The USD/CAD pair is set to move higher, receiving significant support from the firmer US dollar on Monday. WTI crude is under pressure because Covid infection in China, and this is one factor that is knocking the Canadian dollar. The USD/CAD pair is heading upside on Monday, partly as oil …
Read More »Inflation in Focus as Markets Await Key US CPI Data
Financial markets are turning their attention to the latest US inflation report, widely seen as a ke…
Euro Rebounds as Dollar Loses Some Momentum Ahead of Key Inflation Test
The euro regained ground against the US dollar on Thursday, ending a brief two-day decline as the gr…
U.S. Jobless Claims Dip Modestly, Reinforcing Signs of a Stabilizing Labor Market
The number of Americans filing new applications for unemployment benefits fell slightly last week, o…
U.S. Stock Futures Rebound as Investors Turn to Earnings and Inflation Data
U.S. stock futures moved higher on Thursday, rebounding from the previous session’s pullback as inve…
Oil Prices Edge Higher as U.S.–Iran Tensions Fuel Supply Concerns Despite Inventory Build
Oil prices inched higher on Thursday, supported by rising geopolitical risks in the Middle East, as …
European Stocks Climb on Earnings Deluge as U.K. Growth Stalls and Oil Rises on Middle East Risks
European equities moved higher on Thursday, supported by a heavy slate of corporate earnings and fre…
Bitcoin Holds Near $67,000 as Strong U.S. Jobs Data Curtails Fed Cut Hopes
Bitcoin traded largely flat near the $67,000 mark during Asian hours on Thursday, as investors diges…
U.K. Growth Loses Momentum at End of 2025, Keeping Pressure on Bank of England
The U.K. economy expanded only modestly in the final month of 2025, reinforcing expectations that th…
Asian Stocks Advance as South Korea Hits Record High on AI Chip Rally, Japan Pauses Near Peak
Most Asian stock markets edged higher on Thursday, led by a sharp rally in South Korea where shares …
Warsh and Policy: Steering the Fed Between Crisis Lessons, AI Optimism
Recent discussions about Kevin Warsh’s potential nomination to chair the Federal Reserve focused on …
Market Analysis
November, 2022
-
14 November 2022 11:15 pm
USD/CHF slides on SNB Jordan’s hawkishness
Fe members stressed the need to prolong rate hikes, even though at a slower pace, and the comments by Fed Vice Chair Lael Brainard, in particular, are bolstering the US dollar. The Swiss Franc continues to strengthen against the US Dollar.Based on data, SNB Governor Thomas J. Jordan said they …
Read More » -
14 November 2022 10:24 pm
Jordan: “Great probability” that the SNB will need to tighten monetary policy
Swiss National Bank Chairman Thomas Jordan has recently hinted that further interest rate hikes were on the way from the central bank. He previously said “determined action” is required to check rising prices. On Monday, Jordan noted there is a “great probability” that the SNB will need to tighten monetary …
Read More » -
14 November 2022 9:18 pm
US shares trim earlier declines after Brainard’s remarks
US stocks pared earlier declines after Fed Vice Chair Lael Brainard said that it would be appropriate “soon” for the central bank to slow its pace of interest-rate hikes.The S&P 500 fell 0.1% after struggling for direction earlier in the session. The tech-heavy Nasdaq 100, which is typically more sensitive …
Read More » -
14 November 2022 8:47 pm
Breaking: Fed’s Brainard suggests slower pace of rate hikes will come ‘soon’
Federal Reserve Vice Chair Lael Brainard indicated Monday that the central bank could soon slow the pace of its interest rate increases.With markets expecting a likely step down in December from the Fed’s rapid pace of rate increases this year, Brainard confirmed that a slowdown if not a stop is …
Read More » -
14 November 2022 8:37 pm
NY Fed: One-year consumer inflation expectation rises to 5.9% in October from 5.4%
The Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations showed on Monday that the US consumers’ one-year inflation expectation rose to 5.9% in October from 5.4% in September.The US Dollar Index showed no immediate reaction to this publication and it was last seen gaining 0.45% on the …
Read More » -
14 November 2022 7:39 pm
USD Index looks firm ahead speech by Fed’s Brainard
The US Dollar Index reclaims the area above the 107.00 mark on Monday. US yields tread water amid general absence of direction. The USD Index keeps unchanged following the opening bell in Wall Street. The Index looks supported around 106.30The index regains some poise after the sharp decline seen in …
Read More » -
14 November 2022 5:47 pm
Dollar stabilizes as Fed remains cautious on inflation
The dollar stabilized on Monday after falling sharply last week after Federal Reserve Chairman Christopher Waller said the central bank had not eased its fight against inflation. Slightly lighter-than-expected inflation data on Thursday dragged the dollar down, with the dollar index dropping 3.6 percent in two sessions last week, its …
Read More » -
14 November 2022 4:26 pm
OPEC cuts global demand growth forecast again as economic challenges escalate
On Monday, OPEC lowered its forecast for global oil prices in 2022, the price of oil in car prices. The Bureau of Petroleum Exporting Pictures (OPEC) said in a monthly report that oil demand in 2022 will rise by 2.55 million barrels per day, or 2.6 country houses. OPEC Oil …
Read More » -
14 November 2022 3:38 pm
Eurozone Industrial Production expands by 0.9% in September
Industrial Production in the euro area and the European Union expanded by 0.9% on a monthly basis in August, the data published by Eurostat revealed on Monday. This reading came in better than the market expectation for an increase of 0.3%. On a yearly basis, Industrial Production in the euro …
Read More » -
14 November 2022 2:51 pm
European shares open higher thanks to mining stocks
European shares rose on Monday as mining stocks rose on hopes of rising demand from China, while caution prevailed after a top policymaker at the Federal Reserve said the bank would not “relax” its fight against inflation. The pan-European Stoxx 600 index rose 0.1 percent by 0811 GMT, after posting …
Read More » -
14 November 2022 2:25 pm
Oil gives up gains on rising COVID-19 cases in China and dollar’s strength
Oil prices pared their previous gains and fell Monday, November 14, affected by the rise in the dollar and the increase in Corona virus infections in major Chinese cities, which dashed hopes of reopening the economy of the world’s largest importer of crude. Brent and US West Texas Intermediate crude …
Read More » -
14 November 2022 1:20 pm
Oil prices rise, supported by hopes of increasing Chinese demand
Oil prices rose about 1 percent on Monday, extending gains from the previous session, as China eased some of its strict protocols to combat the Coronavirus, raising hopes of a recovery in economic activity and demand in the world’s largest importer of crude. Brent crude and US West Texas Intermediate …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations