Open Demo Account

Market Analysis

October, 2022

  • 13 October 2022 2:24 pm

    Germany starts receiving gas directly from France

    French gas pipeline operator GRTgaz said on Thursday that Germany received its first direct deliveries of gas from France via a pipeline link, under an agreement aimed at helping the two countries deal with current energy supply problems. France is less dependent on Russian imports from Germany because it gets …

    Read More »
  • 13 October 2022 1:48 pm

    European shares continue to decline and attention turns to US inflation data

    European shares fell on Thursday, dragged down by technology and real estate stocks, while investors focused on US inflation data to be released later on Thursday for indications of the direction of the Federal Reserve’s rate hike. By 0714 GMT, the pan-European Stoxx 600 index fell 0.6 percent, to record …

    Read More »
  • 13 October 2022 12:51 pm

    Nikkei falls as market focuses on US inflation data

    Japanese stocks fell on Thursday, as investors awaited important US inflation data that could influence central banks’ statements around the world regarding interest rate hikes. The Nikkei index started the session higher, but gave up its early gains and fell 0.6 percent to close at 26,237.85 points. The broader Topix …

    Read More »
  • 13 October 2022 11:30 am

    Annual inflation in Germany rose to its highest level in its history in September

    Inflation in Germany rose for the month of September of 2022 to record 10%, in line with expectations, to be at its highest levels in its history. The annual inflation in Germany was 7.9% in August of this year. This high inflation rate, the highest rate ever, highlights the impact …

    Read More »
  • 13 October 2022 10:41 am

    Gold shines as US dollar declines before CPI

    Gold prices moved in a narrow range on Thursday as investors exercise caution ahead of inflation data in the United States that could affect the size of the next interest rate hike by the Federal Reserve. And gold fell in spot transactions 0.2 percent to $ 1668.84 an ounce by …

    Read More »
  • 13 October 2022 3:22 am

    Market Drivers- US Session 12/10/2022

    The US session left the American Dollar slightly changed on Wednesday, despite some noise coming from major central banks. Investors await US inflation data, which could provide fresh clues on the policy track to be followed by the Federal Reserve in next policy meetings.The EUR/USD pair remains stable at around …

    Read More »
  • 13 October 2022 2:15 am

    CPI Preview: Why does it matter?

    Rising rents are expected to represent a considerable factor behind the jump in September consumer prices. The awaited consumer price index will be released Thursday at 8:30 a.m. ET, and it will attract full attention from investors as a key input data ahead of next Fed meeting on November 1 …

    Read More »
  • 13 October 2022 1:41 am

    WTI pressured as supply risks raise concerns

    The WTI crude is under pressure leading up to the key event of the week; namely Thursday’s US Consumer Price Index. At the time of writing, WTI is trading at 87.18 having crawled between $86.30 low and $90.05 high. Oil retreated on Wednesday with overall negative performance, losing over 1.8% …

    Read More »
  • 13 October 2022 12:48 am

    US stocks close lower after FOMC Minutes

    US stocks finished lower on Wednesday after the release of the minutes of September FOMC policy meeting, wherein policy makers noted that inflation remained “unacceptably high.”The S&P 500 SPX, -0.33% closed 11.81 points, or 0.3%, lower at 3,577.03. The Dow Jones Industrial Average DJIA, -0.10% finished off 28.34 points, or …

    Read More »
  • 13 October 2022 12:12 am

    Gold benefits from FOMC minutes

    Gold spiked higher to reach $1,678 after FOMC Minutes. The US dollar loses ground as the Fed hints to moderate the hiking pace. Gold futures spiked up to session highs at $1,677, with the US dollar turning lower as the minutes of September’s Fed meeting have been considered more dovish. …

    Read More »
  • 12 October 2022 11:19 pm

    AUD/USD surges post FOMC Minutes

    The AUD/USD benefited from the FOMC minutes that investors are digesting and that are seen as less hawkish.At the time of writing, AUD/USD is trading at 0.6285, a touch below the post-FOMC minute’s highs of 0.6298. The pair have travelled between a low of 0.6235 and 0.6298 so far.AUD/USD has …

    Read More »
  • 12 October 2022 10:02 pm

    FOMC Minutes: Policymakers determined to adopt more restrictive policy stance

    FOMC minutes

    The Federal Open Market Committee minutes of September’s meeting have been released:Fed officials determined that they needed to adopt and maintain a more restrictive policy stance in order to achieve their goal of lowering elevated inflation.Many participants raised their assessment of the federal funding path required to meet committee objectives.Many …

    Read More »
  • 12 October 2022 8:40 pm

    Gold settles around $1,670 ahead of FOMC minutes

    Gold price holds around 1670$ even after US PPI data. The precious metal stays firm despite the US dollar’s strength.Market participants turn attention to FOMC minutes ahead of Thursday US CPI numbers. Gold continues to trade around $1,670 as it has been the case since the beginning of the European …

    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