Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2025

• 7 January 2025 6:55 pm

  Gold Surges, Eyes Fresh High Amidst Debt Worries, Fed Uncertainty

  

  Gold prices rallied on Tuesday, driven by concerns over a surge in US debt issuance and the potential impact on interest rates. The market is closely watching a series of large US Treasury bond auctions this week, particularly the 10-year and 30-year bonds. Fears are mounting that the high volume …

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• 7 January 2025 5:34 pm

  German Inflation Rises Beyond Expectations in December Amid Higher Food Prices

  

  Germany’s annual inflation accelerated more than forecast in December, driven by surging food prices and a smaller decline in energy costs compared to recent months. Preliminary data from the federal statistics office revealed that the annual consumer price inflation rate climbed to 2.8%, surpassing the 2.6% predicted by analysts polled …

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• 7 January 2025 3:30 pm

  UK Economy Forecasted to Grow by 1.5% in 2025 Amid Fiscal Stimulus and Challenges

  

  The UK economy is projected to expand by 1.5% in 2025, a notable improvement from the 0.9% growth recorded last year, according to analysts at UBS. In their latest report, they attributed this expected rebound to a “less contractionary fiscal policy,” which could provide the British economy with significant momentum. …

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• 7 January 2025 1:00 pm

  Oil Prices Decline as Demand Optimism Fades Amid Supply Concerns

  

  Oil prices extended their losses for a second consecutive session on Tuesday as optimism over global demand faded. Brent crude futures dipped by 0.2% to $76.08 per barrel, while U.S. West Texas Intermediate (WTI) crude slipped 0.3% to $73.31 per barrel as of 0804 GMT. This decline follows a drop …

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• 7 January 2025 12:27 pm

  European Markets Decline Ahead of Key Eurozone Inflation Data

  

  European stock markets dipped on Tuesday, reversing some of Monday’s strong gains ahead of crucial eurozone inflation data. At 03:10 ET (08:10 GMT), Germany’s DAX fell 0.1%, France’s CAC 40 slipped 0.3%, and the U.K.’s FTSE 100 dropped 0.7%. Monday had seen impressive gains across European bourses, with the CAC …

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• 7 January 2025 11:24 am

  Bitcoin Breaks Six Figures Amid Renewed Optimism and MicroStrategy Buying Spree

  

  Bitcoin extended its rally on Tuesday, re-entering six-digit territory after recovering from a year-end slump. The cryptocurrency gained momentum from both institutional buying and anticipation surrounding President-elect Donald Trump’s upcoming policies. Bitcoin Performance Price as of 01:02 ET (06:02 GMT): $101,711.6 Daily Increase: 2.1%, briefly surpassing $102,000 earlier in the …

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• 7 January 2025 1:24 am

  Market Drivers; US Session

  

  As markets prepare for another US NFP jobs report that is expected at the end of the week, the US dollar depreciated on Monday, allowing other currencies to regain some much-needed ground. With a gentle decline, the US Dollar Index (DXY) dropped again below the 109.00 barrier and lost almost …

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• 7 January 2025 1:05 am

  Corporate Bankruptcies In Germany Touch 2008’s Levels, Record High In Switzerland

  

  A survey conducted in December 2024 revealed a decline in German corporate confidence.  Corporate bankruptcies in Germany have risen to levels comparable to those seen during the 2008 financial crisis. German corporates are in a range where some months could easily reach their highest levels in 20 years. During the …

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• 7 January 2025 12:28 am

  Canadian Dollar rebounds despite PM Trudeau resignation

  

  The Canadian Dollar Strengthened on MondayThe Canadian Dollar (CAD) appreciated by 0.5% on Monday, benefiting from a weakening of the US Dollar across the market. This move was further supported by the resignation of Canadian Prime Minister Justin Trudeau.Prime Minister Trudeau ResignsPrime Minister Trudeau announced his resignation as leader of …

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• 6 January 2025 11:25 pm

  Dow Jones Surges as Tech Soars, Tariff Concerns Ease

  

  The Dow Jones Industrial Average rallied on Monday, reclaiming the 43,000 mark, driven by a surge in technology stocks and tempered concerns over potential tariffs.Reports emerged suggesting a possible shift in the incoming administration’s stance on tariffs, indicating a more nuanced approach than initially anticipated. While the incoming President initially …

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• 6 January 2025 9:54 pm

  Euro Gains Following German CPI

  

  The euro rises 1%, earlier during the North American session. After reaching 1.0224 last week, the euro bounces back against the US dollar on Monday. As markets are driven by political unrest in Italy, Austria, and Canada, President-elect Trump seems to be considering imposing universal US tariffs. The EUR/USD pair …

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• 6 January 2025 8:34 pm

  Markets React as Trump Denies Critical Import Tariffs Amid Ongoing Discussions

  

  Trump Denies Report on Critical-Only Tariff Plans, Markets Rally US President-elect Donald Trump has denied a newspaper story claiming that his aides were exploring tariff ideas that would only cover key goods. The news published earlier, on Monday, citing three sources familiar with the matter, reported that Trump aides were …

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• 6 January 2025 7:48 pm

  XAU/USD Dips as Yields Rise, Market Awaits Key Economic Data

  

  Gold prices declined on Monday as rising US Treasury yields dampened investor appetite for the non-yielding asset. This move comes as the Federal Reserve signaled a potential shift towards a slower pace of interest rate cuts, prompting investors to closely monitor upcoming economic data for further clues on the central …

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