Noor Trends News, Technical Analysis, Educational Tools and Recommendations
The Dallas Fed’s Texas Manufacturing survey has revealed that the Fed’s hawkish interest rate hikes have had a negative impact on the economy. The August survey found that the production index, which measures factory activity in the state, fell again in August, dropping 6 points to -11.2, the lowest level …
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18 March, 2025 1:56 pm
Oil Prices Climb on Middle East Tensions and China’s Stimulus Plans
Oil prices surged over 1% on Tuesday, reaching their highest levels since early March, as geopolitic…
18 March, 2025 12:24 pm
European Markets Inch Higher Ahead of German Debt Vote and Trump-Putin Talks
European stock markets edged higher on Tuesday as investors focused on a pivotal vote in the German …
18 March, 2025 11:20 am
Bitcoin Drops as Traders Await Federal Reserve Decision
Bitcoin fell on Tuesday, extending its cautious performance from the previous session, as investors …
18 March, 2025 2:22 am
Market Drivers – US Session: Dollar Wobbles as Economic Fears and Fed Caution Grip Markets
The US dollar is showing signs of vulnerability, lingering near the lower end of its recent trading …
18 March, 2025 1:01 am
Geopolitical Tensions and Economic Optimism Stir Oil Market
Oil prices experienced a modest increase on Monday, fueled by a confluence of geopolitical tensions …
18 March, 2025 12:12 am
Economic Uncertainty Grips Markets as Fed Faces a Tightrope Walk
A palpable unease has settled over investors, fueled by anxieties surrounding President Trump’…
17 March, 2025 11:17 pm
Dow Roars Back: 600-Point Surge Amid Economic Uncertainty
Equities rebound from recent plunge, but trade tensions and soft retail data cast a long shadow.The …
17 March, 2025 9:32 pm
Dollar Drifts as Geopolitical and Policy Storm Clouds Gather
A week of potentially historic significance opens with the US Dollar easing, as markets brace for a …
17 March, 2025 8:40 pm
Gold Prices Still Soaring Above $ 3,000 Barrier
Gold prices have continued their upward trajectory since the start of trading on Monday, following t…
17 March, 2025 7:29 pm
Consumer Caution: Retail Sales Underwhelm Amid Economic Uncertainty
A note of caution has sounded within the US economy as retail sales for February fell short of expec…
Market Analysis
August, 2023
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28 August 2023 10:45 pm
AUD/USD rebounds on strong Aussie sales after Women’s World Cup
The Australian dollar has gained 0.40% against the US dollar due to positive retail sales data and falling bond yields. The pair is set to extend its losses after Fed’s Powell delivers hawkish remarks at Jackson Hole. The AUD/USD pair trades at 0.6421, gaining 0.30%. The US Dollar Index drops …
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28 August 2023 9:51 pm
US NFP data outlook for August looks uncertain
The US nonfarm jobs data for August is expected on Friday, with bond market investors seeking a reprieve from higher long-term rates. The August employment report showed the economy added fewer jobs than expected, but solid wage gains and a declining unemployment rate to 3.5% pointed to continued tightness in …
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28 August 2023 8:57 pm
WTI surges despite Chinese economic fears
WTI has surged despite Chinese economic fears, trading near $80.00 and at $79.94 per barrel. The fragile Chinese economic situation limits upside potential, but markets are monitoring potential supports from the Chinese government.Oil prices managed to maintain momentum despite the fragile real-estate sector and the plummeting Evergrande’s stock. The US …
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28 August 2023 7:40 pm
Gold price moves sideways as investors await key economic data
After a strong recovery, the price of gold has levelled out as investors look for new reasons to take action. At the time of writing, the precious metal is selling for $1921.51 per ounce. At the Jackson Hole Symposium, Fed Chair Jerome Powell reaffirmed that future policy decisions will be …
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28 August 2023 4:45 pm
Oil prices stabilised after China’s move to support the economy
Oil prices were little changed on Monday after China took steps to support its ailing economy, although investors remained concerned about the pace of growth as well as possible new hikes in US interest rates that could dampen demand for oil. China has halved the stamp duty on stock trading …
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28 August 2023 2:56 pm
USD is fluctuating amid expectations to keep interest rates high for a longer period
The dollar retreated slightly from a 12-week level on Monday, August 28, as investors assessed the path of US monetary policy after US Federal Reserve Chairman Jerome Powell left the door open to the possibility of further interest rate hikes. In a highly anticipated speech at the annual financial policy …
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28 August 2023 1:50 pm
Gold rises as markets assess impact of US interest rate path
Gold prices rose Monday, August 28, despite US Federal Reserve Chairman Jerome Powell’s statements about the possibility of further rate hikes, as markets seek indications through economic data this week to draw a clearer picture of the path of interest rates. Spot gold rose 0.1% to $1,915.99 an ounce by …
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28 August 2023 12:32 pm
The Nikkei index closed sharply higher, but the Chinese ban put pressure on tourism stocks
Japan’s Nikkei average on Monday posted its highest one-day rise in two months as investors bought back shares after losses at the end of last week, but tourism-related stocks fell amid concerns about the impact of a Chinese ban on seafood imported from Japan. The Nikkei rose 1.73 percent to …
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27 August 2023 9:24 pm
Financial Markets’ Weekly Recap, August 21-25
All economic developments and investor-focused topics in the previous trading week were eclipsed by the speeches by ECB President Christine Lagarde and Fed Chair Jerome Powell on Friday. Hawkish stances from Jackson HoleECB President Christine Lagarde and Fed Chair Jerome Powell addressed key economic developments and investor-focused topics. Lagarde emphasized …
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26 August 2023 2:00 am
Global economic woes, hawkish Fed stance drag GBP/USD lower
The GBP/USD pair retreated by 0.18% due to concerns over global business activity and China’s real estate market woes. The US Dollar Index advanced 0.19% to new two-month highs, driven by Powell’s hawkish remarks on inflation and rate hikes at Jackson Hole. Mixed US economic data, including lower-than-expected Initial Jobless …
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26 August 2023 1:00 am
Lagarde: Critical inflation expectations remain anchored at 2%
Christine Lagarde, president of the European Central Bank, said on Friday that crucial inflation expectations are still anchored at 2%. She emphasized the significance of these anticipations and expressed certainty that the inflation figures will change by the year end.Following statements by Lagarde of the ECB and Powell of the …
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25 August 2023 11:42 pm
S&P 500 Gains Following Powell’s Speech
After Jerome Powell, Fed Chair declared that monetary policymakers will proceed carefully in making interest rate decisions, Wall Street is hoping for its first profitable week in four weeks. The Nasdaq composite and Dow Jones Industrial Average both increased by 0.9% in late trade, while the S&P 500 increased by …
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