Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Data published by Statistics Canada revealed on Friday that Real Gross Domestic Product (GDP) in Canada declined by 38.7% on a yearly basis in Q2. This reading followed the 8.2% contraction recorded in Q1 but came in slightly better than the market expectation of -39.6%.
Read More »
29 May, 2026 8:55 pm
Wall Street Rallies on Trump’s Iran Deal Optimism Despite Major Gaps in Reality
US markets surged to fresh record highs Friday after President Donald Trump signaled that a long-awa…
29 May, 2026 7:41 pm
Euro Climbs as Hopes for US-Iran Deal Weigh on Dollar and Oil Prices
The euro strengthened against the US dollar on Thursday as growing optimism surrounding a potential …
29 May, 2026 2:24 pm
Bitcoin Bounces Back to $74K as Iran Ceasefire Extension Lifts Risk Appetite: But $82K Peak Feels Far Away
Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 0.8% to $73,736.6 after slidin…
29 May, 2026 12:38 pm
Dollar Treads Water as Iran 60-Day Ceasefire Deal Eases Safe-Haven Demand: Tokyo CPI Miss Pressures Yen
Key Takeaways Dollar little changed: The DXY held near 99 in Asian trade after slipping 0.2% overnig…
29 May, 2026 11:20 am
Gold Treads Water as Iran Ceasefire Extension Hopes Battle Inflation Storm: PCE Hits 3-Year High
Key Takeaways Gold flat: Spot gold held steady at $4,495.9 per ounce, while gold futures edged down …
29 May, 2026 10:29 am
Oil Heads for 10% Weekly Crash as 60-Day Ceasefire Extension Report Slams Supply Fear Premium
Key Takeaways Prices ease further: Brent crude fell 0.5% to $93.24 per barrel, while WTI dropped 0.9…
29 May, 2026 9:38 am
Asian Markets Soar to Records on Ceasefire Extension Reports: Nikkei Hits All-Time High as AI Rally Powers On
Key Takeaways Record highs across Asia: Nikkei 225 jumped nearly 3% to an all-time high of 66,449.48…
29 May, 2026 3:29 am
Wall Street Soars on Hopes of a US-Iran Breakthrough
American stock markets surged to fresh record highs after growing speculation that tensions between …
29 May, 2026 2:49 am
BlackRock Stock Gains Wall Street Confidence as Analysts See More Upside Ahead
Shares of asset management giant BlackRock are drawing renewed optimism from Wall Street, despite th…
29 May, 2026 1:09 am
Sterling Shrugs Off Weak US Inflation as Markets Shift Focus to Bigger Storm Ahead
The British pound held firm against the US Dollar despite softer-than-expected American inflation da…
Market Analysis
August, 2020
-
28 August 2020 5:50 pm
Oil Falling as US Refiners Avoid Worst Phase of Laura
Oil prices plummeted, as Storm Laura bypassed the heart of the US oil industry in Louisiana and Texas without causing wide losses to refineries. Brent crude futures for October delivery, which are due on Friday, fell seven cents to $ 44.99 a barrel before the opening of Wall Street. US …
Read More » -
28 August 2020 5:21 pm
The German Economy Minister Does Not Expect Isolation Measures Again
German Economy Minister Peter Altmaier told SWR television that he does not expect the country’s economy to suffer from further lockdown measures even if coronavirus infections continue to rise. The minister also told television that many industries in Germany are improving again.
Read More » -
28 August 2020 5:03 pm
US Consumer Spending Exceeds Expectations in July
US consumer spending increased more than expected in July, bolstering expectations of strong economic growth recovery in Q3, although the momentum will likely subside as the Covid-19 pandemic continues and the impact of the fiscal stimulus dissipates. The US Commerce Department said consumer spending, which accounts for more than two-thirds …
Read More » -
28 August 2020 4:20 pm
British Business Confidence Improving
A survey showed that British business confidence has increased but remains well below its usual levels as the economy struggles to cope with social distancing and employers prepare to cut jobs. The Lloyds Bank’s corporate measure rose eight points to -14, the largest monthly rise in three years and optimism …
Read More » -
28 August 2020 4:10 pm
Eurozone Economic Sentiment Rose in August
A survey published by the European Commission revealed that economic sentiment in the Eurozone rose in August for the fourth consecutive month after a record decline stemming from lockdown measures aimed at slowing the spread of Covid-19 in March and April. And while the monthly index measuring confidence in the …
Read More » -
28 August 2020 3:08 pm
Economic Confidence in Turkey Increased by 4.4% in August
Data from the Turkish Statistical Institute showed that the country’s economic confidence index rose 4.4% on a monthly basis in August to 85.9 points, recording a recovery for the fourth month in a row from low levels resulting from measures to combat the Coronavirus. Economic activity fell sharply in March …
Read More » -
28 August 2020 2:43 pm
European Shares Drop on Lower Technology And Healthcare Stocks
European shares fell as investors sold off technology and healthcare and bought bank shares, after the Federal Reserve (US Central Bank) unveiled a new framework for its policy. The pan-European STOXX 600 index fell 0.6%. Technology stocks, which have risen nearly 11% since the start of the year, fell 1.1% …
Read More » -
28 August 2020 1:54 pm
Gold is up 1% on Dollar’s Decline
Gold rose about 1%, as the dollar fell while investors held signs of a policy of monetary easing issued by Jerome Powell, Chairman of the Federal Reserve Board (the US Central Bank). Spot gold rose 0.9% to 1946.55 dollars an ounce with the close of the Tokyo Stock Exchange, after …
Read More » -
28 August 2020 12:54 pm
Weak Consumer Sentiment in Germany Casts Some Doubt on a Strong Recovery
A survey showed that consumer sentiment in Germany deteriorated towards September, casting some doubt on whether household spending in Europe’s largest economy is strong enough to lead a robust recovery from the Covid-19 crisis. The GFK said its consumer sentiment index, which is based on a survey of nearly 2,000 …
Read More » -
28 August 2020 12:26 pm
Nikkei Falls as Japan’s Prime Minister to Resign
Japanese stocks fell by the most in nearly a month on news that Japanese Prime Minister Shinzo Abe will resign, putting an abrupt end to a stable government and policy mix of strong monetary and fiscal stimulus. The benchmark Nikkei index fell 2.65% during the session before closing 1.41% lower …
Read More » -
28 August 2020 11:17 am
Yen Jumps With Abe’s Resignation Causing a Political Blurry
The yen jumped from its lowest level in two weeks, following news that Japanese Prime Minister Shinzo Abe is preparing to resign, while the dollar is struggling to make progress against other currencies as prospects for a prolonged low US interest rate weigh on the currency. A source close to …
Read More » -
28 August 2020 10:54 am
Japanese Prime Minister to Resign
Reuters quoted a source as saying that Japanese Prime Minister Shinzo Abe has decided to resign. Japan Broadcasting Corporation TV (NHK) had previously reported that Abe, who has been suffering from ulcerative colitis for years, wanted not to cause problems to the government due to his deteriorating health.
Read More »