Noor Trends News, Technical Analysis, Educational Tools and Recommendations

December, 2021

• 14 December 2021 3:54 am

  US Treasury Yields Slide On Market’s Uncertainty

  

  US Treasury yields slid at the close of Monday’s trading, impacted by investors and traders’ anticipation concerning the upcoming decisions by the Federal Reserve Bank.The said anticipation caused risk appetite to retreat across global financial markets. The 10-year US Treasury yield fell to 1.414% from last week’s close of 1.415, …

  Read More »
• 14 December 2021 3:38 am

  BoE Warns: Crypto Growth Endangers Financial Stability

  

  Crypto assets currently pose limited risks to the stability of the UK financial system according to the Bank of England in its Financial Stability Report, released Monday. But the pace of growth means cryptocurrencies could become more dangerous as they become increasingly linked to wider financial networks, the report added.“Material …

  Read More »
• 14 December 2021 2:48 am

  KSA: Unmanaged Energy Transition To Cause Oil Price Spikes

  

  The shift toward renewable energy has to be managed very carefully in order to prevent a surge in oil prices as energy demand continues to rise, according to Saudi Arabia’s finance minister.“We have very serious concerns that the world could run short of energy if we are not careful in …

  Read More »
• 14 December 2021 2:23 am

  Senate To Vote on US Debt Ceiling Increase Tuesday

  

  The Senate will vote Tuesday on legislation lifting the government’s debt ceiling to stave off the risk of a default to avoid shutdown according to Majority Leader Chuck Schumer, without mentioning how much the increase will be.Senate passage, which requires only a simple majority, would send the debt limit measure …

  Read More »
• 14 December 2021 1:24 am

  US Dollar Index Reaps Gains While Treasury Yields Retreat

  

  The dollar index held onto modest gains by late US trading session on Monday but was well off its highs as Treasury yields slid in the face of falling stocks, while Omicron uncertainties and Fed event risks also loomed over markets.Omicron fears increased after the WHO said the variant poses …

  Read More »
• 14 December 2021 12:24 am

  US Shares Cautiously Maneuver On Uncertain Session

  

  US shares markets came under pressure on the first trading day of the week after the S&P 500 managed a record high close last Friday at 4712.The index has dropped more than 25 points to current levels in the 4680s, recording recent decline of over 0.5%. Still, the S&P 500 …

  Read More »
• 13 December 2021 11:36 pm

  Dubai TV Interview, Dec 13, 2021

  Speaking to Dubai TV, Monday, Mohamed Hashad, Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts highlighted major developments in the financial markets this week The US Federal ReserveAsked whether the US Federal Reserve Bank might decide six interest rate hikes …

  Read More »
• 13 December 2021 10:42 pm

  Gold Price, USD 1810 Eyed

  

  On Monday, the price of gold started off as investors are eyeing a breakout to test the familiar daily resistance near USD 1815. The yellow metal is higher by some 0.3% and has travelled between a low of USD 1781.89 and a high of USD 1791.65.The start of the week …

  Read More »
• 13 December 2021 9:42 pm

  NY Fed Survey: 1Y inflation rose o 6.0% in November

  

  According to the latest New York Fed survey, median one-year-ahead inflation expectations rose to 6.0% in November from 5.7% in October. Median three-year-ahead inflation expectations fell to 4.0% from 4.2%. Median uncertainty regarding future inflation outcomes rose at both the short and medium-term horizons, both teachings their highest levels since …

  Read More »
• 13 December 2021 9:30 pm

  Five Questions ECB Will Have To Address

  

  Next Thursday’s European Central Bank meeting is expected to be crucial as officials are set to call time on pandemic-triggered stimulus. The question now is how much support to leave in its place given the emergence of the Omicron COVID-19 variant and hot inflation data. The five questions on the …

  Read More »
• 13 December 2021 8:57 pm

  UK Shares Struggle Ahead Of BoE Meeting

  

  UK stocks struggled for traction on Monday as a warning over the omicron variant weighed on THE market sentiment.The FTSE 100 index UK:UKX slipped by 0.2% to settle at 7,278, though the mining sector appeared to be getting a boost, after China’s top officials reportedly set 2022 targets that included …

  Read More »
• 13 December 2021 7:48 pm

  BoC Announces Inflation Target To Be Left At 2%

  

  The Bank of Canada announced on Monday that it had agreed with the government to leave its inflation target at the 2.0% midpoint of a 1.0%-3.0% range for the next five years, as expected. Key Quotes:“Agrees with the government that monetary policy should continue to support maximum sustainable employment while …

  Read More »
• 13 December 2021 7:37 pm

  Shares Eye Policy Signals From Central Banks This Week

  

  After quickly recovering from the Omicron-related scare, shares markets look prepared to start to receive, digest and handle a busy week for central banks.With some hawkish signals expected, markets could be in for a session of volatility in the closing days of 2021 even though some of the policy shifts, …

  Read More »