Noor Trends News, Technical Analysis, Educational Tools and Recommendations

September, 2022

• 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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• 20 September 2022 2:01 pm

  Stable flow of Russian gas to Europe via Ukraine as Nord Stream 1 continues to shut down

  

  Operational data showed Russian gas supplies to Europe through Ukraine were stable on Tuesday morning, while gas flow through the Nord Stream 1 pipeline remained at zero. Ukraine’s transport system data showed that Russian gas flows to Slovakia from Ukraine through the Veleke Kapusani border point amounted to 36.9 million …

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• 20 September 2022 1:19 pm

  European shares open higher

  

  European shares rose at the open on Tuesday on the back of a rally in banking shares as investors prepared for the release of the results of the US Federal Reserve’s two-day monetary policy meeting. The pan-European Stoxx 600 index advanced 0.8% after a weak start to the week. European …

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• 20 September 2022 12:31 pm

  Japan shares close stable, with anticipation of the US and Japanese central meetings

  

  Japanese stocks posted slight gains on Tuesday as investors awaited the outcome of this week’s meetings of the Federal Reserve and the Bank of Japan, as the two banks are expected to reinforce their hawkish policies to tackle inflation. With the markets resuming trading after a national holiday, the Nikkei …

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• 20 September 2022 2:49 am

  Market Drivers – US Session 19/09/2022

  

  The week has got a lot of volatility and most assets are in slow motion with an almost empty macroeconomic data. The UK was on holiday honoring the funeral of the late Queen Elizabeth II. Fifteen major central banks will announce their policy decisions later the week.Economic DataMonday’s U.S. economic …

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• 20 September 2022 2:29 am

  Could BoE Decide Biggest Interest Rate Hike In 33 Years?

  

  prices are surging five times faster than the UK central bank’s 2% target, so, the sterling falls on daily basis, and accordingly, policy makers led by Governor Andrew Bailey face accelerating pressure to step up the pace of monetary tightening.This week, the Bank of England will consider whether to pursue …

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