Noor Trends News, Technical Analysis, Educational Tools and Recommendations

December, 2021

• 15 December 2021 10:34 pm

  BOC’s Expects Greater Use of Guidance, QE to Reach Inflation Target

  

  Given the low level of global rates, Bank of Canada Gov. Tiff Macklem said the central bank may need to make more use of forward guidance and large-scale asset purchases in response to future economic shocks to ensure inflation reaches its 2% target.In a speech Wednesday, Macklem provided more insight …

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• 15 December 2021 9:59 pm

  Treasury Yields Inch Up Ahead of Fed Statement

  

  Investors are digesting data on retail sales and look for update on plan to wind down bond-buying program. Sales at US retail stores, online sellers and restaurants rose by a seasonally adjusted 0.3% in November from the previous month, the Commerce Department reported. US government bond yields edged higher Wednesday, …

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• 15 December 2021 9:12 pm

  Canada’s Inflation Pressures Continues To Widen

  

  The annual inflation rate in Canada remains at 4.7% in November. Analysts point out that inflation pressure continues to broaden; that combined with a stronger labour market will prompt a rate hike from the Bank of Canada during the second quarter of next year. Canada’s headline inflation rate was unchanged …

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• 15 December 2021 8:58 pm

  Weaker Demand Signals Pull WTI Crude Lower

  

  New York Mercantile Exchange oil futures and the nearest delivered Brent contract on the Intercontinental Exchange extended losses into a third successive session Wednesday, with investors keeping risk appetite in check following the outlook for lower demand growth next year hit by the rapidly spreading omicron variant. Market attention has …

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• 15 December 2021 8:49 pm

  Under Pressure, Fed Weighs Inflation Surge Against Omicron Fears

  

  The Federal Reserve is expected on Wednesday to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate increases next year as a guard against surging inflation.The identification of the Omicron coronavirus variant last month has added a new level …

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• 15 December 2021 8:11 pm

  Gold Slides Ahead FOMC Decisions

  

  Gold is falling on Wednesday, before the decision of the Federal Reserve. Recently it bottomed at $1763m the lowest since December 3 and then rebounded toward $1770. Price is moving sideways with a bearish bias.The US November retail sales report came in below expectations and boosted gold for a few …

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• 15 December 2021 5:57 pm

  Market Drivers – European Session 15-12-2021

  

  Markets are in anticipation and calm ahead of the Fed meeting. European shares rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision, which is likely to tilt the pandemic’s stimulus back at a faster pace to counter growing inflation risks. The pan-European Stoxx 600 index rose 0.5 …

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• 15 December 2021 5:21 pm

  Fed Meeting: Forecasts From 4 Major Banks

  

  The US Federal Reserve will announce monetary policy decisions and release the updated Summary on Wednesday at 19:00 GMT. As we get closer to the release time, here are the expectations as forecast by analysts and researchers of 5 major banks. TDS “The taper pace will likely be doubled to …

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• 15 December 2021 4:23 pm

  European Shares Rise as Investors Await Federal Reserve Policy Announcement

  

  European shares rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision, which is likely to tilt the pandemic’s stimulus back at a faster pace to counter growing inflation risks. The pan-European Stoxx 600 index rose 0.5 percent to 471.84 points. Stock markets across Asia fell as weaker-than-expected …

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• 15 December 2021 3:10 pm

  Market Drivers – Asian Session 15-12-2021

  

  The Asian session was quiet on Wednesday, as the market is waiting for the decision of the Federal Reserve’s Federal Open Market Committee. The UK Consumer Prices Index (CPI) 12-month rate came in at 5.1% in November compared to +4.2% registered in October while beating expectations of a +4.7% print. …

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• 15 December 2021 2:02 pm

  Gold Prices Stabilize, Focus on Fed Meeting

  

  Gold prices stabilized on Wednesday, December 15, after falling sharply in the previous session, as investors awaited the Federal Reserve’s decision to reduce the stimulus measures it took in the face of the Covid-19 pandemic. Traders are closely watching the Fed’s moves to see if it will speed up the …

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• 15 December 2021 1:17 pm

  Inflation in Britain Rises to The Highest Level in More Than 10 Years

  

  Britain’s consumer price index rose to its highest level in more than 10 years in November, as it jumped to 5.1% from 4.2% in October, which could make the Bank of England recalculate its interest decision tomorrow. The Office for National Statistics said price pressures from a wide range of …

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• 15 December 2021 12:27 pm

  Japan’s Nikkei Settled Ahead of Fed

  

  The Japanese Nikkei index ended Wednesday’s session, December 15th, in cautious trading ahead of the US Federal Reserve’s decision, which is expected to be decisive on monetary policy, as it is expected to tend to reduce asset purchases at a faster pace. Investors expect the US Federal Open Market Committee …

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