Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 13 February 2022 11:39 am

  Weekly Recap 7-11 February

  

  Tensions between Ukraine and Russia escalated all along the five trading days. This was sending markets into a flux with the usual risk assets and currencies responding in a mixed manner. There was news that a Russian attack on Ukraine could begin any day and would likely start with air …

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• 12 February 2022 2:36 am

  Market Drivers – US Session – 11 February 2022

  

  The US Treasury yields have been declining since the beginning of the daily trading on Friday, after consumer confidence data and their negative impact on the future of the US economy and economic recovery.Economic DataAccording to the University of Michigan’s preliminary February Consumer survey, the Consumer Sentiment Index fell to …

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• 12 February 2022 2:01 am

  S&P 500 Falls On Escalated Russian-Ukrainian Crisis

  

  On Friday, US equities dropped sharply as recent geopolitical chatter linked to the Ukraine – Russia conflict. US news sources said that a Russian invasion of Ukraine was imminent, spurred a flight to safe-haven assets. As the New York session ends, the S&P 500 drops 2.05%, at 4,410.85. The Dow …

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• 12 February 2022 1:32 am

  USD/JPY Around 115.10 Area Amid News On Imminent Invasion of Ukraine

  

  During the North American session, the USD/JPY nose-dives as the Ukraine – Russia conflict escalates, on reports that Russia would attack Ukraine in the following week. The USD/JPY pair is now trading at 115.19.On the news headlines, the USD/JPY collapsed from 115.80 towards a daily low at 115.00, where the …

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• 12 February 2022 12:28 am

  WTI Crude Hits Fresh 7-Year Highs Amid Volatile Trade

  

  Front-month WTI futures saw an abrupt surge in recent trade from around the $92.00 per barrel level to as high as the $94.60s to print fresh highs since September 2014. The spike occurred as traders upped the amount of geopolitical risk premia embedded in oil prices in response to US …

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• 12 February 2022 12:17 am

  Baker Hughes: US Adds Most Oil Rigs In Four Years

  

  The count of active drilling rigs in the U.S. surged by 22 to 635, 60% above year-ago levels, according to the latest weekly survey from Baker Hughes. U.S. crude oil rigs jumped by 19 to 516 while gas rigs gained 2 to 118, with one rig unspecified; rigs targeting oil …

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• 11 February 2022 11:16 pm

  US National Security Advisor: Russian invasion of Ukraine could begin any time

  

  US National Security Advisor Jake Sullivan said on Friday that we are in the window where a Russian invasion of Ukraine could begin at any time and could happen during the Beijing winter Olympics.The US believes that Russian President Vladimir Putin has decided to invade Ukraine and already communicated those …

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• 11 February 2022 10:04 pm

  Does FOMC Favour Interest Hike Or Emergency Move?

  

  Federal Reserve officials are in no rush to raise interest rates prior to their scheduled policy meeting next month, nor is a half percentage-point move in March yet likely, despite a bigger-than-expected jump in consumer prices that stoked speculation about such options.Mere hours after yesterday’s CPI showed a bigger-than-expected inflation …

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• 11 February 2022 9:15 pm

  Biden: Inflation Will Cool Later This Year

  

  President Joe Biden is acknowledging historic inflation, but at the same time, Biden believes it is tapering off this year. President Joe Biden said Thursday he sees signs of relief on the horizon for US consumers, after a government report showed inflation staying at a 40-year high.“According to Nobel laureates, …

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• 11 February 2022 8:43 pm

  Gold Price Index Extends Rebound From $1820, Eying $1840

  

  Gold rose further during the American session and climbed to $1836, reaching a fresh daily high. It remains near the top with a bullish tone. The upside move started after finding support again above $1820.If XAU/USD ends at current levels, it will post the highest weekly close since November, with …

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• 11 February 2022 7:57 pm

  US Treasury Yields Soaring Towards 2.25%,

  

  The US 10-year bond yield has hit 2%. It may well pause within the said territory in a narrow range around 2% for a while.But beyond this, some analysts and observers as well as investors expect an additional rise to the 2.25% area and view this scenario as more likely, …

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• 11 February 2022 7:19 pm

  US: UoM Consumer Sentiment Index Falls In February

  

  According to the University of Michigan’s preliminary February Consumer survey, the Consumer Sentiment Index fell to 61.7 in February, well below expectations for a slight rise to 67.5 from 67.2 in January. That marked the lowest such reading since October 2011. The Current Conditions Index fell to 68.5 from 72.0 …

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• 11 February 2022 5:32 pm

  Central Bank of Russia Hikes Policy Rate by 100 bps to 9.5%

  

  The Central Bank of Russia announced on Friday that it raised its policy rate by 100 basis points to 9.5% from 8.5%. This decision came in line with the market expectation. “Key rate decisions will be made taking into account actual and expected inflation movements relative to the target and economic developments over the forecast horizon as well …

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