Noor Trends News, Technical Analysis, Educational Tools and Recommendations

December, 2021

• 22 December 2021 6:10 pm

  Market Drivers – European Session 22-12-2021

  

  The Turkish lira stabilized and retained its recent gains amid highly volatile currency trading this week. The lira fell in recent trading by about 1.4 percent to 12.57 against the dollar. Still, it retained most of its gains after it rose from record low levels, in the wake of new …

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• 22 December 2021 5:07 pm

  The Dollar Rises And The Turkish Lira Maintains Its Gains

  

  The dollar rose on Wednesday, while the euro and riskier currencies such as the Australian dollar fell as traders braced for more volatility as well as the consequences of increased infections with the Omicron coronavirus. The Turkish lira stabilized and maintained its recent gains amid highly volatile currency trading this …

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• 22 December 2021 3:59 pm

  Britain’s Economy Grows Slower Than Expected Before Omicron Spread

  

  Britain’s economy grew more slowly than expected between July and September, official data revealed on Wednesday, ahead of the outbreak of the Omicron mutation that poses an additional threat to recovery this year. Gross domestic product (GDP) for the world’s fifth-largest economy rose 1.1 percent in the third quarter, less …

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• 22 December 2021 3:25 pm

  European Shares Rise With The Rise of Shares of Food Delivery

  

  European shares rose on Wednesday, led by gains in food delivery stocks, despite continuing concerns about the prospects for a global recovery in light of the increase in COVID-19 cases due to the spread of the mutant Omicron. The pan-European Stoxx 600 index rose 0.1 percent after it had jumped …

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• 22 December 2021 2:26 pm

  Nikkei Index Rises Slightly, Supported by Technology

  

  The Nikkei was slightly higher at the close on Wednesday, helped by a rise in chip and technology stocks, but its rally was limited by a fall in Nintendo Corp. The Nikkei closed up 0.16 percent after swinging between losses and small gains throughout the session in weak trading due …

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• 22 December 2021 1:29 pm

  Oxford and AstraZeneca developing Omicron-targeted version of vaccine

  

  Oxford University and AstraZeneca have begun work on an Omicron-targeted version of their coronavirus vaccine, joining the ranks of their peers who are studying the potential for adapting formulations of their shots in case they become necessary to tackle the variant. When asked about Omicron, Sandy Douglas, a research group …

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• 22 December 2021 12:44 pm

  Japan’s Nikkei Index Rises Slightly, Supported by Technology

  

  The benchmark Nikkei index rose slightly at the close on Wednesday, December 22nd, supported by a rise in chip and technology stocks, but its rise was limited by a decline in Nintendo’s shares. The index closed 0.16% higher after swinging between small losses and gains throughout the session in weak …

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• 22 December 2021 10:55 am

  Oil Prices Stabilize as Concerns Remain Over Omicron

  

  Oil prices stabilized on Wednesday, December 22, as traders awaited indicators of fuel demand amid fears related to Covid-19 after Singapore suspended travel without quarantine, and Australia renewed its vaccination campaign as cases of the mutant Omicron of the Coronavirus rose. Brent crude futures rose eight cents, or 0.1%, to …

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• 22 December 2021 10:20 am

  The US Current Account Deficit Rises to $214.8 Billion in Q3

  

  The US current account deficit widened to $214.8 billion in the third quarter of this year, while it was expected to record $205 billion, marking its highest level since the third quarter of 2006, according to the US Department of Commerce. The data showed a deficit of $198.3 billion in …

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• 22 December 2021 5:36 am

  US: Final Estimate Shows Q3 GDP Grew by 2.3%

  

  According to the US Bureau of Economic Analysis (BEA)’s final GDP estimate, the US economy grew at an annualized QoQ pace of 2.3% in Q3 2021, above the prior estimate for a growth rate of 2.1%. to be updated …

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• 22 December 2021 4:57 am

  Market Drivers – US Session – 21-12-2021

  

  The US Dollar Index fell by 0.04%, sitting at 96.48 during the New York session. The market sentiment is positive, with major US shares rising between 1.60% and 2.80%. US President Joe Biden has said those not fully vaccinated have good reason to be concerned about omicron. All Americans have …

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• 22 December 2021 4:16 am

  Europe In Crisis, WTI Crude Above USD 71 Despite Positive Data

  

  WTI crude oil battles monthly resistance line after rising the most in over two weeks. The oil benchmark retreats to USD 71.22 during early Wednesday morning in Asia.Crude oil benefited from the market’s optimism to overcome the virus-related fears. Though, the weekly industry inventory report by the American Petroleum Institute …

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• 22 December 2021 2:35 am

  Wall Street Rebounds As Risk Appetite Surges

  

  Wall Street’s equity markets rebounded from Monday’s retreat as risk appetite surged and recovered from a three-day decline ahead of the Christmas holiday later this week. The Dow Jones Industrial Average rose 1.5% to 35,441.21, the S&P 500 increased 1.6% to 4,639.79, and the Nasdaq Composite was up 2.2% to …

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