The ECB’s Rate Cut: A Balancing ActThe European Central Bank’s (ECB) decision to reduce interest rates by 25 basis points is a calculated move that reflects the delicate balance between combating inflation and supporting economic growth. While the Eurozone has seen a notable decline in inflation, the ECB remains cautious, …
Read More »Dow Jones Rebounds: Unexpected Durables Strength and Tariff Hopes Fuel Market Rally
The Dow Jones Industrial Average (DJIA) demonstrated a notable recovery on Friday, clawing back rece…
Oil Under Pressure: Brent and WTI Drop as Supply Surges and Demand Outlook Clouds
Global oil markets are facing renewed pressure, with both West Texas Intermediate (WTI) and Brent cr…
US Treasury Yields Climb As Countdown For Fed’s Policy Meeting Begins
As financial markets gear up for the central bank’s pivotal meeting next week, the US 10-Year …
Euro Stands Strong Amidst Global Trade Disputes
The Euro has demonstrated remarkable resilience in recent months, emerging as a top performer among …
Major Trade Breakthrough: EU and US Nearing Framework Agreement This Weekend
Optimism is building for a significant advancement in transatlantic trade relations, as officials fr…
U.S. Stock Futures Edge Higher as Investors Digest Earnings and Trade Deal Optimism
U.S. stock index futures were on the rise Friday, capping off a generally positive week as investors…
Bitcoin Drops Below $116,000 as Caution Mounts Ahead of U.S. Fed Meeting and Crypto Policy Report
Bitcoin faced a decline on Friday, dropping below $116,000 amidst growing caution in the market. The…
Noor Capital | Interview with Mohammed Hashad on Dubai TV – July 24, 2025
Commenting on Key Financial Assets: An Interview with Mohamed Hashad, Chief Strategist at Noor Capit…
European Stocks Dip Amid Trade Uncertainty; Oil Prices Rise on Trade Optimism
Corporate Woes Amid Tariff Concerns and EU-U.S. Trade Deal Talks European stocks faced a dip on Frid…
UK Retail Sales Rebound in June, Signaling Economic Recovery Amidst Uncertainty
Monthly and Yearly Gains Reflect Consumer Resilience Retail sales in the United Kingdom saw a robust…
Market Analysis
October, 2024
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17 October 2024 8:52 pm
Why these earnings grabbed investors’ attention
Several major tech companies recently released their earnings reports, providing insights into their financial performance and future prospects. Netflix, TSMC, and Nvidia all reported strong results, driven by factors such as increased demand for their products and services.Netflix’s third-quarter earnings exceeded expectations, with both revenue and earnings per share surpassing …
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17 October 2024 7:23 pm
Pound Sterling Faces Headwinds Amid US Economic Strength and Rising Trump Expectations
The Pound Sterling (GBP) continued its downward trajectory on Thursday, struggling to maintain its position above the 1.3000 level against the US Dollar (USD). This decline was primarily driven by a combination of factors, including stronger-than-expected US economic data and growing optimism about a Donald Trump victory in the upcoming …
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17 October 2024 6:18 pm
U.S. Jobless Claims Decline, But Storms and Strikes Cloud Labor Market Outlook
The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that the labor market remains resilient despite recent challenges. However, the broader employment picture remains unclear, with the ongoing effects of recent hurricanes and industrial strikes potentially distorting the data in the coming …
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17 October 2024 5:10 pm
U.S. Retail Sales Exceed Expectations in September, Strengthening Growth Outlook
Retail sales in the U.S. increased by 0.4% in September, surpassing expectations and signaling continued economic resilience in the third quarter. This follows a modest 0.1% gain in August, according to the Commerce Department. Economists had anticipated a 0.3% rise, with estimates ranging from no change to an 0.8% increase. …
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17 October 2024 5:01 pm
ECB Cuts Rates for Second Straight Meeting to Combat Inflation and Economic Slowdown
The European Central Bank (ECB) reduced interest rates by a quarter point at its second consecutive meeting on Thursday, aiming to address sluggish inflation and weak economic growth. This marks the first back-to-back rate cut in 13 years, signaling a shift in the ECB’s policy focus from controlling inflation to …
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17 October 2024 1:48 pm
Euro Drops to Two-Month Low as ECB Rate Cut Approaches
The euro fell to a more than two-month low on Thursday ahead of an anticipated European Central Bank rate cut, while the dollar surged to its highest level in 11 weeks due to expectations that Donald Trump, whose policies are viewed as favorable by the market, will win the upcoming …
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17 October 2024 12:56 pm
European Stocks Edge Up as Investors Eye ECB Rate Cut and Mixed Earnings
European stocks edged higher on Thursday, as investors anticipated a dovish tone from the European Central Bank (ECB) following its widely expected interest rate cut. The continent-wide STOXX 600 index inched up 0.1% at 0713 GMT, recovering slightly after a two-day decline. Key Gainers and Earnings Highlights Finnish bank Nordea …
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17 October 2024 12:06 pm
Oil Prices Flat as Investors Watch Middle East Developments and U.S. Inventory Data
Oil prices traded flat on Thursday as investors remained cautious about geopolitical tensions in the Middle East and awaited more information on China’s economic stimulus plans. Traders were also looking ahead to the release of U.S. oil inventory data for further market direction. Brent crude futures dipped by 4 cents …
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17 October 2024 11:44 am
Gold Near Record Highs as Softer Yields, Central Bank Rate Cuts Support Prices
Gold prices rose slightly in Asian trading on Thursday, staying close to record highs despite a strong U.S. dollar fueled by speculation of a second Trump presidency. The rise in gold was supported by lower Treasury yields and expectations of interest rate cuts from major central banks. Spot gold climbed …
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17 October 2024 2:51 am
Market Drivers; US Session
Gold prices rallied during the mid-North American session on Wednesday, bolstered by a decline in US Treasury yields and a disregard for recent US Dollar strength. Anticipations of interest rate cuts by major central banks, fueled by soft inflation data, weighed on bond yields and propelled the non-yielding metal. As …
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17 October 2024 1:15 am
EUR/USD Retreats Ahead of ECB Rate Cut
EUR/USD Plummets Ahead of ECB Rate CutThe Euro is under significant pressure, pushing EUR/USD to multi-week lows as investors anticipate a rate cut from the European Central Bank (ECB). The ECB is widely expected to reduce its interest rates by 25 basis points on Thursday, a move that could further …
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17 October 2024 12:34 am
Pound Sterling Plunges on UK Inflation Surprise
Pound Sterling suffered a significant decline following the release of UK inflation data for September. The unexpected slowdown in price growth has fueled speculation that the Bank of England (BoE) might reconsider its monetary policy stance and opt for a rate cut at its upcoming meeting.The GBP/USD pair plummeted to …
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