Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Gold prices returned to gains on Thursday, amid increased demand for safe havens amid uncertainty. The rise in the yellow metal prices came despite the US Dollar’s (USD) gains. Gold futures for December delivery rose by $1.60, or 0.08%, and settled at $1,908.90 per ounce. Since the beginning of the …
Read More »
1 May, 2026 1:33 am
Yentervention Shocks Markets as Japan Launches Surprise Move to Defend the Yen
Japan stunned global currency markets after authorities stepped into the foreign exchange market for…
1 May, 2026 12:20 am
Dollar Slides as Japan Steps In and Global Markets Reprice Risk
The US dollar came under heavy pressure on Thursday in a dramatic trading session shaped by weaker-t…
30 April, 2026 11:24 pm
Eric Trump’s $1 Million Bitcoin Claim Fuels Fresh Crypto Debate
Bitcoin is currently trading around the mid-$76,000 area, posting a modest daily gain of roughly 0.8…
30 April, 2026 11:14 pm
Cost Cuts Hold Volkswagen Afloat as China Slump Deepens
Volkswagen managed to steady its financial performance in the first quarter, leaning heavily on aggr…
30 April, 2026 10:07 pm
A Sound Decision: Powell Stays to Shield the Fed at a Critical Juncture
In a highly complex economic and political environment, Jerome Powell has chosen to remain on the Bo…
30 April, 2026 9:48 pm
Oil Shock Sends Markets Reeling as Iran War Fears Push Crude to Multi-Year Highs
Global oil markets erupted into fresh turmoil after reports emerged that Washington is reviewing new…
30 April, 2026 8:54 pm
Bank of England Holds Rates… but the Message Tilts Hawkish
The Bank of England kept interest rates unchanged at 3.75%, in a move that was widely expected but f…
30 April, 2026 8:06 pm
Gold Edges Higher on Softer Dollar, but Upside Remains Limited
Gold Gold posted a modest rebound on Thursday, recovering after recent losses as the US Dollar US Do…
30 April, 2026 7:28 pm
ECB Weighs Aggressive Monetary Tightening if Oil Remains Above $100
European Central Bank policymakers are increasingly leaning toward a tighter monetary stance this ye…
30 April, 2026 5:31 pm
Canadian Economy Stays Resilient: Manufacturing Powerhouse Drives Fourth Straight Month of Growth
Key Takeaways Steady momentum: Canada’s GDP rose 0.2% month-on-month in February, matching exp…
Market Analysis
October, 2020
-
15 October 2020 11:57 pm
Fed’s Barkin: Labor Market Recovery Would Take Time
President of the Federal Reserve Bank of Richmond, Thomas Barkin, said on Thursday that spending could increase due to higher confidence in the economy, but that it would take longer for the labor market to recover, Reuters reported. “You’ve got a lot of companies that have chosen, even though they’re …
Read More » -
15 October 2020 11:20 pm
GBP/USD to Close Near Its Daily Low
The British Pound (GBP) declined against the US Dollar (USD) on Thursday, with the USD showing some strength across the board. Meanwhile, the GBP is impacted by Brexit uncertainty, as well as worries about the second wave of the COVID-19 pandemic and new lockdowns imposed by the British government. The …
Read More » -
15 October 2020 11:12 pm
Fed’s Mary: More Stimulus is Needed for Recovery
President of the Federal Reserve Bank of San Francisco, Mary Daly, said on Thursday that in order for the monetary policy objective of achieving economic recovery, extra stimulus by the government is needed, Reuters reported. “These two things need to come together or else we will have an incomplete solution,”
Read More » -
15 October 2020 9:08 pm
Trump Hints at New Stimulus Package
The President of the United States, Donald Trump, said on Thursday that he could support a new stimulus package worth more than the $1.8 trillion he offered last week, which was rejected by the Democrats. This comes after the US Treasury Secretary, Steven Mnuchin, said he does not expect a …
Read More » -
15 October 2020 8:41 pm
European Stocks Losses Exceed 2%
European stocks saw huge losses on Thursday, amid increasing concerns about the second wave of COVID-19 across the old continent. The Stoxx Europe 600 index closed lower by 2.10% at 362.83 points, its worst daily performance in more than three weeks. The German DAX index finished lower by about 2.5%, …
Read More » -
15 October 2020 8:31 pm
Turkish Lira Hits New Record Low
The Turkish Lira (TRY) hit another record low on Thursday as the USD/TRY pair reached 7.95, getting close to an unprecedented level of 8. Ankara’s monetary policy has been heavily criticized as it is failing to stop the local currency’s wounds. USD/TRY is currently trading at 7.9323, up by 0.28% …
Read More » -
15 October 2020 8:24 pm
ECB to Be Cautions with Expanding Bond Buying
The European Central Bank (ECB) is expected not to expand emergency stimulus despite the increasing number of Coronavirus (COVID-19) cases, which is set to lead to renewed lockdowns. Nonetheless, the ECB is not expected to expand its bond purchases this month, according to a recent report by Bloomberg. It is …
Read More » -
15 October 2020 7:32 pm
Lagarde: Eurozone Financial Risks on the Rise
President of the European Central Bank (ECB), Christine Lagarde, said on Thursday that financial stability risks are rising in the Eurozone due to an increase in debt levels, Reuters reported. “The euro area economy will continue to be supported by very accommodative monetary and fiscal policies along with an expected …
Read More » -
15 October 2020 6:39 pm
US: Weekly Initial Jobless Claims Rise to 898K
There were 898,000 initial claims for unemployment benefits in the US during the week ending October 10th, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed last week’s print of 845,000 (revised from 840,000) and came in worse than the market expectation of …
Read More » -
15 October 2020 6:22 pm
US: NY Empire State Manufacturing Index Drops to 10.5 in October
The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey declined to 10.5 in October from 17 in September. This reading missed analysts’ estimate of 15. “36% of respondents reported that conditions had improved over the month, while 25% reported that conditions had worsened.” “The new …
Read More » -
15 October 2020 6:18 pm
Canada: ADP Employment Change Arrives at -240.8K for September
Employment in Canada decreased by 240,800 from August to September, the monthly data published by the ADP Research Institue revealed on Thursday. This reading followed August’s print of -770, 600 (revised from -205,400).
Read More » -
15 October 2020 6:16 pm
US: Philly Fed Nonmanufacturing Index Rises to 8
The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey rose to 32.3 in October from 15. This reading beat analysts’ estimate of 14 by a wide margin.
Read More »