Gold prices edged higher in Asian trading on Wednesday, gaining 0.5% to reach $2,609.90 an ounce after recent declines driven by a strong U.S. dollar in the wake of Donald Trump’s re-election. Gold futures, however, dipped 0.4% to $2,615.70 an ounce as of early trading. The yellow metal’s recovery comes …
Read More »Germany’s Inflation Cools to 1.9% in February, Easing Pressure on the Euro
Germany’s annual inflation slowed to 1.9% in February, down from 2.1% in January, signaling a modest…
Oil Jumps as Iran Nuclear Talks Stall, Reviving Fears of Middle East Supply Disruptions
Oil prices climbed sharply on Friday after negotiations between the United States and Iran over Tehr…
Wall Street Futures Slide as Nvidia Pullback and Inflation Jitters Darken Week’s End
U.S. stock index futures fell on Friday, signaling a cautious close to the week as renewed pressure …
European Stocks Tread Water as Earnings Deluge Nears End, Inflation Data in Focus
European equities traded cautiously on Friday, as investors weighed a fresh batch of corporate earni…
Bitcoin Slips Again as Risk Aversion Bites, Crypto Heads for Fifth Straight Month of Losses
Bitcoin fell on Friday, halting a brief rebound from midweek lows as fragile risk appetite continued…
Gold Set for Strong February Finish as Geopolitical Tensions and Economic Uncertainty Fuel Safe-Haven Demand
Gold prices steadied in Asian trading on Friday and were on track to post solid gains for February, …
Behind the Scenes: Netflix Steps Aside as Paramount Moves to Seize Warner in $31 Share Showdown
In a dramatic twist that could redraw the map of global entertainment, Netflix has declined to raise…
Explainer: Geneva Talks Signal a Critical Crossroads As Diplomacy Weigh Market Sentiment
The nuclear negotiations between the United States and Iran on February 26, 2026, in Geneva were not…
Euro Slips Under Pressure from Stronger Dollar
The weaker than expected Eurozone data weighs on market sentiment on Thursday. The euro fell against…
Gold Defies Strong Dollar as Middle East Tensions and Rate Cut Hopes Fuel Demand
Gold remained steady above $5,170 as heightened tensions in the Middle East sustained investor deman…
Market Analysis
November, 2024
-
13 November 2024 2:21 am
Market Drivers; US Session
Dollar Strengthens Ahead of Key Data The US Dollar extended its rally on Wednesday, reaching a six-month high as investors remained optimistic about the “Trump trade.” The upcoming release of crucial US economic data, particularly the Inflation Rate, is set to be a major market mover. Key Developments:US Dollar Index …
Read More » -
13 November 2024 12:58 am
XAU/USD Declines on Soaring Dollar Ahead of Inflation Data
Gold prices have experienced a sharp decline, falling below the crucial $2,600 level, as the US Dollar strengthens and Treasury yields rise. This downward trend is primarily driven by a combination of factors, including a less dovish Federal Reserve, escalating geopolitical tensions, and a shift in investor sentiment.A Strengthening Dollar …
Read More » -
12 November 2024 11:49 pm
EUR/USD Plummets to One-Year Low
The Euro has continued its downward spiral against the US Dollar, breaching the 1.06 level on Tuesday. This marks a significant decline for the currency pair, which has been under pressure for several weeks.Why is the pair declining?Several factors are contributing to the Euro’s weakness:US Economic Strength: The US economy …
Read More » -
12 November 2024 10:57 pm
GBP/USD Plunges Amidst Economic Woes and Dollar Strength
The GBP/USD currency pair experienced a sharp decline on Tuesday, shedding nearly 1% of its value. This significant downward movement was primarily driven by a confluence of factors, including a strengthening US dollar, rising UK unemployment rates, and lingering concerns about the UK’s economic outlook.The GBP/USD pair is facing significant …
Read More » -
12 November 2024 10:14 pm
Crude Oil Struggles Amid Bearish Market Sentiment
Crude Oil prices have faced downward pressure due to a combination of factors, including increased supply and weakening global demand. Despite a brief rebound, the overall market sentiment remains bearish.Key Factors Impacting Oil Prices:OPEC’s Supply Outlook: The Organization of the Petroleum Exporting Countries (OPEC) has revised its global oil demand …
Read More » -
12 November 2024 9:06 pm
Dow Jones Pauses After Election Rally As Focus Shifts To Inflation Data
The Dow Jones Industrial Average (DJIA) took a breather on Tuesday, retreating slightly from its recent post-election rally. Despite the minor pullback, the index remains firmly above the 44,000 level, indicating a strong bullish sentiment among investors.The Dow Jones Industrial Average’s recent pause reflects a natural market correction after a …
Read More » -
12 November 2024 7:23 pm
Fed’s Kashkari: Can’t declare victory on inflation, but have reasons to be confident
Federal Reserve Bank of Minneapolis President Neel Kashkari noted on Tuesday that while the Fed has many reasons to feel confident about its long-running battle with transitory inflation, it still may be too soon to declare outright victory. Key US Consumer Price Index (CPI) figures expected in the midweek are …
Read More » -
12 November 2024 4:33 pm
German Investor Morale Dips Amid Political and Global Uncertainty
Investor confidence in Germany took a notable hit in November, clouded by the combined impact of domestic political turmoil and global economic uncertainties stemming from Donald Trump’s re-election as U.S. president. The ZEW Institute reported a substantial decline in its economic sentiment index, which dropped to 7.4 points from 13.1 …
Read More » -
12 November 2024 2:41 pm
Oil Prices Steady as Market Awaits OPEC Report Amid China Stimulus Disappointment and Supply Concerns
Oil prices remained largely unchanged on Tuesday, with investors holding off major moves ahead of OPEC’s anticipated monthly report. Market sentiment was also shaped by China’s recent underwhelming stimulus measures and continued oversupply concerns. As of 07:45 GMT, Brent crude futures inched up 4 cents to $71.87 per barrel, while …
Read More » -
12 November 2024 1:27 pm
U.S. Dollar Surges to Four-Month High Amid Expectations for Trump-Led Policies and Fed Tightening
The U.S. dollar continued its upward momentum on Tuesday, reaching a four-month peak as financial markets factored in the impact of an incoming Donald Trump administration and a potentially more hawkish Federal Reserve stance. At 04:00 ET (09:00 GMT), the Dollar Index, which measures the currency against a basket of …
Read More » -
12 November 2024 12:41 pm
European Stocks Dip as Inflation and Employment Data Weigh on Sentiment
European stock markets fell on Tuesday morning as investors assessed fresh economic data from the region, particularly inflation and employment figures, alongside quarterly earnings updates from key corporations. At 03:10 ET (08:10 GMT), Germany’s DAX was down 0.9%, France’s CAC 40 dropped 1%, and London’s FTSE 100 slipped by 0.4%. …
Read More » -
12 November 2024 2:26 am
Recent surge could lead Bitcoin’s $90K-$100K Ceiling: A Market Maker’s Challenge
Bitcoin’s relentless ascent has recently captured the world’s attention, with many analysts predicting further price increases. However, a significant hurdle may lie ahead: the $90,000 to $100,000 price range. Market makers, the financial institutions that facilitate trading by providing liquidity, could play a crucial role in capping Bitcoin’s upward momentum …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations