U.S. Stock Futures Rebound Amid Fed’s Cautious Rate Path for 2025

  

  U.S. stock index futures edged higher Thursday, recovering some losses from Wednesday’s sharp sell-off after the Federal Reserve signaled a slower pace of rate cuts in 2025. At 06:00 ET (11:00 GMT), Dow Jones Futures rose 140 points (+0.3%), S&P 500 Futures gained 21 points (+0.4%), and Nasdaq 100 Futures …

  Read More »
• 19 December 2024 3:31 pm

  Putin Signals Readiness for Dialogue with Trump Amid Domestic and Geopolitical Challenges

  

  On Thursday, Russian President Vladimir Putin expressed his willingness to engage in dialogue with U.S. President-elect Donald Trump. While details regarding a potential meeting remain unclear, Putin used his annual press conference to address a wide array of topics, from the conflict in Ukraine to Russia’s economic outlook and military …

  Read More »
• 19 December 2024 3:02 pm

  Oil Prices Steady as Fed’s Policy Signals Cast a Shadow on Demand Outlook

  

  Oil prices remained relatively flat on Thursday, recovering from earlier losses but still trading below Wednesday’s close. Brent crude futures edged down 3 cents to $73.36 per barrel, while U.S. West Texas Intermediate crude slipped 2 cents to $70.56 per barrel by mid-morning trading in London. Fed Signals Slower Rate …

  Read More »
• 19 December 2024 12:38 pm

  Bank of Japan Holds Rates Steady but Signals Potential Tightening Amid Rising Inflation Risks

  

  The Bank of Japan (BOJ) opted to keep interest rates unchanged at 0.25% during its final policy meeting of the year. However, a dissenting vote from board member Naoki Tamura highlighted growing divisions within the central bank regarding the timing of monetary tightening. Tamura, known for his hawkish stance, proposed …

  Read More »
• 19 December 2024 12:02 pm

  Bitcoin Retreats as Fed’s Hawkish Stance and Powell’s Comments Weigh on Sentiment

  

  Bitcoin extended its decline on Thursday, retreating 2.6% to $101,153.0 by 01:08 ET (06:09 GMT), as the U.S. Federal Reserve’s hawkish tone dampened risk appetite. The cryptocurrency briefly dipped below the $100,000 mark during the session, marking a sharp pullback from its all-time high of $108,244.9 reached earlier this week. …

  Read More »
• 19 December 2024 11:06 am

  Asian Stocks Slide as Fed Signals Slower Rate Cuts; Tech Sector Hit Hard

  

  Asian equities experienced a sharp sell-off on Thursday, with technology stocks leading the decline after the Federal Reserve projected a slower pace of interest rate cuts in 2025. The cautious outlook dampened risk sentiment across the region, following a significant overnight drop on Wall Street. The NASDAQ Composite recorded its …

  Read More »
• 19 December 2024 3:41 am

  BoE Poised for Cautious Monetary Policy Decision Amid Inflation Concerns

  

  The Bank of England is set to announce its monetary policy decision early on Thursday. Governor Andrew Bailey has signaled that the central bank is likely to keep the main interest rate on hold, emphasizing a gradual approach to monetary easing. Despite this cautious stance, Bailey recently indicated that up …

  Read More »
• 19 December 2024 2:14 am

  Hawkish Fed Rhetoric Boosts USD/JPY

  

  The Federal Reserve’s decision to cut its benchmark interest rate by 25 basis points to a target range of 4.25% – 4.50% sent shockwaves through the financial markets. While the rate cut was widely anticipated, the Fed’s surprisingly hawkish outlook for the future path of interest rates fueled a rally …

  Read More »
• 19 December 2024 1:49 am

  What’s New in the Fed’s December Interest Rate Statement?

  

  There have been some notable differences between the interest rate statement released by the Federal Open Market Committee on Wednesday, following the 25 basis point rate cut, and the previous statement. The first key difference is that the latest statement alluded to the timing and scale of future policy moves, …

  Read More »
• 19 December 2024 1:16 am

  Fed’s Cautious Stance Dampens Stock Market Rally

  

  The Federal Reserve’s decision to implement a 25-basis-point interest rate cut, while anticipated by market participants, has failed to sustain a significant rally in U.S. equity markets. The central bank’s economic projections, which signaled a more gradual pace of future rate reductions, tempered initial optimism and highlighted underlying concerns about …

  Read More »
• 19 December 2024 12:35 am

  Fed’s Hawkish Tone Weighs on Euro

  

  The Euro weakened significantly against the US Dollar after the Federal Reserve’s interest rate decision and subsequent press conference. While the Fed delivered a 25 basis point rate cut as expected, the central bank’s cautious tone and economic projections dampened market sentiment for the Euro.Key takeaways from the Fed’s decision:Rate …

  Read More »