Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 14 February 2022 3:25 pm

  Oil Near 7-Year Peak Due to Tension Between Ukraine and Russia

  

  Oil prices stabilized on Monday, February 14, in volatile trading, after hitting their highest levels in more than seven years, on fears that a possible Russian invasion of Ukraine would lead to US and European sanctions that would disrupt exports from one of the world’s largest producers. Brent crude was …

  Read More »
• 14 February 2022 2:07 pm

  European Shares Sink on Fears of Russian Attack on Ukraine

  

  European shares hit 20-day lows, with travel, banking, and auto stocks leading declines on Monday as investors feared political risks following warnings that Russia could invade Ukraine at any time. The pan-European Stoxx 600 index was down 2 percent by 0808 GMT, its lowest since Jan. 25. All sub-indices of …

  Read More »
• 14 February 2022 1:27 pm

  Oil Prices Jump More Than 1% to Record The Highest Level in Seven Years

  

  Oil prices on Monday hit their highest level in more than seven years amid fears that a possible Russian invasion of Ukraine could trigger sanctions from the United States and Europe and disrupt energy exports from the world’s largest producer. Brent crude futures were at $56.95 a barrel by 0235 …

  Read More »
• 14 February 2022 12:30 pm

  Nikki Drops to its Lowest Level in 3 Weeks

  

  Japan’s Nikkei index fell on Monday to its lowest level in three weeks, pushed down by technology shares on investor concerns about growing tensions surrounding Ukraine and rising inflation risks in the United States. The Nikkei index lost 2.23 percent to close at 27,079.59 points, the most significant daily percentage …

  Read More »
• 13 February 2022 11:39 am

  Weekly Recap 7-11 February

  

  Tensions between Ukraine and Russia escalated all along the five trading days. This was sending markets into a flux with the usual risk assets and currencies responding in a mixed manner. There was news that a Russian attack on Ukraine could begin any day and would likely start with air …

  Read More »
• 12 February 2022 2:36 am

  Market Drivers – US Session – 11 February 2022

  

  The US Treasury yields have been declining since the beginning of the daily trading on Friday, after consumer confidence data and their negative impact on the future of the US economy and economic recovery.Economic DataAccording to the University of Michigan’s preliminary February Consumer survey, the Consumer Sentiment Index fell to …

  Read More »
• 12 February 2022 2:01 am

  S&P 500 Falls On Escalated Russian-Ukrainian Crisis

  

  On Friday, US equities dropped sharply as recent geopolitical chatter linked to the Ukraine – Russia conflict. US news sources said that a Russian invasion of Ukraine was imminent, spurred a flight to safe-haven assets. As the New York session ends, the S&P 500 drops 2.05%, at 4,410.85. The Dow …

  Read More »
• 12 February 2022 1:32 am

  USD/JPY Around 115.10 Area Amid News On Imminent Invasion of Ukraine

  

  During the North American session, the USD/JPY nose-dives as the Ukraine – Russia conflict escalates, on reports that Russia would attack Ukraine in the following week. The USD/JPY pair is now trading at 115.19.On the news headlines, the USD/JPY collapsed from 115.80 towards a daily low at 115.00, where the …

  Read More »
• 12 February 2022 12:28 am

  WTI Crude Hits Fresh 7-Year Highs Amid Volatile Trade

  

  Front-month WTI futures saw an abrupt surge in recent trade from around the $92.00 per barrel level to as high as the $94.60s to print fresh highs since September 2014. The spike occurred as traders upped the amount of geopolitical risk premia embedded in oil prices in response to US …

  Read More »
• 12 February 2022 12:17 am

  Baker Hughes: US Adds Most Oil Rigs In Four Years

  

  The count of active drilling rigs in the U.S. surged by 22 to 635, 60% above year-ago levels, according to the latest weekly survey from Baker Hughes. U.S. crude oil rigs jumped by 19 to 516 while gas rigs gained 2 to 118, with one rig unspecified; rigs targeting oil …

  Read More »
• 11 February 2022 11:16 pm

  US National Security Advisor: Russian invasion of Ukraine could begin any time

  

  US National Security Advisor Jake Sullivan said on Friday that we are in the window where a Russian invasion of Ukraine could begin at any time and could happen during the Beijing winter Olympics.The US believes that Russian President Vladimir Putin has decided to invade Ukraine and already communicated those …

  Read More »
• 11 February 2022 10:04 pm

  Does FOMC Favour Interest Hike Or Emergency Move?

  

  Federal Reserve officials are in no rush to raise interest rates prior to their scheduled policy meeting next month, nor is a half percentage-point move in March yet likely, despite a bigger-than-expected jump in consumer prices that stoked speculation about such options.Mere hours after yesterday’s CPI showed a bigger-than-expected inflation …

  Read More »
• 11 February 2022 9:15 pm

  Biden: Inflation Will Cool Later This Year

  

  President Joe Biden is acknowledging historic inflation, but at the same time, Biden believes it is tapering off this year. President Joe Biden said Thursday he sees signs of relief on the horizon for US consumers, after a government report showed inflation staying at a 40-year high.“According to Nobel laureates, …

  Read More »