Noor Trends News, Technical Analysis, Educational Tools and Recommendations

September, 2022

• 21 September 2022 3:34 am

  Fed’s Hawkish Stance Like Dancing On A Tightrope

  

  Fed Chair Jerome Powell has said that “pain” could be required to suppress high inflation, implying that the Fed is willing to accept a recession in order to cool inflation. This is why Wednesday’s interest rate hike is more like dancing on a tightrope with a potential risk of dragging …

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• 21 September 2022 2:51 am

  Senators Call For More Sanctions On Russian Oil

  

  On Tuesday, Democratic and Republican senators asked for imposing secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Russian oil over Moscow’s invasion of Ukraine.The news adds momentum to the prevalent risk aversion and exerts downside pressure on the AUD/USD prices but fails …

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• 21 September 2022 1:55 am

  WTI retreats again ahead of the Fed’s rate decision

  

  WTI crude oil was under more pressure on Tuesday ahead of the decision by FOMC meeting that has already started on Tuesday. Traders are in anticipation of another rate hike of US interest rates to encounter high inflation. WTI was down by some 0.9% trading around $84.25 having fallen from …

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• 21 September 2022 1:01 am

  Gold, silver pressured by hawkish central banks

  

  Gold and silver prices are hesitantly lower in midday US session on Tuesday. Hawkish signals on monetary policies from the US central bank as well as other major central banks cast greyish shades on the stock and financial markets at the present moment.The hawkish tone with expectations of aggressive tightening …

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• 20 September 2022 11:43 pm

  USD/CAD rallies ahead of FOMC’s decision

  

  The USD/CAD pair is advancing, bolstered by high US T-bond yields and the dollar’s performance. Canada’s CPI rose below forecasts but is still above the 7% threshold.US housing data was mixed, though higher mortgage rates would likely continue to deteriorate the housing market.The USD/CAD also rises to fresh two-year highs, …

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• 20 September 2022 11:28 pm

  US Treasury yields touch biggest highs since 2011

  

  US Treasury yields on Tuesday surpassed more than a decade highs on expectations that the Fed could announce a rate hike of between 75 and 100 points on Wednesday.The ten-year U.S. Treasury yields rose to 3.544 percent against Monday’s close of 3.493 percent.Yields on this type of sovereign securities fell …

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• 20 September 2022 10:58 pm

  Swedish krona falls after central bank’s rate hike

  

  Financial markets were quacked on Tuesday by Swedish central bank’s decision to raise rates by a full percentage point. The rate hike by the Riksbank was larger than analysts had expected, causing the Swedish krona to briefly spike against the Euro and Dollar. The krona practically failed to hold onto …

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• 20 September 2022 10:12 pm

  US dollar reaps more gains ahead of Fed

  

  The US dollar rose on Tuesday, trading near a two-decade high, as investors’ focus shifted to expectation of another aggressive rate hike by the Fed amid a week that is full of major bank meetings.The Fed has already started its two-day meeting on Tuesday, with rate futures traders betting on …

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• 20 September 2022 9:55 pm

  Lagarde expects to raise rates further

  

  Christine Lagarde, President of the European Central Bank said that policymakers will not let this phase of high inflation feed into economic behavior and create a lasting inflation problem.“If there were evidence that high inflation risked de-anchoring inflation expectations, then the policy rate that is compatible with our target would …

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• 20 September 2022 9:19 pm

  SNB expected to decide 100 basis points hike

  

  The key event this week will be Wednesday’s FOMC decision, but other major central banks will also have their monetary policy meetings, including the Bank of Japan, the Bank of England and the Swiss National Bank on Thursday. The SNB is expected to raise rates by 100 basis points above …

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• 20 September 2022 8:25 pm

  Oil prices retreat ahead of Fed’s rate hike

  

  Oil prices dropped on Tuesday, following other risk assets’ downtrend, while the US dollar remains strong and investors anticipate more central bank interest-rate hikes designed to contain inflation.The US Federal Reserve is expected to raise interest rates by another 75 basis points on Wednesday in an additional step aiming at …

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• 20 September 2022 7:39 pm

  Atlanta Fed GDPNow for Q3 declines to 0.3%

  

  According to the Federal Reserve of Atlanta’s GDPNow model, the US economy is expected to grow at an annualized rate of 0.3% in the third quarter, down from 0.5% in the previous estimate.“After this morning’s housing starts report from the US Census Bureau, the nowcast of third-quarter residential investment growth …

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• 20 September 2022 7:17 pm

  US equities slide as Fed’s meeting begins

  

  US stocks slid on Tuesday as the Fed kicked off its two-day policy meeting and Wall Street looked ahead to another large rate hike, to be announced on Wednesday.The Dow Jones Industrial Average fell 340 points, or 1.1%. The S&P 500 shed 1% and the Nasdaq Composite slid 0.7%.The Federal …

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