Noor Trends News, Technical Analysis, Educational Tools and Recommendations

March, 2022

• 25 March 2022 1:25 pm

  European stocks fall as the crisis in Ukraine worsens

  

  European shares fell for the third consecutive session on Friday, on course to end the week lower as the escalating Russia-Ukrainian conflict kept investors cautious as the weekend approaches. A decline in financial and technology shares erased gains in core and low-risk sectors, with the pan-European Stoxx 600 index falling …

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• 25 March 2022 12:52 pm

  Gold heads for weekly gains as Ukraine conflict continues

  

  On Friday, gold is set to achieve weekly gains for the third time in four weeks, as the lack of tangible progress in peace talks between Russia and Ukraine led to a rise in the price of the precious metal, which is considered a safe haven, despite the rise in …

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• 25 March 2022 12:13 pm

  Japan shares record longest winning streak in two and a half years

  

  Japan’s Nikkei index rose for the ninth consecutive session on Friday, in the longest streak of consecutive gains since September 2019 as investors bought back cheap stocks even after the recent rally pushed traders to book profits. The Nikkei index changed direction, rising 0.14 percent to 28,149.84 points, bringing the …

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• 25 March 2022 11:20 am

  Oil is falling as fears of a supply crunch recede

  

  Oil prices fell on Friday as supply concerns eased as European Union countries remained divided over an oil embargo on Russia, while the United States and its allies considered releasing more oil from storage to calm markets. Brent crude futures fell 46 cents, or 0.4 percent, to $118.57 a barrel …

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• 25 March 2022 4:32 am

  Market Drivers – US Session – 24 March 25, 2022

  

  The American dollar finished the day mostly lower across the FX board, although it managed to keep advancing versus the Japanese yen, with USD/JPY hitting a fresh multi-year high of 122.40.The EUR/USD pair is still struggling with the 1.1000 threshold, unable to extend gains beyond the level. GBP/USD settled around …

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• 25 March 2022 4:23 am

  What Could European Embargo On Russian Energy Economically Mean?

  

  Brussels agrees on more military aid for Ukraine, but no new sanctions. Activists have made a joint call for a European embargo on Russian oil, gas and coal, as thousands prepare for protests against continued hostilities around the world.On the other hand, Germany’s Olaf Scholz warns immediate Russian energy ban …

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• 25 March 2022 1:25 am

  Eurozone growth slows as Ukraine war threatens recovery

  

  Business activity in the eurozone slowed in March, according to a closely watched survey, as high prices and a gloomy outlook raised fears the Ukraine war could snuff out economic recovery.Thursday’s data indicated that while Europe was still growing at a solid pace after the lows of the coronavirus pandemic, …

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• 25 March 2022 1:18 am

  Official: ECB Won’t surrender to inflation

  

  The first ECB’s interest rate hike may come this year according to Estonian central bank chief Madis Müller. The ECB will stop its bond purchases earlier than expected. Russia’s attack on Ukraine will diminish growth prospects but not the European Central Bank’s efforts to fight inflation.The comments from Governing Council …

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• 25 March 2022 1:03 am

  Anonymous Reportedly Hacked Russia’s central bank

  

  A Twitter account claiming to be connected with the activist collective Anonymous announced this week that it hacked Russia’s central bank, and it is planning to release 35,000 documents over the next 48 hours detailing “secret agreements.” The Central Bank of the Russian Federation did not comment on the news …

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• 25 March 2022 12:15 am

  EUR/USD Braces To 1.1000 Amid Firmer US Dollar

  

  The EUR/USD pair has been trading in a 50-60 pip range in the last three days. The US dollar stays firm amid a positive market moodThe shared currency seesaws on Thursday North American session, courtesy of a positive market mood, while broad US dollar strength across the board helps the …

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• 24 March 2022 11:56 pm

  Gold extends gains amid talks of further energy sanctions on Russia

  

  Gold extended gains on Thursday as risk sentiment continues to crash over the military crisis in Ukraine, with the US and allies entering discussions on further energy sanctions against Russia. Gold rose 0.9% to $1,963.48 per ounce; near its highest in two weeks. US gold futures jumped 1.3% to $1,963.50 …

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• 24 March 2022 11:22 pm

  US Durable Goods Orders Slump Below Expectations

  

  With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Thursday showing new orders for US manufactured durable goods tumbled by much more than expected in the month of February.The Commerce Department said durable goods orders slumped by 2.2 percent in February after jumping by …

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• 24 March 2022 11:00 pm

  Significance Of Lowest Jobless Claims Since 1969 For US Economy

  

  US jobless claims set a more than 50-year low last week as the red-hot labour market shows few signs of cooling in the near-term. The Labour Department released its latest weekly jobless claims report Thursday. Jobless claims fell by 28,000. Initial jobless claims, week ended March 19: 187,000 versus. 210,000 …

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