Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2025

• 8 February 2025 12:00 am

  Euro Slides Post-NFP Report as Dollar Strengthens, Tariff Threats Loom

  

  The EUR/USD pair fell to near 1.0360 on Friday following the release of stronger-than-expected US Nonfarm Payroll (NFP) data for January. The US Dollar Index (DXY) rose to around 107.90 as a result. While job growth was lower than anticipated at 143,000 (compared to the expected 170,000 and the revised …

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• 7 February 2025 10:19 pm

  What can recent statements by Fed officials tell about labour market, inflation?

  

  The Federal Reserve faces a complex economic landscape. Recent statements from Fed Governors Kugler and Goolsbee highlight the challenges in achieving price stability while maintaining healthy economic growth. Their remarks underscore the delicate balancing act the Fed must perform as it navigates uneven progress on inflation, a robust labour market, …

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• 7 February 2025 9:53 pm

  Trump: I will announce reciprocal tariffs next week on many countries

  

  In a series of statements on social media on Friday, US President Donald Trump announced that his intentions to impose broad tariffs on the majority of US trading allies are once again being considered as a way to reduce the US government deficit. Under President Trump’s leadership, the US budget …

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• 7 February 2025 8:43 pm

  Consumer Sentiment Hits Low as Inflation Expectations Soar

  

  The University of Michigan’s (UoM) Consumer Sentiment Index has revealed a decline in consumer confidence, primarily driven by rising inflation fears. The preliminary UoM Sentiment Index for January fell to 67.8, compared to investor forecasts of 71.8 and December’s reading of 71.1. This marks the lowest point in the index …

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• 7 February 2025 7:29 pm

  WTI Crude Oil Prices Rise Following NFP Report

  

  WTI crude oil prices rose to around $70.80 per barrel on Friday, driven by renewed optimism about energy demand stemming from the latest US labor market report. While January’s Nonfarm Payrolls (NFP) fell short of expectations at 143,000 new jobs, the continued resilience of the labor market and strong wage …

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• 7 February 2025 5:55 pm

  U.S. Job Growth Slows in January Amid Revisions and Weather Disruptions

  

  The U.S. economy added fewer jobs than expected in January, signaling a potential slowdown in labor demand. However, analysts cautioned that the figures may be distorted by annual revisions and extreme weather conditions. Nonfarm payrolls: 143,000 (below the forecast of 169,000). December jobs revised upward: 307,000 (previously reported as 256,000). …

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• 7 February 2025 3:57 pm

  U.S. Stock Futures Steady as Investors Await Jobs Report, Amazon Drops on Weak Outlook

  

  U.S. stock index futures steadied on Friday, as investors awaited the crucial nonfarm payrolls report while digesting Amazon’s weaker-than-expected revenue outlook. Stock Market Overview Dow Jones Futures: Up 16 points (0.1%) S&P 500 Futures: Down 3 points (0.1%) Nasdaq 100 Futures: Down 15 points (0.1%) On Thursday, the NASDAQ Composite …

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• 7 February 2025 2:31 pm

  Dollar Steady Ahead of U.S. Jobs Data, Yen Gains on Rate Hike Bets

  

  The U.S. dollar held steady on Friday as traders awaited key U.S. payroll figures, while the yen climbed to a nine-week high on expectations of further rate hikes in Japan. Key Currency Movements Dollar Index: Flat at 107.63, down 2.1 percent from Monday’s high of 109.88, as global trade tensions …

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• 7 February 2025 1:08 pm

  German Industrial Production Declines Sharply in December

  

  Germany’s industrial production saw a significant decline in December 2024, marking the steepest drop in five months as the manufacturing sector continued to face challenges despite signs of stabilization in other parts of the economy. Key Figures and Sector Impact Industrial output fell by 2.4 percent from the previous month, …

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• 7 February 2025 11:37 am

  Gold Prices Rise, Near Record Highs as Safe-Haven Demand Strengthens

  

  Gold prices rose in Asian trading on Friday, staying close to recent record highs as investors sought safe-haven assets amid global uncertainty ahead of key U.S. labor market data. Key Gold Price Movements Spot gold: $2,862.67 per ounce (+0.2%) Gold futures: $2,884.81 per ounce (+0.3%) Weekly gain: +2.4% Gold was …

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• 7 February 2025 10:33 am

  Oil Prices Steady but Headed for Third Weekly Decline Amid Oversupply Fears and Trade Tensions

  

  Oil prices remained largely unchanged in Asian trading on Friday but continued to be on track for their third consecutive weekly decline, driven by concerns over a supply glut and U.S.-China trade tensions. Brent Oil Futures: $74.27 per barrel (flat) U.S. Crude (WTI) Futures (March): $70.33 per barrel (flat) Weekly …

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• 7 February 2025 3:03 am

  Gold Prices Retreat Amid Profit Taking, Stronger Greenback

  

  Gold prices experienced a downturn, influenced by a confluence of factors including a strengthening US dollar, rising Treasury yields, and profit-taking by traders. This decline occurred despite underlying market jitters related to US equities and employment data. Gold’s upward momentum stalled on Thursday, as US Treasury yields rebounded and the …

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• 6 February 2025 11:57 pm

  USD/CAD Creeps Up as Markets Brace for Jobs Reports

  

  The USD/CAD pair edged higher to around 1.4305 late Thursday, supported by slightly firmer US yields. Market caution prevailed due to ongoing uncertainty surrounding US trade policy, particularly regarding potential tariffs on Canada. While a 30-day delay on tariffs was granted, the threat persists, and any renewed trade tensions could …

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