Noor Trends News, Technical Analysis, Educational Tools and Recommendations

June, 2025

• 3 June 2025 2:50 pm

  Eurozone Inflation Falls Below ECB Target, Fueling Hopes for Further Rate Cuts

  

  Eurozone inflation slowed sharply in May, easing below the European Central Bank’s 2% target for the first time in over two years, bolstering expectations for additional interest rate cuts even as global trade tensions and structural challenges pose longer-term inflation risks. Data from Eurostat on Tuesday showed consumer prices in …

  Read More »
• 3 June 2025 1:18 pm

  European Stocks Edge Higher Ahead of Inflation Data, ECB Meeting in Focus

  

  European equity indices posted modest gains early Tuesday, with investors eyeing the release of key eurozone inflation data that could shape the European Central Bank’s next policy moves. Caution also lingered over global trade tensions and upcoming central bank decisions. As of 03:02 ET (07:02 GMT), Germany’s DAX rose 0.3%, …

  Read More »
• 3 June 2025 12:08 pm

  Gold Edges Lower Amid Profit-Taking, But Geopolitical Tensions and Trade Uncertainty Keep Prices Elevated

  

  Gold prices slipped in Asian trade on Tuesday as traders booked profits after a strong rally fueled by renewed geopolitical risks and persistent trade tensions. The yellow metal had surged over 2% on Monday, buoyed by heightened uncertainty surrounding the Russia-Ukraine war, U.S.-Iran nuclear talks, and ongoing concerns about U.S. …

  Read More »
• 3 June 2025 4:25 am

  How Did Oil Prices Rise Despite OPEC+’s Production Hike?

  

  Oil prices closed higher on Monday, the first trading day of the week, despite OPEC+’s decision to increase production for the third consecutive time since abandoning its long-standing voluntary output cuts aimed at bolstering global oil prices. This shift in production policy reflects OPEC+’s focus on maintaining its share of …

  Read More »
• 3 June 2025 2:21 am

  Euro Rises Against US Dollar Amid Escalating Trade Tensions

  

  The euro climbed against the US dollar in the first session of the new trading week, fueled by intensified selling pressure on the American currency amid growing concerns over trade tensions. These concerns have intensified due to multiple factors since the end of last week through the close of Monday’s …

  Read More »
• 3 June 2025 1:20 am

  Market Drivers: US Session – US Jobs Data and Eurozone Flash CPI in Focus

  

  The US Dollar (USD) came under renewed selling pressure at the start of the trading week, dropping to multi-week lows as trade tensions and concerns about the US economy resurfaced.What to Watch on Tuesday, June 3, 2025:US: The US Dollar Index (DXY) fell below 99.00, hitting seven-week lows despite slight …

  Read More »
• 3 June 2025 12:47 am

  USD/JPY Falls Due Amid Broader Market Uncertainties, Japan’s Ongoing Economic Challenges

  

  The USD/JPY currency pair experienced a notable decline on the first trading day of the new week, reflecting the broader weakening of the US dollar. This downturn was primarily driven by renewed concerns over trade tensions between the United States and China, further exacerbated by the US administration’s plans to …

  Read More »
• 2 June 2025 9:44 pm

  US Stocks Decline Alongside Dollar Amid Renewed US-China Trade Tensions

  

  Just like the US dollar, Wall Street stocks are retreating due to the resurgence of trade tensions between the United States and China, as reflected in statements made by US Treasury Secretary Scott Bessent last Friday. He highlighted the stalling of negotiations and the need for a strong push to …

  Read More »
• 2 June 2025 8:47 pm

  Canadian Dollar Gains for Third Day as Oil Prices Rise and US Dollar Weakens

  

  The Canadian Dollar (CAD) continued its upward trend against the US Dollar (USD) for the third consecutive session on Monday, bolstered by higher oil prices and ongoing weakness in the Greenback. Positive developments in Canada’s manufacturing sector, contrasted with a deeper contraction in US factory activity, further supported the Loonie’s …

  Read More »
• 2 June 2025 7:47 pm

  Will Gold Surge to $3400 Amid Global Tensions and Tariff Threats?

  

  Gold prices have soared to a four-week high, driven by escalating geopolitical risks and renewed trade tensions. The XAU/USD pair climbed to $3,377, up 2.70%, as investors sought the safe-haven asset amid uncertainty. This rally, sparked by the Russia-Ukraine conflict and U.S. tariff policies, underscores gold’s enduring appeal in turbulent …

  Read More »
• 2 June 2025 3:29 pm

  UK Consumers Keep Borrowing Amid Trade Uncertainty, Lending Data Suggests Q2 Growth Resilience

  

  UK consumers continued to borrow and spend with confidence in April, shrugging off fears of an economic slowdown from the ongoing US trade war and a weakening domestic labour market. According to the latest money and lending figures, released by the Bank of England, this resilience is expected to support …

  Read More »
• 2 June 2025 1:20 pm

  Oil Prices Rebound After OPEC+ Sticks to Expected Output Hike

  

  Oil prices surged over $1 per barrel in Asian trade on Monday, as OPEC+’s decision to raise output by a modest 411,000 barrels per day (bpd) for July—matching the previous two months—eased market fears of a larger production increase. The outcome provided relief to traders bracing for a potential supply …

  Read More »
• 2 June 2025 11:40 am

  Trump Announces 50% Steel Tariffs, U.S. Steel Stocks Surge on Nippon Deal Optimism

  

  U.S. President Donald Trump has reignited trade tensions by announcing a dramatic increase in steel tariffs, doubling the rate from 25% to 50%. The move, unveiled during a rally in Pennsylvania, is intended to fortify the U.S. steel industry and support a landmark deal between Nippon Steel Corporation and U.S. …

  Read More »