Noor Trends News, Technical Analysis, Educational Tools and Recommendations
The entire market was focused on Coronavirus mutant headlines statements of Moderna. The World Health Organization has warned of a very high risk of infection from Omicron, as some countries have already tightened border controls. However, US President Joe Biden said the US would not restore lockdowns, giving investors’ confidence …
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18 May, 2024 12:31 am
Walmart’s Strong Earnings and High-End Customer Base
Walmart recently revealed first-quarter fiscal earnings that were higher than anticipated. During th…
17 May, 2024 10:47 pm
Dow Jones marginally rises on quiet Friday trading
With a marginal increase, Dow Jones seems unchanged on quiet Friday, although it was still significa…
17 May, 2024 9:14 pm
US Dollar Seems Neutral Amid Cautious Remarks By Fed Policymakers
As of right now, the US dollar index is trading at 104.50, indicating a neutral performance (DXY). S…
17 May, 2024 7:46 pm
GBP/USD Rallies as bulls aim for YTD high
During the North American session on Friday, the GBP/USD pair recovered from its losses on Thursday …
17 May, 2024 7:15 pm
Weaker Canadian Dollar May Not Stop BoC’s Divergence From Fed’s Path
In order to prevent a falling currency that could jeopardize the outlook for inflation, the Bank of …
17 May, 2024 1:42 pm
Bitcoin Reverses Gains Amid Fed Warnings on Interest Rates
Bitcoin prices dipped slightly on Friday, erasing some of the gains seen in the past two days as cau…
17 May, 2024 11:38 am
European Stocks Edge Lower Ahead of Key Inflation Data
European stock markets retreated slightly on Friday, as investors awaited crucial inflation data ami…
17 May, 2024 10:33 am
Dollar Faces Largest Weekly Drop Against Euro in Over Two Months Amid Cooling U.S. Inflation and Economic Slowdown
The dollar is on track for its biggest weekly decline against the euro in two and a half months, as …
17 May, 2024 9:59 am
Gold Prices Dip Amid Fed Officials’ Cautious Stance, but Weekly Gains Persist
Gold prices saw a slight decline on Friday, trimming some of the week’s gains, as Federal Rese…
17 May, 2024 9:30 am
Asian Markets Retreat Amid Fed Warnings and Mixed Chinese Data
Asian stock markets faced declines on Friday as a series of warnings from Federal Reserve officials …
Market Analysis
November, 2021
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30 November 2021 5:35 pm
The Turkish Economy Grew 7.4% in The Q3 of 2021
Official data showed that the Turkish economy grew by 7.4% on an annual basis in the third quarter of 2021, in line with expectations of higher demand for retail sales, industrial production, and exports. The data of the Turkish Statistical Institute showed GDP growth of 2.7% compared to the previous …
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30 November 2021 3:52 pm
Eurozone Preliminary CPI Unexpectedly Jumps in November
The annualized Eurozone Consumer Price Index (CPI) jumps by 4.9% in November, surprising markets to the upside while higher from the previous rise of 4.1%, the latest data published by Eurostat showed on Tuesday. The consensus forecast was for a drop to 3.7%. The core figures arrived at 2.6% YoY …
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30 November 2021 3:10 pm
The Dollar is Falling And The Yen is Jumping After Moderna’s Statements
The dollar fell against other major currencies on Tuesday, and the yen rose to near its highest levels in more than two weeks after the CEO of Moderna Pharmaceuticals told the Financial Times that current vaccines against Covid-19 are likely to be less effective against the new mutant Omicron. Markets …
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30 November 2021 2:01 pm
Market Drivers – Asian Session 30-11-2021
Japanese shares closed lower for a third straight session on Tuesday after the CEO of Moderna Pharmaceuticals told the Financial Times that current COVID-19 vaccines are likely to be much less effective against the new mutant Omicron than previous mutated strains. Japan’s Nikkei index fell 1.63 percent to 27,821.76 points, …
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30 November 2021 1:13 pm
Gold Rises Amid Warnings of Omicron
Gold prices rose on Tuesday after the president of Moderna warned that COVID-19 vaccines will likely not be as effective against the Omicron mutant as they are with the Delta strain. And gold rose in immediate transactions 0.3 percent to 1790.92 dollars an ounce (an ounce). US gold futures rose …
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30 November 2021 12:38 pm
Oil Prices Are Falling After Statements From Moderna
Oil prices retreated, giving up gains on Tuesday, November 30, dropping by more than two dollars, as financial markets declined in general after an interview with the CEO of Moderna raised doubts about the effectiveness of anti-Corona vaccines against the new mutant Omicron. The president of Moderna Pharma told the …
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30 November 2021 2:19 am
Market Drivers – US Session – 29-11-2021
US Fed Chair Jerome Powell, in testimony prepared for delivery Tuesday before the Senate Banking Committee, and released Monday by the Fed, said that he continues to expect high inflation to recede over the next year as supply and demand come into better balance, but warned that prices could continue …
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30 November 2021 2:08 am
Germany’s Inflation Touches 29 Year High
The federal statistics agency Destatis released preliminary data, on Monday, showing German consumer prices had hit a 29-year high in November, as soaring energy costs and supply chain bottlenecks weigh on Europe’s top economy.The year-on-year inflation rate has accelerated for the fifth month in a row now, with a number …
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30 November 2021 1:54 am
Powell: Inflation will linger well into next year
US Fed Chair Jerome Powell, in testimony prepared for delivery Tuesday before the Senate Banking Committee, and released Monday by the Fed, said that he continues to expect high inflation to recede over the next year as supply and demand come into better balance, but warned that prices could continue …
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30 November 2021 1:25 am
OPEC+ Meetings Postponed To Evaluate Omicron Impact
OPEC+ has postponed two meetings scheduled for the current week in order to avail more time to evaluate the implications of the latest coronavirus update about the emergence of a highly mutated variant.The group had moved the meeting of its joint technical committee to Wednesday from Monday, and the meeting …
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30 November 2021 1:07 am
Tech Shares Save Wall Street from Omicron Dilemma
Bargain buying in technology stocks has driven Wall Street higher on Monday following a collapse related to Omicron strain, while the Dow Jones lagged its peers as major banks fell and investors awaited more information on the new coronavirus variant.The S&P technology subindex jumped 2.1%, indicating that investors were likely …
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30 November 2021 12:50 am
European Shares Advance After Selloff By Omicron
European shares surged on Monday after their worst selloff in more than a year as investors digested whether the Omicron variant would deter economic recoveries and monetary tightening plans by central banks.The pan-European STOXX 600 closed up 0.7%, logging its best day in a month and recovering some of Friday’s …
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