Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2025

• 10 January 2025 2:51 pm

  China’s Central Bank Halts Treasury Bond Purchases Amid Currency Concerns

  

  China’s central bank, the People’s Bank of China (PBOC), announced on Friday the suspension of its treasury bond purchase operations, causing yields to surge and fueling speculation that the move is an attempt to stabilize the weakening yuan. The PBOC attributed the decision to a shortage of bonds in the …

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• 10 January 2025 12:58 pm

  European Markets Edge Lower as Investors Await U.S. Jobs Data

  

  European stock markets traded slightly lower on Friday as investors exercised caution ahead of the release of the U.S. monthly employment report, a critical indicator for shaping future Federal Reserve rate policy. By 03:10 ET (08:10 GMT), the German DAX index declined 0.1%, France’s CAC 40 dipped 0.1%, and the …

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• 10 January 2025 11:10 am

  Oil Prices Climb as Winter Weather and Supply Concerns Drive Demand

  

  Oil prices rose in early Asian trade on Friday, continuing their upward trajectory for a third consecutive week. Harsh winter conditions in parts of the United States and Europe have intensified demand for heating fuels, adding to supply concerns amid tightening sanctions and global economic shifts. Brent crude futures increased …

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• 10 January 2025 10:42 am

  Gold Prices Inch Higher Amid Rate and Trade Jitters, Copper Boosted by China Stimulus Hopes

  

  Gold Market Highlights Gold Extends Weekly Gains Amid Uncertainty Spot gold rose 0.1% to $2,672.12 per ounce, while gold futures for February delivery gained 0.2% to $2,695.74 per ounce during early Asian trading. For the week, spot gold is up approximately 1.5%, as concerns over U.S. interest rates and trade …

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• 10 January 2025 3:20 am

  What Can Markets Expect from December’s US Employment Data?

  

  US employment data significantly influences market price movements. By examining preliminary employment indicators, we can anticipate the likely outcomes of the official data release, typically on the first Friday of each month.This Friday, the highly anticipated US employment data is scheduled for release. Market expectations point towards a substantial increase …

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• 9 January 2025 11:37 pm

  

  US Market Activity Stalls Ahead of NFP ReleaseTrading volumes in the US market were subdued on Thursday, as market participants braced for the upcoming Nonfarm Payrolls (NFP) report scheduled for release on Friday, January 10th.The US Dollar Index (DXY) displayed modest gains amidst a generally tepid market environment. The observance …

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• 9 January 2025 9:59 pm

  Loonie Declines Despite US Market Pause

  

  The Canadian Dollar continued its downward spiral on Thursday, losing another 0.1% against the US Dollar. This decline occurred despite the US market being closed for a national day of mourning, a stark reminder of the Loonie’s ongoing struggle against the Greenback. With limited trading activity due to the holiday, …

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• 9 January 2025 8:45 pm

  BoE’s Breeden: Some evidence of activity weakening, but we expect it to pick up again

  

  Bank of England (BoE) Monetary Policy Committee (MPC) member and Deputy Governor for Financial Stability Sarah Breeden noted that it might finally be time for the BoE to start loosening policy rates now that UK economic data has effectively begun to crumble.Key HighlightsThere is some tentative evidence that activity is …

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• 9 January 2025 7:50 pm

  Fed’s Harker Signals Continued Rate Cuts, But Urges Caution

  

  Philadelphia Federal Reserve President Patrick Harker reiterated his belief that the U.S. central bank will eventually lower interest rates, but emphasized the need for a cautious approach given current economic uncertainty.In a speech to the National Association of Corporate Directors New Jersey Chapter, Harker stated that while he anticipates a …

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• 9 January 2025 7:20 pm

  Gold Prices Extend Rally Amid Rising Inflation Concerns

  

  Gold prices extended their rally for a third consecutive day, surpassing $2,675, as investor concerns about rising inflation intensified. This surge in gold prices coincides with a spike in global yields, driven by anxieties that recent stimulus packages and potential tariff increases could reignite inflationary pressures. Traders are increasingly viewing …

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• 9 January 2025 5:21 pm

  Oil Prices Edge Higher Amid Firm Winter Demand Expectations and Supply Concerns

  

  Oil prices rose slightly on Thursday, with Brent crude and West Texas Intermediate (WTI) gaining 0.5% and 0.4%, respectively, as traders balanced strong winter demand expectations against rising U.S. fuel inventories and macroeconomic uncertainties. Key Market Drivers Demand Expectations and Supply Concerns Brent crude futures increased by 35 cents to …

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• 9 January 2025 3:42 pm

  UK Retailers Face Sector-wide Selloff Amid Consumer Confidence Worries

  

  Shares in leading UK retailers fell sharply on Thursday, erasing £2 billion ($2.45 billion) in market value, as concerns about weakening consumer confidence and mounting economic pressures overshadowed strong Christmas trading results. Key Highlights Pressure on Consumer Sentiment Retailers are bracing for higher employer taxes and minimum wage increases starting …

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• 9 January 2025 2:23 pm

  Global Forex Update: Dollar Steadies Amid Fed Optimism, Euro and Yuan Under Pressure

  

  The U.S. dollar held firm on Thursday, bolstered by hawkish Federal Reserve minutes and strong economic data that fueled expectations of a slower pace of rate cuts in 2025. Global currencies, however, faced mixed fortunes due to varying economic and policy dynamics. Key Highlights Dollar Holds Ground Amid Strong Yields …

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