Open Demo Account

Market Analysis

January, 2023

  • 1 January 2023 11:33 pm

    Financial Markets’ Weekly Recap, December 26-30

    For the last three days of trading in the previous week, most trading has been done amid thin market, namely with the number of buyers and sellers at a minimum. This brought about significant volatility and low liquidity.Volatility was on the rise during the last hour of trading of the …

    Read More »

December, 2022

  • 30 December 2022 11:45 pm

    Wall Street set to close tough year in the red territory

    Wall Street was dragged lower by losses in growth and healthcare equities during the final trading day of a tough year, which was marked by aggressive stance and recurrent interest-rate hikes to keep inflation under control in addition to the ongoing Russia-Ukraine war and recession woes.The losses made communication services, …

    Read More »
  • 30 December 2022 9:05 pm

    Natural gas leads 2022 commodities rally

    Natural gas markets were expected on Friday to end 2022 with strong gains after a global energy crisis triggered by the Russia-Ukraine war stoked prices, and tighter supplies expected in 2023 could fuel more gains.On the other hand, industrial metals, iron ore and rubber are edging lower and expected to …

    Read More »
  • 30 December 2022 8:02 pm

    Gold unable to consolidate above $1,820

    Gold prices are able to print new highs on Friday, but have difficulties holding above the $1,820 level, while silver hits fresh lows. Volatility prevails during the final hours of 2022 across financial markets.Gold prices are hovering around $1,820 about to end 2022 practically flat for an eventful year. On …

    Read More »
  • 30 December 2022 1:18 pm

    Nikkei index closed flat and recorded its first annual loss in 4 years

    On Friday, Japan’s Nikkei index gave up early gains to close flat ahead of the New Year holidays and post its first annual loss in four years. The index ended trading stable at 26094.50 points, after rising 0.9 percent earlier in the session, tracing the impact of the gains seen …

    Read More »
  • 30 December 2022 11:49 am

    Oil is about to end 2022 on a high after a turbulent year marred by tight supplies

    Oil prices rose on Friday and were on course for the second year in a row, albeit small, in a year marked by tight supplies due to conflict in Ukraine, a strong dollar and weak demand from China, the world’s biggest crude importer. Brent crude futures were up 44 cents, …

    Read More »
  • 30 December 2022 11:12 am

    Gold loses its luster for the second year

    Gold prices stabilized on Friday, but were set to incur a loss for the second year in a row, as the Federal Reserve’s hike in interest rates severely weakened the attractiveness of non-yielding bullion. Spot gold rose 0.2 percent to $1,818.19 an ounce at 0540 GMT. US gold futures fell …

    Read More »
  • 30 December 2022 5:12 am

    Market Drivers – US Session 29/12/2022

    Amid thin market conditions, the US Dollar retreated on Thursday. Positive market sentiment madde a very good day for US equities. Key DevelopmentsChinese news headlines triggered several market reactions. On Wednesday, financial markets were on alert after Italy reported that roughly 50% of the passengers of two flights arriving in …

    Read More »
  • 30 December 2022 4:58 am

    Explainer: What is behind current light to thin market trend

    Wall Street Santa

    Most trading has been done for almost three days now amid ”Thin Market” that can be typically defined as a “period when there is a low number of buyers and sellers, they can be even only a minimum whether it is for a single stock, a whole sector, or the …

    Read More »
  • 30 December 2022 2:00 am

    USD/CHF hovers around nine-month low on weaker dollar

    On Thursday, The USD/CHF pair revisits multi-day low, last seen in March, amid broader US dollar’s decline. The positive market sentiment, in addition to the Treasury bond yields, in he red territory, have together impacted the American currency.The pair is trading at the time of writing versus the previous closing …

    Read More »
  • 30 December 2022 12:47 am

    A Good Trading Day: Wall Street Closes Firmer Amid Thin Trading

    All 11 S&P 500 sector indexes surged on Thursday, with communication service and technology as the biggest winner with gains of nearly 3%.Wall Street’s main indexes closed higher on Thursday, led by growth stocks amid thin trading conditions, as US jobs data signaled the Fed’s interest rate hikes started to …

    Read More »
  • 29 December 2022 11:50 pm

    Gold aspires to $1817 on retreating T-yields, weaker USD

    The price of gold holds its latest gains above $1,816 amidst thin liquidity conditions. The worse-than-expected Initial Jobless Claims data that failed to support the US dollar on Thursday. The US Department of Labour said that Initial Jobless Claims for the week ended on December 24 jumped to 225K, and …

    Read More »
  • 29 December 2022 10:45 pm

    Oil weakens amid thin trading on China uncertainty

    Oil prices fell by more than one dollar on Thursday, as more countries ponder new restrictions on flight passengers coming from Chinese airports. This news is raising concerns over demand during a prevalent state of uncertainty about COVID-19 infections spreading in China.Conflicting headlines about demand from top oil importer China …

    Read More »
This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends