Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2025

• 3 January 2025 2:42 pm

  European Stocks Decline Amid Focus on Economic Data and U.S. Policy Uncertainty

  

  European markets closed the week on a cautious note, with the pan-European STOXX 600 index slipping 0.2% by 09:22 GMT. Despite the decline, the index remains poised for a 0.7% weekly gain, as light trading activity marked the return of investors from New Year holidays. In country-specific moves, Swiss stocks …

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• 3 January 2025 12:34 am

  Market Drivers; US Session: King USD Rallies Near 2022’s Highs

  

  On the first day of trading in 2025, the US dollar surged to the top of the forex pile as wider markets continue to place a strong bet on the safe haven currency. In a world of unstable economic conditions, traders may not be the largest supporters of the US …

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• 3 January 2025 12:13 am

  A Murky Start to 2025: Dow Jones Stumbles Despite Jobless Claims Decline

  

  The Dow Jones Industrial Average stumbled out of the gate in 2025, delivering a lackluster performance on the first trading day of the year. Despite a decline in US Initial Jobless Claims, which typically signals a healthy labor market, the index failed to sustain early gains, ultimately ending the day …

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• 2 January 2025 11:57 pm

  Mix of Progress After Grim Year of Uncertainty in the US Energy Sector

  

  The U.S. oil and gas sector is at a crossroads. While recent data points to a modest improvement in business activity, a closer look reveals a complex and nuanced picture. The Dallas Fed Energy Survey, for instance, indicated a slight uptick in the company outlook index, suggesting a cautiously optimistic …

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• 2 January 2025 11:02 pm

  USD/JPY Forecast: Bullish Momentum Gains Traction

  

  The USD/JPY currency pair surged towards its December high, driven by a confluence of factors. Expectations of a prolonged period of higher interest rates in the United States, fueled by the potential for a Trump presidency, underpinned the US Dollar. The Federal Reserve, in its December statement, signaled a more …

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• 2 January 2025 10:04 pm

  Loonie Lags Despite PMI Beat, Eyes US Data for Direction

  

  The Canadian Dollar (CAD) remained subdued against the US Dollar on Thursday, struggling to gain traction despite a modestly better-than-expected Manufacturing PMI reading. While the data provided a brief respite from the recent bearish trend, the Loonie remains vulnerable to further downside pressure amidst a broadly stronger US Dollar.The December …

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• 2 January 2025 9:08 pm

  Cryptocurrencies Surge to Start 2025, Buoyed by Renewed Investor Optimism

  

  The cryptocurrency market has kicked off the new year with a strong rebound, recovering from recent losses as investor confidence returns. Bitcoin, the leading cryptocurrency, saw a significant surge on Thursday, gaining 3% to reach $97,426.02, bringing its year-to-date gains to approximately 4%.This positive momentum extended across the broader crypto …

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• 2 January 2025 8:17 pm

  Euro Retreats to Two-Year Low Amidst Economic Growth Concerns

  

  The Euro experienced a significant decline on Thursday, falling below 1.0250 against the US Dollar. This marks the lowest level for the currency pair in two years, raising concerns about the Euro’s weakening trajectory.The decline follows the release of disappointing European Manufacturing Purchasing Managers’ Index (PMI) data. The PMI unexpectedly …

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• 2 January 2025 7:12 pm

  Pound Sterling Plunges as UK Manufacturing Slumps and Fed Hints at Fewer Cuts

  

  The British Pound Sterling (GBP) plummeted against the US Dollar (USD) on Thursday, hitting an eight-month low near 1.2440. At the time of writing, the GBP/USD pair is down -1.01%; trading at 1.238. This sharp decline was driven by a confluence of factors:Weakening UK Manufacturing: The final S&P Global/CIPS Manufacturing …

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• 2 January 2025 4:07 pm

  U.S. Futures Begin 2025 on a High Note Amid Optimism

  

  U.S. stock index futures opened the new year on a positive trajectory, reflecting investor optimism following a year of stellar market performance. By 05:25 ET (10:25 GMT), Dow Jones Futures rose 195 points (0.5%), S&P 500 Futures gained 38 points (0.7%), and Nasdaq 100 Futures climbed 165 points (0.8%). The …

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• 2 January 2025 3:13 pm

  European Stocks Struggle Amid Valuation Concerns and U.S. Policy Uncertainty

  

  European stocks fluctuated on the first trading session of 2025, as investor sentiment remained cautious following a late-year selloff driven by concerns over high valuations and potential policy shifts under incoming U.S. President Donald Trump. The pan-European STOXX 600 index dipped 0.2% by 0946 GMT, erasing earlier gains as trading …

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• 2 January 2025 1:29 pm

  Oil Prices Edge Higher Amid Cautious Optimism on Chinese Growth

  

  Oil prices started 2025 with modest gains on Thursday as investors cautiously assessed China’s economic outlook and fuel demand. President Xi Jinping’s pledge to adopt proactive policies aimed at boosting growth in 2025 provided some optimism to the market. Brent crude futures climbed by 0.21% to $74.80 per barrel, while …

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• 2 January 2025 12:22 pm

  Gold Prices Show Modest Gains Amid Dollar Weakness, Fed Rate Outlook in Focus

  

  Gold prices inched higher in Asian trading on Thursday, building on their robust performance in 2024 as a softer U.S. dollar lent support. However, investor caution lingered due to the U.S. Federal Reserve’s indications of fewer interest rate cuts in 2025. Spot gold rose by 0.3% to $2,632.82 per ounce, …

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