Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 25 February 2022 12:45 pm

  UK and France Say Cutting Off Russia From SWIFT Remains on The Table

  

  According to France’s Finance Minister Bruno Le Maire, cutting off Russia from SWIFT remains on the table but as a last resort. Meanwhile, the UK Defence Minister Robert Wallace said, “we’d like to cut Russia off from SWIFT.” “It is difficult as “not every country wants them out,” Wallace added.

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• 25 February 2022 12:08 pm

  The US Treasury Announces Unprecedented Sanctions Against Russia

  

  Today, the US Treasury Department imposed expanded economic measures, which target the basic infrastructure of the Russian financial system including all major Russian financial institutions. The measures announced by the US Treasury target nearly 80% of all banking assets in Russia, which will have a profound and long-term impact on …

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• 25 February 2022 11:30 am

  Japan’s Nikkei Index Rises Supported by Technology

  

  Japanese stocks halted a five-session losing streak on Friday, boosted by technology heavyweights and after a massive rebound on Wall Street overnight. The Nikkei index rose 1.95 percent to close at 2,6476.50 points, but it fell 2.3 percent this week. The broader Topix index rose 1 percent to 1,876.24 points …

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• 25 February 2022 10:59 am

  The European Commission Issues a Statement on The Proposed Sanctions Against Russia

  

  The European Commission issued a statement detailing the proposed sanctions against Russia, which are awaiting approval by European heads of state this evening. These sanctions include depriving Russia of 24 billion euros annually in oil revenues through a European ban on oil exports, financial sanctions targeting 70% of the Russian …

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• 25 February 2022 10:30 am

  Precious Metals Give up Gains After Biden Announces Sanctions on Russia

  

  Precious metals gave up gains, gold fell below $1,900 an ounce and palladium fell more than 5% as stocks rebounded after US President Joe Biden unveiled tough new sanctions against Russia on Thursday. And the price of gold in spot transactions fell 0.6 percent to $ 1895.76 an ounce, after …

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• 25 February 2022 3:51 am

  Market Drivers – US Session – 24 February

  

  Fears and panic dominate financial markets as Russia launched a military assault on Ukraine. Moscow attacked not only the Donbass region but got near Kyiv during US trading hours. Russia ignores global sanctions and seems determined to take full control of Ukraine, while sanctions tend to avoid Russian energy. A …

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• 25 February 2022 3:22 am

  Russia’s next bombardment on Kyiv expected at 01:00 GMT

  

  Russian military forces are expected to begin a large-scale bombardment of the Ukrainian capital city of Kyiv from around 01:00 o’clock (GMT), per a CNN correspondent citing an intelligence report. Markets have not reacted yet to this headline but it certainly will not be positive for global risk appetite if …

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• 25 February 2022 3:09 am

  WTI Back Around $93.00 Area As Sanctions Avoid Russian Energy

  

  Oil markets saw the most intra-day volatility since in nearly three months on Thursday, with front-month WTI futures surging over $8.0 to above $100 for the first time since 2014, only to then drop all the way back to $93.00. The initial surge in crude oil prices was triggered as …

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• 25 February 2022 2:43 am

  Biden Aims To Cripple Russian Economy With Sanctions

  

  US President Biden outlined a new round of sanctions against Russia on Thursday in response to an invasion of Ukraine that threatens to embroil Europe in a major war.The latest sanctions targeted Russian banks, as well as some of the nation’s wealthiest individuals. Biden depicted the measures as a necessary …

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• 25 February 2022 2:20 am

  Bitcoin’s Drop Reveal It’s Not Digital Gold

  

  As geopolitical tensions rise, the cryptocurrency’s price has fallen. Bitcoin has experienced a choppy week amid Russia’s Ukraine invasion. Observers suggest the cryptocurrency might not be the safe haven backers believe it to be.Some digital-asset investors have previously described bitcoin as “digital gold”, referring to the idea that the cryptocurrency …

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• 25 February 2022 2:00 am

  Stocks, Energy Markets Whipsaw After Russian Assault

  

  Stocks in Europe were sharply lower, but the S&P 500 rebounded after an early decline. Energy markets swung wildly, and shares in Moscow collapsed. Oil prices and global stock markets swung wildly on Thursday after Russia launched an invasion of Ukraine, raising fears of a wider economic crisis that could …

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• 25 February 2022 12:39 am

  Gold Price plunges below $1,900

  

  Gold changed course after hitting a multi-month high of $1,974.40 a troy ounce and plummeted to $1,877.96, now bouncing modestly from the latter up to $1,889.80.Gold began shedding ground heading into the US opening, accelerating its slide afterwards. A recovery in Wall Street put the final nail on gold’s coffin …

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• 24 February 2022 11:03 pm

  Biden Authorizes Fresh Sanctions Against Russia

  

  US President Joe Biden was scathing in his criticism of Russia’s attack on Ukraine on Thursday and announced that he would be authorizing new sanctions on Russia, including on exports. Biden said that the sanctions are designed to maximize the long-term impact on Russia’s economy but minimize the impact on …

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