Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 24 February 2022 11:55 am

  Russia Begins Invasion of Ukraine

  

  The Ukrainian border guards said that the Russian ground forces entered Ukraine shortly after bombing several sites inside Ukraine. Ukraine asked Turkey to close the Bosphorus and Dardanelles straits to Russia, while Moscow announced the suspension of navigation in the Sea of Azov between Ukraine and Russia. The Ukrainian border …

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• 24 February 2022 11:35 am

  Ruble Trading Suspended After Falling in on Russia’s Invasion of Ukraine

  

  The Russian ruble plunged to its lowest level since early 2016 on Thursday after President Vladimir Putin ordered Russian forces to invade Ukraine, a move that prompted the Moscow Stock Exchange to suspend trading. The ruble fell 3.6 percent against the dollar to 84.0750, and fell 3.9 percent to 95.2425 …

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• 24 February 2022 11:09 am

  Gold Jumps More Than 2%

  

  On Wednesday, Ukraine called its citizens back from Russia and declared a state of emergency. While, Moscow began evacuating its Kyiv embassy, in the latest ominous signs for Ukrainians who fear an all-out Russian military onslaught, as per Reuters. Gold prices jumped more than 2% to their highest level in …

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• 24 February 2022 10:21 am

  Oil Stabilizes, Expectations That The U.S Will Not Target Russian Oil Exports

  

  Oil prices stabilized on Wednesday, below their highest levels since 2014, as US officials indicated that an escalation between Russia and Ukraine is unlikely to lead to sanctions on energy supplies from Russia, one of the world’s largest oil producers. Brent crude remained unchanged, reaching $96.84 a barrel, after hitting …

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• 24 February 2022 9:03 am

  Market Drivers – US Session – 23 February

  

  The US session closed with investors expressing very pale optimism about Eastern Europe developments, despite this weak optimism the market’s sentiment deteriorated during US trading hours, resulting in the stronger USD against most of its major rivals.Ukraine declared the State of Emergency starting February 24 and for 30 days amid …

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• 24 February 2022 2:58 am

  Ukraine’s Zelenskyy: Putin did not respond to phone request

  

  “Today, Putin did not respond to a request for a phone call,” said Ukraine President Volodymyr Zelenskyy during early Thursday morning in Asia.Ukraine President Zelenskyy warned that Russia’s move could escalate tensions while also saying, “Ukraine is not a threat to Russia.”During late Wednesday, Ukraine Foreign Minister Dmtryo Kuleba also …

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• 24 February 2022 2:43 am

  Gold Attempts To Reclaim $1914 Amid Risk-Aversion

  

  On Wednesday, Ukraine called its citizens back from Russia and declared a state of emergency. While, Moscow began evacuating its Kyiv embassy, in the latest ominous signs for Ukrainians who fear an all-out Russian military onslaught, as per Reuters.The lack of positive developments over the Russia-Ukraine tussle has put the …

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• 24 February 2022 2:37 am

  Ukraine asks UN Security Council to convene emergency meeting

  

  Ukraine Foreign Minister Dmtryo Kuleba’s remarks, on geopolitical tensions with Russia recently, have added to the risk-off market sentiment as the diplomat conveyed the emergency meeting request to the United Nations (UN) Security Council.Ukraine Foreign Minister Kuleba also said, “The plea by separatist leaders to Russia for military support is …

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• 24 February 2022 2:27 am

  Could Russia-Ukraine Crisis Grant Powell A Softer Landing?

  

  Although several Wall Street banks and traders expected the Fed to chart a very aggressive course in normalizing policy due to surging inflation, that outlook has shifted amid the heightened tensions in Europe. Some observers suggest that Fed could adopt a less hawkish stance on the backdrop of the prevalent …

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• 24 February 2022 1:59 am

  EUR/USD Sharply Falls As Ukraine – Russia Conflict Escalates

  

  The EUR/USD slides, on Wednesday, as Ukraine – Russian tensions increase and US intelligence community reported that Russia could invade Ukraine within the next 48 hrs. During the day, the EUR/USD reached a daily high at 1.1358, but worsened market mood witnessed ebbs flowing to the greenback. At the time …

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• 24 February 2022 1:09 am

  Breaking: S&P 500 index pierces weekly lows

  

  The S&P 500 index has pierced the weekly lows (24 Jan 4,222.62), printing a low of 4,221.51.More details will follow soon.

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• 24 February 2022 1:03 am

  Pentagon: Russian Troops In Advanced Readiness Near Ukraine

  

  The US Department of Defense spokesperson Joh Kirby said on Wednesday that Russian forces are in an “advanced” state of readiness near Ukraine. Separately, the White House reiterated on Wednesday that US President Joe Biden does not have any plans to send soldiers to Ukraine to fight.

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• 24 February 2022 12:55 am

  Daly Suggests Fed To Move Away From Extraordinary Economic Support

  

  San Francisco Fed chair and FOMC member Mary Daly on Wednesday said that it is now time to move away from the Fed’s extraordinary support for the US economy. Daly has added that interest rates will be moving up this year to a level more consistent with where the economy …

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