Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2025

• 6 February 2025 9:57 pm

  Decoding Looming NFP Report: A Deep Dive into the Numbers and Market Implications

  

  The U.S. Bureau of Labour Statistics (BLS) is poised to release its January Nonfarm Payrolls (NFP) report, a critical economic indicator that provides insights into the health of the U.S. labour market. The consensus forecast anticipates an increase of around 170,000 jobs, following a 256,000 increase in December. This report …

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• 6 February 2025 8:45 pm

  BoE Cuts Rates, Warns of Inflation, Slashes Growth Forecast

  

  The Bank of England recently cut interest rates to 4.5% from 4.75% and significantly lowered its economic growth forecast for 2025 from 1.5% to 0.75%. While they upgraded growth predictions for 2026 and 2027, they also warned of rising inflation due to increased energy and water bills, potentially reaching 3.7% …

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• 6 February 2025 7:01 pm

  GBP Tumbles After Rates Slashed

  

  The British Pound (GBP) plummeted against the US Dollar (USD) on Thursday, shedding nearly 1% after the Bank of England (BoE) delivered a surprise interest rate cut. The GBP/USD pair tumbled to a low of 1.2359, reflecting the market’s reaction to the BoE’s unexpectedly dovish stance and subsequent forecasts of …

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• 6 February 2025 3:56 pm

  European Stocks Rise as Investors Await BoE Rate Decision and Earnings Reports

  

  European stock markets advanced on Thursday, with investors keeping a close watch on the Bank of England’s (BoE) upcoming rate decision and digesting a wave of corporate earnings reports. Germany’s DAX: +0.8% France’s CAC 40: +0.6% UK’s FTSE 100: +1.2% Bank of England Expected to Cut Rates The BoE is …

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• 6 February 2025 2:47 pm

  Oil Prices Recover Slightly After Saudi Price Hike

  

  Oil prices edged up on Thursday, partially recovering from the previous day’s drop, after Saudi Arabia’s state-owned oil company raised its March crude prices sharply. However, the gains barely made a dent in the significant decline of Brent crude the day before. Oil Price Movements Brent Crude Futures: $74.89 (+0.4%) …

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• 6 February 2025 1:54 pm

  Gold Prices Hold Steady Amid U.S.-China Trade Tensions

  

  Gold prices maintained a steady upward trajectory in Asian trade on Thursday, staying close to their record highs as fears surrounding the U.S.-China trade war continue to fuel demand for safe-haven assets. Gold Market Update Spot Gold: $2,869.17 (+0.1%) Gold Futures (April): $2,887.90 (-0.2%) Record High: $2,882.53 (hit on Wednesday) …

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• 6 February 2025 12:27 pm

  Bitcoin Holds Steady as U.S.-China Trade Tensions Weigh on Market

  

  Bitcoin remained largely stable on Friday, reflecting muted risk appetite amid escalating trade tensions between the U.S. and China. Meanwhile, MicroStrategy (NASDAQ:MSTR) reported its fourth consecutive quarterly loss, though it continued expanding its Bitcoin holdings. Bitcoin Market Update Bitcoin (BTC/USD): $97,742.7 (-0.3%) as of 00:35 ET (05:35 GMT) Market Sentiment: …

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• 6 February 2025 2:48 am

  Gold Prices Peak, Face Fresh Challenges

  

  Gold’s relentless climb has propelled it to unprecedented heights, reaching a record peak. However, this impressive rally has also triggered overbought conditions, raising the specter of a potential pullback. While the long-term bullish trend remains intact, traders are now closely monitoring key support levels for signs of a potential correction. …

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• 6 February 2025 1:31 am

  USD/JPY Freefall: 1.13% Drop Signals Deeper Downtrend

  

  The USD/JPY currency pair experienced a significant drop, falling 1.13% to 152.59. This sharp decline occurred as the pair decisively broke through both the 200-day Simple Moving Average (SMA) and the Ichimoku Cloud (Kumo), signaling a strengthening downtrend and potential appreciation of the Japanese Yen.The 175-pip drop on Wednesday confirms …

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• 6 February 2025 12:33 am

  Fed’s Goolsbee Highlights Supply Chain Threats, Including Tariffs, as Inflation Risk

  

  Chicago Federal Reserve President Austan Goolsbee warned Wednesday that threats to supply chains, such as tariffs, pose a challenge to the Federal Reserve’s efforts to curb inflation. He emphasized the difficulty in predicting the impact of such disruptions and how they could complicate the Fed’s goal of achieving a 2% …

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• 5 February 2025 11:18 pm

  Dow Soars 200 Points on Jobs Data and Market Optimism

  

  A surge of positive momentum swept across Wall Street on Wednesday, sending the Dow Jones Industrial Average soaring 200 points higher. This impressive rally was fueled by a potent cocktail of encouraging economic data and a resurgence of market optimism. Leading the charge was a surprisingly robust ADP National Employment …

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• 5 February 2025 9:58 pm

  UK Economic Maze: The Bank of England Faces Interest Rate Dilemma

  

  BoE will likely decide to cut interest rates for the third time since the pandemic, with a 0.25 percentage point (25 basis point) reduction expected at its February meeting. This would lower the base rate from 4.75%. Easing inflation, slow economic growth, and a softening labor market support this move.The …

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• 5 February 2025 9:46 pm

  US Stocks Rally, Led by Nvidia, Despite Alphabet’s Earnings and AMD Stumbles

  

  US stocks recovered from losses on Wednesday to close higher, fueled by a surge in Nvidia shares, even as Alphabet and AMD faced headwinds.   The tech-heavy Nasdaq Composite rose 0.2%, while the benchmark S&P 500 added 0.4%. The Dow Jones Industrial Average led the gains, rising 0.7%, or more …

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