Open Demo Account

Market Analysis

March, 2022

  • 9 March 2022 7:25 pm

    Gold Stabilizes Over Positive Geopolitical Developments

    Gold Price trades stable just below the $2,000 mark, having found a new temporal balance just ahead of the critical level. Risk appetite returned to trading boards amid hopes the Ukraine-Russia crisis could recede after two weeks. Earlier today, Ukrainian President Zelenskyy’s aide said that the country is ready for …

    Read More »
  • 9 March 2022 6:26 pm

    How Much Oil Does The U.S. Get From Russia

    Today, President Biden will sign an Executive Order to ban the import of Russian oil, liquefied natural gas, and coal to the United States – a significant action with widespread bipartisan support that will further deprive President Putin of the economic resources he uses to continue his needless war. The …

    Read More »
  • 9 March 2022 6:10 pm

    Market Drivers – European Session 9-3-2022

    The EU announced on Wednesday that it is to restrict the provision of SWIFT services to major Belarussian banks, including Belagroprombank, Bank Dabrabyt, and the Development Bank of the Republic of Belarus, as well as their Belarusian subsidiaries, reported Reuters. The EU will also prohibit transactions with the Central Bank …

    Read More »
  • 9 March 2022 5:09 pm

    Britain to Increase Oil Production After Cutting Russian Imports

    Britain will increase its oil and gas production, Transport Secretary Grant Shapps said on Wednesday, after it said it would ban Russian oil supplies at the end of the year. Britain said on Tuesday it would phase out imports of Russian oil and petroleum products by the end of 2022 …

    Read More »
  • 9 March 2022 4:47 pm

    EU announces new sanctions on Belarussian banks

    The EU announced on Wednesday that it is to restrict the provision of SWIFT services to major Belarussian banks, including Belagroprombank, Bank Dabrabyt, and the Development Bank of the Republic of Belarus, as well as their Belarusian subsidiaries, reported Reuters. The EU will also prohibit transactions with the Central Bank …

    Read More »
  • 9 March 2022 3:05 pm

    European Shares Rebound After 4 Days of Selling

    European Stocks

    European shares rebounded on Wednesday as investors picked stocks that were battered in a recent market sell-off on concerns about mounting Western sanctions against Russia after its invasion of Ukraine. The pan-European Stoxx 600 index rose 2.6 percent after a series of four-day losses. The hard-hit banking, travel, and leisure …

    Read More »
  • 9 March 2022 2:05 pm

    Oil Continues to Rise After The US Ban on Russian Imports

    Oil prices rose on Wednesday amid fears of a potential supply shock after the United States banned Russian oil imports and amid signs that some buyers are already avoiding them. Brent crude futures rose $2.91, or 2.27 percent, to $130.89 a barrel, after jumping 3.9 percent the previous day. US …

    Read More »
  • 9 March 2022 1:38 pm

    Gold is Moving Away From Its Highs as The Dollar Consolidates

    Gold prices fell on Wednesday after approaching a record level, with the dollar holding near its highest level in 21 months and investors taking some profits, while the price of palladium rose after the Ukrainian crisis raised fears of a lack of supplies from Russia, its largest producer. And the …

    Read More »
  • 9 March 2022 12:39 pm

    Russia Makes a Decision on The US Dollar

    Director of the Department of Economic Cooperation of the Russian Foreign Ministry Dmitry Berishevsky said that in light of the tightening of sanctions, Russia is working to limit the use of the dollar in foreign exchange reserves and external settlements. The country will seek to switch to non-Western capital markets, …

    Read More »
  • 9 March 2022 12:00 pm

    Nikkei Reverses closes at 16-month low

    Japan’s Nikkei index reversed course and closed at a 16-month low on Wednesday, tracking a slump in Asian markets, as investors assess the impact of the deepening conflict in Eastern Europe and a new US embargo on Russian oil. The Nikkei fell 0.3 percent to close at 24,717.53 points, its …

    Read More »
  • 9 March 2022 11:17 am

    Britain announces new aviation sanctions against Russia

    Britain unveiled Wednesday, March 9, new sanctions against Russia in the aviation sector, giving it the authority to seize any Russian aircraft and banning the export of aerospace-related products to Russia. Britain will also tighten its ban on Russian planes to criminalize their flying or landing in Britain. The State …

    Read More »
  • 9 March 2022 10:40 am

    Oil continues to rise after the US ban on Russian imports

    Oil prices rose on Wednesday amid fears of a potential supply shock after the United States banned Russian oil imports and amid signs that some buyers are already avoiding them. Brent crude futures rose $2.91, or 2.27 percent, to $130.89 a barrel, after jumping 3.9 percent the previous day. US …

    Read More »
  • 9 March 2022 10:02 am

    Nikkei rises 0.35% at the beginning of trading in Tokyo

    The Nikkei average rose in early trading on the Tokyo Stock Exchange on Wednesday. The Nikkei rose 0.35 percent to 24,876.49 points, while the broader Topix index rose 0.37 percent to 1,766.43 points.

    Read More »
This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends