Noor Trends News, Technical Analysis, Educational Tools and Recommendations

December, 2024

• 10 December 2024 1:36 pm

  European Markets Edge Lower as China Trade Concerns and U.S. Inflation Data Take Center Stage

  

  European stock markets opened in the red on Tuesday as weak trade data from China dampened the momentum created by recent stimulus pledges. Investors are now turning their attention to upcoming U.S. inflation data, which could influence monetary policy decisions. Market Performance STOXX 600 index fell 0.2% to 520.02 by …

  Read More »
• 10 December 2024 7:54 am

  Market Drivers; US Session: Investors Closely Follow the RBA Ahead of US CPI

  

  The global financial markets are currently laser-focused on recent decisions and upcoming events that could significantly impact various asset classes. Investors are particularly attentive to the rate decision by the Reserve Bank of Australia (RBA) and the anticipated US Consumer Price Index (CPI) report.Reserve Bank of Australia (RBA) DecisionThe RBA …

  Read More »
• 10 December 2024 7:01 am

  2025 Financial Outlook: Shares, Cash, Bonds, Commodities, Gold, and Bitcoin

  

  As investors step into 2025, the financial landscape is poised for significant shifts across various asset classes. This overview is an attempt to delve into the expected trends for shares, cash, bonds, commodities, gold, and Bitcoin, providing a comprehensive understanding of what the new year might bring and could bring …

  Read More »
• 10 December 2024 1:42 am

  The USD/JPY Continues to Rise for the Second Consecutive Day

  

  The USD/JPY pair defied its typical market correlation, rising in line with the U.S. dollar at the end of the first trading day of the new week. The U.S. dollar continued to benefit from geopolitical tensions in the Middle East, the implications of U.S. employment data, and the anticipation of …

  Read More »
• 10 December 2024 12:12 am

  US Dollar Caught Between Inflation and Growth

  

  The US Dollar Index (DXY) has been navigating a complex landscape, caught between the twin forces of persistent inflation and a potential economic slowdown. As the Federal Reserve (Fed) grapples with the delicate task of balancing these opposing forces, the dollar’s future trajectory remains uncertain.The recent release of November’s Consumer …

  Read More »
• 9 December 2024 11:34 pm

  A Rocky Start to the Week: Dow Jones Pauses Near 44,600

  

  The Dow Jones Industrial Average (DJIA) commenced the new trading week on a cautious note, hovering near the 44,600 level. While China’s recent monetary policy shift initially ignited optimism, geopolitical tensions in the Middle East and South Korea, coupled with concerns about the global economic landscape, tempered investor enthusiasm. China’s …

  Read More »
• 9 December 2024 9:02 pm

  Consumers See Sunny Skies Ahead, But Inflation Clouds the Horizon

  

  A recent survey by the New York Federal Reserve paints a picture of a consumer landscape marked by both optimism and apprehension. While Americans are increasingly confident about their personal financial prospects, a growing concern about rising inflation casts a shadow over the economic horizon.The survey found that consumers expect …

  Read More »
• 9 December 2024 7:56 pm

  XAU Climbs Amid Geopolitical Tensions and Central Bank Buying

  

  Gold prices climbed higher on Monday, trading up some 1.33% at $2667 per ounce, driven by a combination of factors:Geopolitical Uncertainty: The ongoing instability in the Middle East, particularly following the fall of the Bashar al-Assad regime in Syria, has increased demand for safe-haven assets like gold. Central Bank Buying: …

  Read More »
• 9 December 2024 4:05 pm

  US Stock Futures Slip as Investors Await Inflation Data; Oil Gains on Syria Turmoil

  

  US stock index futures edged lower Monday as investors paused to consolidate last week’s record gains, awaiting key November inflation data for fresh signals on the Federal Reserve’s interest rate trajectory. Stock Futures Slightly Down At 05:45 ET (10:45 GMT), futures for the: Dow Jones Industrial Average dropped 30 points, …

  Read More »
• 9 December 2024 3:13 pm

  US Dollar Dips as Geopolitical Risks Weigh Amid Economic Data Focus

  

  The US dollar edged lower on Monday, as traders digested last week’s jobs report pointing toward a likely Federal Reserve rate cut later this month. However, the greenback’s losses were modest, supported by ongoing geopolitical instability in the Middle East. Dollar Shows Signs of Weakness By 04:00 ET (09:00 GMT), …

  Read More »
• 9 December 2024 2:27 pm

  Oil Prices Rise as China Signals Monetary Policy Shift and Geopolitical Uncertainty Fuels Gains

  

  Oil prices rose by more than 1% on Monday, supported by expectations of economic stimulus from China and geopolitical developments in the Middle East. China’s Policy Shift Spurs Optimism Brent crude futures climbed 94 cents, or 1.32%, to $72.06 per barrel by 0852 GMT, while U.S. West Texas Intermediate (WTI) …

  Read More »
• 9 December 2024 2:26 pm

  European Shares Near Six-Week Highs on China Stimulus Hopes

  

  European stocks hovered near six-week highs on Monday, buoyed by gains in mining and luxury sectors following signs of stimulus measures aimed at reviving China’s slowing economy. Market Overview The pan-European STOXX 600 index edged up 0.1% by 1000 GMT, extending its rally to an eighth consecutive session. However, Germany’s …

  Read More »
• 9 December 2024 12:45 pm

  Bitcoin Pulls Back Amid Policy Anticipation, Altcoins Lead Market Shifts

  

  Bitcoin saw a modest retreat on Monday, slipping 0.4% to $99,439.8 as traders awaited further clarity on U.S. crypto policy under the incoming administration of President-elect Donald Trump. This pullback comes after a weekend rally that saw the cryptocurrency brush record highs. Policy Optimism Fuels Recent Surge Bitcoin’s sharp rise …

  Read More »