The United States House of Representatives on Wednesday impeached President Donald Trump, making him the first president in the history of the U.S. to be impeached twice. All Democrats plus 10 Republicans in the house voted in favor of the articles of impeachment, which charged Trump with inciting an insurrection. …
Read More »UK Borrowing Surges Past Forecasts as Inflation Hits Debt Costs
Key Takeaways May’s budget deficit hit £23.3 billion, up 30% year-on-year and well above the £…
Oil Holds Near $80 as U.S.-Iran Talks Collapse, Testing Fragile Truce
Key Takeaways Friday’s U.S.-Iran nuclear talks in Geneva were postponed after VP JD Vance scra…
Yen Nears 40-Year Low as Dollar Holds Firm on Hawkish Fed, Iran Uncertainty
Key Takeaways USD/JPY hit 161.8, closing in on 1986 levels, with traders watching for possible Japan…
Bitcoin Slides Toward Weekly Loss as Fed Hawkishness, Iran Talks Collapse Hit Risk Appetite
Key Takeaways Bitcoin fell 2% to $62,687.6, on track for a 2.8% weekly loss. Spot Bitcoin ETFs saw a…
European Stocks Eke Out Gains as Fragile Iran Truce Meets Hawkish Fed
Key Takeaways The STOXX 600 rose 0.2%, with the DAX up 0.4%, CAC 40 up 0.3%, and FTSE 100 up 0.1%. E…
Dollar Holds Near 13-Month High as Hawkish Fed Meets Iran Talks Collapse
Key Takeaways The U.S. Dollar Index hit its highest level since mid-May 2025, up 0.1% Friday after a…
U.S.-Iran Nuclear Talks Collapse as Vance Pulls Out of Geneva Summit
Key Takeaways Friday’s U.S.-Iran nuclear talks in Geneva were postponed after VP JD Vance scra…
Oil Bounces But Heads for 8% Weekly Crash as Geneva Talks Suspended: Israeli Strikes Cast Shadow Over Fragile Deal
Key Takeaways Brutal weekly loss: Both benchmarks set for nearly 8% weekly declines, trading near th…
Gold Heads for Third Straight Weekly Loss as Dollar Hits 13-Month High
Key Takeaways Gold extends losses: Spot gold fell 1.8% to $4,134.86 per ounce, while gold futures sl…
Bitcoin Under Pressure as Global Monetary Shifts Shake Investor Confidence
Cryptocurrencies face growing headwinds from central banks, capital rotation, and weak market sentim…
Market Analysis
January, 2021
-
14 January 2021 1:00 am
Oil Finishes Lower Following EIA’s Weekly Report
Oil prices closed Wednesday lower after a mixed performance, ending a rising trend that lasted for six consecutive sessions. The decline in crude prices came amid the rebound of the U.S. Dollar (USD) and a less than expected draw in American crude inventories coupled with a rise in gasoline and …
Read More » -
13 January 2021 11:43 pm
Fed’s Brainard: It is Too Early to Call Achieving Targets
The United States Federal Reserve will continue to support the economy on its road to recovery from the Coronavirus pandemic, Member of the Federal Reserve Board of Governors, Lael Brainard said on Wednesday, the Wall Street Journal reported. “We are strongly committed to achieving our maximum-employment and average inflation goals.”“It …
Read More » -
13 January 2021 11:20 pm
Gold Prices Close Higher with Investors Turning Eyes to Impeachment
Gold prices rose on Wednesday, after data showed an increase in the inflation rate in the United States and amid anticipation for what could be the second impeachment of President Donald Trump by the House of Representatives. Gold futures for February delivery gained $10.70, or 0.6%, and closed at $1,854.90 …
Read More » -
13 January 2021 11:13 pm
U.S. Records $144 B Budget Deficit in December
The United States public budget deficit registered $144 billion during December of 2020, according to data by the U.S. Department of the Treasury released on Wednesday. The budget deficit compared with about $13 billion for the same period of 2019. It is worth noting that the surge in the deficit …
Read More » -
13 January 2021 10:00 pm
European Stocks Close Wednesday Higher
European stocks rose on Wednesday, supported by the rollout of Coronavirus vaccines and the effectiveness of preventive measurements against the pandemic’s new wave. The pan-European STOXX 600 index finished higher by 0.17%. The French index CAC40 closed higher by 0.21%, while the German benchmark index DAX rise by 0.11%. Meanwhile, …
Read More » -
13 January 2021 8:29 pm
Dollar Returns to Showing Rebound Signs
The U.S. Dollar (USD) is rising on Wednesday, after closing Tuesday on a lower note, and following the release of the consumer price index update. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six international rivals, is up by 0.31% at 90.37, noting that it …
Read More » -
13 January 2021 8:25 pm
U.S. House Moving Forward with Impeaching Trump a Second Time
The United States House of Representatives is going through on Wednesday with impeachment procedures against President Donald Trump. This would be the first time in U.S. history that a president is impeached twice. It has been reported that some Republicans in the House are set to vote in favor of …
Read More » -
13 January 2021 7:41 pm
U.S. Oil Inventories Down 3.2 M Barrels in Week: EIA
Crude oil inventories in the United States decreased by 3.2 million barrels last week, according to the U.S. Energy Information Administration’s (EIA) weekly report released on Wednesday.
Read More » -
13 January 2021 7:38 pm
U.S. Consumer Prices Rise 0.4% in December
Consumer prices in the United States rose in December on the back of a surge in gasoline prices, data showed on Wednesday. The official reading of the consumer price index (CPI) showed an increase of 0.4% in December, following a 0.2% rise in November, according to data by the U.S. …
Read More » -
13 January 2021 4:24 pm
Lagard: The Eurozone Economy is Still Recovering This Year, Provided That The Lockdown Measures Are Lifted
European Central Bank President Christine Lagarde said that the eurozone economy is still on the verge of recovery this year, provided that the general isolation measures taken to confront the Corona pandemic are lifted at the end of March and the vaccines are distributed. Lagarde adhered to the expectations of …
Read More » -
13 January 2021 3:42 pm
EU: Euro Area Industrial Production Expands by 2.5% in November vs. 0.2% Expected
Industrial Production in the euro area expanded by 2.5% on a monthly basis in November, the data published by the Eurostat showed on Wednesday. This reading followed October’s increase of 2.3% and beat the market expectation of 0.2% by a wide margin. Industrial Production contracted by 0.6% Y-o-Y in November …
Read More » -
13 January 2021 3:29 pm
Currencies Overview: Dollar Recovery Recedeas US Bond Yields Decline
The dollar suffered losses on Wednesday, as declining US yields weakened the momentum generated by its recent recovery and investors cautiously resumed bets that it could continue to slide. Against the euro, the dollar recorded its biggest daily decline in more than a month and declined more than 1% against …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations