Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2022

• 19 January 2022 12:22 am

  Most Important Question Marks About FOMC’s January Meeting

  

  The Federal Open Market Committee meets for the first time in 2022 on 25-26 January. FOMC meeting comes at a critical time as far as US inflation is concerned.With headline consumer price index reaching 7% year-over-year; reflecting increases in a wide range of major categories, and unemployment moving below 4%, …

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• 18 January 2022 11:19 pm

  Wall Street Stock Selloff Gathers Pace as T-Yields Climb

  

  US stocks fell across the board and Treasury yields surged amid a ramp-up in speculation that central banks will have to boost interest rates sooner than earlier anticipated.All but one of the 11 industry groups in the S&P 500 fell, while the Dow Jones Industrial Average dropped to the lowest …

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• 18 January 2022 10:27 pm

  Commodities Giant Glencore Hits Decade High on Price Boom

  

  Shares of the mining and trading giant hit highest since 2012 as demand prospects fuel talk of years-long commodity super-cycle.Commodities giant Glencore Plc hit the highest in almost a decade, driven by rallies in everything from metals to coal and optimism for a years-long super-cycle.The world’s biggest commodity trader surpassed …

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• 18 January 2022 10:11 pm

  ECB’s Villeroy: France’s Inflation Should Fall Back Under 2.0% By End Of 2022

  

  France central bank Chair and ECB governing council member François Villeroy de Galhau reiterated on Tuesday that French inflation is likely to fall back under 2.0% by the end of 2022. However, should inflationary pressures prove more persistent, he added, he has no doubt that the ECB would adapt its …

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• 18 January 2022 9:14 pm

  WTI Eases Back To $85.00 Level

  

  After hitting multi-year highs near the $86.00 per barrel level, WTI has since backed off to trade around $85.00. Market commentators have attributed rising geopolitical tensions in the Middle East as behind the latest push higher.After hitting multi-year highs early on during the European trading session near the $86.00 per …

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• 18 January 2022 8:20 pm

  Homebuilder Confidence Drops Under Inflation Pressure

  

  Builder confidence fell one point to 83 in January, according to the National Association of Home Builders.Of the index’s three components, current sales conditions was unchanged at 90. Sales expectations in the next six months fell 2 points to 83, and buyer traffic fell 2 points to 69. The average …

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• 18 January 2022 7:44 pm

  Gold Upset By Soaring US Treasury Yields

  

  US Treasury yields jumped overnight with the interest-rate sensitive 2-year printing a fresh 23-month high of 1.05%, while the benchmark 10-yearhit 1.83%, a level last seen in January 2020. Market expectations that the Federal Reserve will hike rates four times this year, by 25bps each time, and that the central …

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• 18 January 2022 7:18 pm

  US Stocks Fall As Bond Yields Surge

  

  Wall Street is off to another day in the red territory at the start of the shortened trading week as investors are grappling with earnings seasons and rising Treasury bond yields.All three major indexes opened lower, with the Dow down 400 points, or 1.1%. The broader S&P 500 dropped 1%, …

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• 18 January 2022 5:15 pm

  Goldman Sachs Profit Misses Estimates

  

  Goldman Sachs Group Inc. has released its financial results for the last quarter of 2021. The bank said operating expenses reached 23% in 2021, the highest since 2007. Earnings per share for the fourth quarter were $10.81, and expectations were for $11.77. Thus, Goldman Sachs profits fell 13% to $3.94 …

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• 18 January 2022 4:31 pm

  Goldman Sachs Expects The Price of Oil to Reach $ 100 in The Second Half

  

  Goldman Sachs expects oil to reach $100 a barrel in the second half of this year, citing less-than-expected demand damage from the Omicron variable, as well as increased supply disruptions. According to Reuters, the US bank expected, in a note dated Monday, that Brent crude prices would reach $90 a …

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• 18 January 2022 3:20 pm

  Jet Fuel Prices Rise in Europe

  

  Prices in the European jet fuel market rose sharply, with global air traffic resisting the influence of the omicron variable. According to Bloomberg, one of the most important measures of the fuel market, which is the difference between diesel, rose last Friday to its highest level since September 2019, long …

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• 18 January 2022 3:00 pm

  The 10-Year US Treasury Yield Rose to a Two-Year High

  

  The yield on US 10-year Treasury bonds rose to a two-year high on Tuesday, in a sign that investors are preparing for more aggressive measures by the Federal Reserve. Investors are awaiting the Federal Reserve’s meeting next week, coinciding with a rise in the inflation rate, which recorded its highest …

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• 18 January 2022 2:40 pm

  Gold Prices Are Marginally Lower as The Yield on US Treasuries Rises

  

  Gold prices fell marginally during trading today, Tuesday, amid the rise in the yield on US 10-year Treasury bonds to the highest level in two years, and with the follow-up to developments in monetary policy. Investors’ eyes are still heading towards the Federal Reserve’s monetary policy meeting, scheduled for the …

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