Noor Trends News, Technical Analysis, Educational Tools and Recommendations

September, 2022

• 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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• 20 September 2022 6:02 pm

  Will the BoE raise interest rates at Thursday’s meeting?

  

  The Bank of England (BoE) will have its monetary policy decision. Accord points to a 50 bps rate hike, but a 75 bps is not ruled out.However, analysts at Danske Bank expect fewer hikes than priced in markets as they emphasize the rising recession risk in the UK. On Thursday, …

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• 20 September 2022 4:35 pm

  Gold is falling amid the dollar’s strength ahead of Fed

  

  Gold prices fell on Tuesday, September 20, under pressure from the stability of the dollar and the rise in US bond yields, at a time when the US Federal Reserve is preparing to announce a major interest rate hike to curb inflation. And gold fell in spot transactions by 0.4% …

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• 20 September 2022 3:38 pm

  Oil rises as OPEC and its allies produce below quotas

  

  Oil prices have advanced slightly amid higher volatile trading on Monday, as worries of tight supplies outweighed fears of global economic slowdown and likely large increases to interest rates.Brent crude for November rose 65 cents, or 0.7%, to $90.6 a barrel, while US West Texas Intermediate (WTI) for October was …

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