Open Demo Account

Market Analysis

December, 2021

  • 27 December 2021 5:34 pm

    Gold Declines Marginally With The Rise of The Dollar

    Gold prices fell in weak trading on Monday, with the dollar rebounding, although it is still hovering near its highest levels in a week, with increased demand for safe havens due to concerns linked to the pivot omicron. And gold fell in spot transactions 0.1% to $ 1806.60 an ounce, …

    Read More »
  • 27 December 2021 4:33 pm

    The Turkish Lira is Falling After Record Highs That Lasted 5 Days

    The Turkish lira fell after record highs over five days, disregarding the messages of reassurance from the government. The currency fell 6.2% to 11.3399 per dollar, on a weak trading day, and since the beginning of the year, the lira has lost 34% of its value, which is the largest …

    Read More »
  • 27 December 2021 3:17 pm

    European Shares Decline in Limited Rrading

    European shares fell in limited trading due to the Christmas holiday on Monday as risk appetite was hit after the mutant Omicron led to a spike in COVID-19 cases globally. The pan-European Stoxx 600 index fell 0.2 percent after Asian shares were mixed. Banks and technology stocks were among the …

    Read More »
  • 27 December 2021 2:23 pm

    Market Drivers – Asian Session 27-12-2021

    Japanese stocks closed lower on Monday with SoftBank Group leading losses as concerns over the fallout from the mutated Omicron from the coronavirus outweighed the positive impact of gains in technology heavyweights. The Nikkei index fell 0.37 percent to close at 28,676.46 points, while the broader Topix index fell 0.45 …

    Read More »
  • 27 December 2021 1:25 pm

    Japanese Stocks Close Lower on Omicron Fears

    Japanese stocks closed lower on Monday with SoftBank Group leading losses as concerns over the fallout from the mutated Omicron from the coronavirus outweighed the positive impact of gains in technology heavyweights. The Nikkei index fell 0.37 percent to close at 28,676.46 points, while the broader Topix index fell 0.45 …

    Read More »
  • 27 December 2021 11:37 am

    Oil Prices Fluctuated And US Crude Fell

    Oil prices were mixed on Monday, with Brent crude rising, while US crude futures fell after airlines canceled thousands of flights in the United States over the Christmas holidays amid a surge in Covid-19 infections. US West Texas Intermediate crude futures fell 41 cents, or 0.6 percent, to $73.38 a …

    Read More »
  • 27 December 2021 10:30 am

    Gold Prices Settled After The Decline in US Treasury Yields

    Gold prices stabilized on Monday above the key level of 1,800 dollars an ounce, while a slight decline in US Treasury yields was offset by a rise in the dollar. Spot gold rose 0.1% to $1,809.95 an ounce and has mostly remained above $1,800 since closing above that level for …

    Read More »
  • 27 December 2021 9:32 am

    Weekly Recap 20 – 24 Dec.

    The financial markets closed the trading week ending on December 24, with the progress of risk assets, led by global stocks, over the rest of the safe-haven assets, led by the US dollar. Over that week, the main drivers of the markets were the economic data and positive developments regarding …

    Read More »
  • 25 December 2021 5:36 am

    Market Drivers – US Session – 24-12-2021

    Gold rose for the second successive week and finished slightly below $1810 after rebounding from $1783. It was unable to hit fresh monthly highs.The precious metal continued to improve its outlook, with a close above the 55-week simple moving average. The upside continues to face resistance around $1810/15. A break …

    Read More »
  • 24 December 2021 11:53 pm

    Why IMF’s Worries About Cryptocurrencies

    The International Monetary Fund is concerned about cryptocurrencies, chiefly because the promising market is growing at a noteworthy pace and regulation is not coping with such a pace.The total market value of all crypto assets surpassed USD 2 trillion in September this year, representing a 10-fold jump from levels seen …

    Read More »
  • 24 December 2021 10:44 pm

    Latest inflation Wave Worst Obstacle Ahead US Economic Recovery

    Over the course of a year, consumer prices rose by 5.7%, the fastest surge of inflation seen in decades. Now, the omicron variant of COVID-19 is threatening any progress the country’s economy has made.In the late 1970s when inflation surged to 7, 8, 9, up to 11%, it was a …

    Read More »
  • 24 December 2021 8:47 pm

    EUR/USD Above 1.1300 Ahead Of Christmas Eve

    The shared currency losses against the US dollar but remains above the 1.1300 figure. EUR/USD price is barely down late in the European session, trading at 1.1318. As US markets as a whole remain closed on Christmas eve, the market sentiment is positive. On Friday, the US dollar benefits from …

    Read More »
  • 24 December 2021 8:40 pm

    European Stocks Close Mixed On Christmas Eve

    The European stock markets closed mixed on Christmas Eve with the French CAC easing 0.1% from 5-week highs.The Dutch AEX flat around 2-week highs and the UK’s FTSE 100 finishing 0.2% up around 21-month highs amid thin trading volumes and as investors were monitoring developments around omicron coronavirus variant and …

    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