The electronics used in the modern world are mostly powered by the semiconductor industry. Semiconductors are the vital components that make all technology possible, from computers and cellphones to cars and medical equipment.Investors may be concerned about the recent drop in several semiconductor companies, but it’s crucial to keep in …
Read More »Oil Prices Soar Amid U.S.-Iran Tensions – 2026 Outlook Brightens
Crude Oil Surges as Geopolitical Tensions Heat UpGlobal oil prices surged sharply this week as tensi…
Wall Street Stumbles as Global Tensions Bite, Inflation Clouds the Outlook
Wall Street opened today under a heavy cloud of renewed inflation worries. Fresh data showed that pr…
SpaceX ETF Hits Turbulence as Private Stock Stakes Balloon, A Private Giant in Public Hands
The SpaceX ETF is under the spotlight as its stake in the private space company has soared to nearly…
Behind the AI Race Scene: Is Apple Playing a Different Game?
In the high‑stakes world of artificial intelligence, the headlines are dominated by tech giants raci…
Gold Surges Past $5,200 Amid US-Iran Tensions
Gold reclaimed the $5,200 level on Friday, driven by heightened geopolitical risks and a surge in sa…
Dollar Fails to Shine as Inflation Heats Up, Euro Holds Its Ground, Yen Finds Footing
The U.S. dollar is showing signs of hesitation despite recent inflation data that many had expected …
Inflation Heats Up Again: Rising Producer Prices Shake Markets, Bitcoin Slips
Fresh U.S. inflation data has stirred markets, showing that price pressures are still lingering in t…
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 …
Market Analysis
July, 2024
-
29 July 2024 9:34 pm
US Stocks trade higher ahead of FOMC, Tech Earnings
Wall Street saw modest gains on Monday as investors navigated a quiet trading day ahead of pivotal events this week. The Dow Jones Industrial Average inched up 0.1%, the S&P 500 rose 0.4%, and the Nasdaq Composite climbed 0.5%.Market participants are keenly focused on the Federal Reserve’s interest rate decision …
Read More » -
29 July 2024 8:47 pm
GBP/USD Slides ahead BoE’s decision
GBP/USD retreats 1.70% from its year-to-date high of 1.3043, trading at 1.2826. Technical outlook shows bearish momentum, with key support at 1.2800 and potential further losses to 1.2612-1.2622 area. Buyers need to push past 1.2893 to challenge 1.2900 and higher resistance levels.The GBP/USD begins the week on the back foot …
Read More » -
29 July 2024 7:43 pm
Dallas Fed Manufacturing Index Misses Expectations
The Federal Reserve Bank of Dallas released Dallas Fed Manufacturing Index report. The report indicated that Dallas Fed Manufacturing Index declined from -15.1 in June to -17.5, compared to analyst forecast of -12.Production Index declined from 0.7 in June to -1.3 in July, while New Orders Index decreased from -1.3 …
Read More » -
29 July 2024 12:57 pm
European Shares Rise as Oil Sector Gains on Middle East Tensions and Positive Earnings Reports
European stock markets opened the week on a positive note, driven by gains in the oil sector amid concerns of a potential escalation in the Middle East and supported by a series of encouraging corporate earnings. Market OverviewThe pan-European STOXX 600 index rose 0.4% by 0713 GMT on Monday, continuing …
Read More » -
29 July 2024 11:20 am
Oil Prices Rise Amid Middle East Tensions and Market Uncertainties
Oil prices rose on Monday, recovering some of the losses from the previous week, due to concerns about a potential escalation in the Middle East following a rocket strike in the Israeli-occupied Golan Heights. This strike, which Israel and the United States attributed to the Lebanese armed group Hezbollah, resulted …
Read More » -
29 July 2024 10:38 am
Yen Edges Higher Amid Safe Haven Demand and Policy Speculation
The Japanese yen edged higher on Monday, recovering from early losses as sentiment remained fragile following a significant rally last week. This rally was driven by a tech-led stock rout in the U.S., which increased demand for safe haven assets like the yen. Market Focus on Upcoming Policy Decisions Traders …
Read More » -
29 July 2024 9:42 am
Gold Prices Rise in Asian Trade, Buoyed by Fed Rate Cut Expectations
Gold prices climbed in Asian trade on Monday, regaining some of the ground lost throughout most of July. This recovery is largely attributed to growing expectations of interest rate cuts by the Federal Reserve, as well as a weaker dollar following recent U.S. inflation data. Spot and Futures Prices Spot …
Read More » -
29 July 2024 1:08 am
Weekly Recap: US dollar remains stagnant amid significant economic, political, and geopolitical changes
Several factors dominated market activity throughout last week, including economic data, developments in the US political landscape ahead of the 2024 presidential election, escalating geopolitical tensions in the Middle East amid the ongoing war in Gaza, and updates on the monetary policies of central banks in major economies. Economic Data …
Read More » -
27 July 2024 1:48 am
OPEC Under Pressure Due To Falling Oil Prices
In the days leading up to the important OPEC meeting on August 1, oil prices are collapsing. The drop this week, which was caused by worries over China’s slowing consumption, puts the oil cartel in a risky position as it navigates a volatile market. At the time of writing WTI …
Read More » -
27 July 2024 1:25 am
Canada’s Corporate Earnings Reveal National Economy’s Pulse
Canada’s corporate earnings season is set to kick off with a bang, as key players from diverse sectors prepare to unveil their financial performance. From the energy giants Topaz Energy and Gibson Energy to the consumer-focused Tilray Brands, the week of July 29th promises a wealth of data that will …
Read More » -
26 July 2024 8:59 pm
Gold surges on sliding T-yields after US data
Gold prices surged 1.01% on Friday, supported by lower US Treasury yields amid growing optimism for an interest rate cut by the Fed in September after data showed US prices rose modestly in June.Spot gold was up about 1.01% to $2,389.71 per ounce, after hitting its lowest since July 9 …
Read More » -
26 July 2024 7:02 pm
US Dollar Index edges lower following US PCE Inflation
As stable US core PCE inflation growth seems insufficient to affect firm Fed rate-cut expectations, the US dollar declines. It is largely expected that the Fed will hold interest rates steady the following week. The confidence of Fed policymakers on the return of inflation to a 2% path has increased. …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations