Open Demo Account

Market Analysis

December, 2021

  • 8 December 2021 7:38 pm

    Poland’s Central Bank Raises Interest Rate

    The Narodowy Bank Polski (NBP), Poland’s central bank, raised its benchmark interest rate by 50bps as expected to 1.75% on Wednesday. The central bank also raised each of its other interest rates by 50bps; the discount rate on bills of exchange was lifted to 1.85% from 1.35%, the Lombard rate …

    Read More »
  • 8 December 2021 7:17 pm

    WTI Crude Swings Between Gains And Losses

    Crude oil prices have been choppier on Wednesday than the previous two days. WTI crude futures have dumped within a USD 71.00 – 72.70 range over the past few hours, swinging between gains and losses. WTI slump back under the USD 72.00 to around USD 71.75, where it trades broadly …

    Read More »
  • 8 December 2021 6:22 pm

    Market Drivers – European Session 08-12-2021

    During Tuesday’s trading, the S&P 500 and Nasdaq recorded their best days since March, and the Dow Jones Industrial Average rose 492 points, supported by gains in Apple, Salesforce, and American Express. The S&P 500 also posted gains, up 2.1%, and the technology-focused Nasdaq Composite was the outperformer, gaining more …

    Read More »
  • 8 December 2021 5:38 pm

    US Stock Futures Continue to Rise During Today’s Trading

    US stock futures rose in morning trading on Wednesday, after shares continued their recovery in the main market trading yesterday. Dow Jones Industrial Production futures rose 14 points, S&P 500 futures rose 0.1%, and Nasdaq 100 futures rose 0.3%. During Tuesday’s trading, the S&P 500 and Nasdaq recorded their best …

    Read More »
  • 8 December 2021 4:26 pm

    Gold Rises as The Dollar Falls, Eyes on US Inflation Data

    Gold prices rose to their highest in a week on Wednesday as the dollar and US bond yields fell and the precious metal received a boost as a safe haven due to tensions related to Ukraine with US consumer price data due later this week. The price of gold in …

    Read More »
  • 8 December 2021 3:06 pm

    The Most Stable Sectors Support European Shares

    European shares rose on Wednesday after posting their biggest two-day gain in more than a year, as shares in sectors that are usually stable in times of crisis rose as investors weighed the effectiveness of available vaccines against the new mutated Omicron from the Coronavirus. The pan-European Stoxx 600 index …

    Read More »
  • 8 December 2021 2:16 pm

    Market Drivers – Asian Session 8-12-2021

    The Japanese economy contracted in the third quarter of 2021 by 3.6% on an annual basis and 0.9% on a quarterly basis, due to a decline in per capita consumption, which constitutes one of the basics of the equation for calculating the GDP of countries. The Nikkei average rose 1.4 …

    Read More »
  • 8 December 2021 1:45 pm

    Japan’s Economy Shrank 3.6% Yoy in Q3

    Japan

    The Japanese economy contracted in the third quarter of 2021 by 3.6% on an annual basis and 0.9% on a quarterly basis, due to a decline in per capita consumption, which constitutes one of the basics of the equation for calculating the GDP of countries. This per capita consumption decreased …

    Read More »
  • 8 December 2021 1:20 pm

    Japan Shares Extend Gains as Omicron Fears Recede

    Japanese stocks jumped on Wednesday as investors raised hopes that the impact of the omicron on the global economy will be less than initially expected. The Nikkei average rose 1.4 percent to 28,860.62, its highest closing level since November 25. The broader Topix index advanced 0.6 percent to 2002.24 points. …

    Read More »
  • 8 December 2021 3:31 am

    Market Drivers – US Session – 7-12-2021

    President Joe Biden told Russian Counterpart Vladimir Putin that the United States is prepared to launch strong economic measures in case Russia decides to invade Ukraine. The Bank of Canada is expected to keep the major part of focused spotlight on inflation at its policy decision, as the country’s central …

    Read More »
  • 8 December 2021 2:07 am

    Iraq’s Opposes Unjustified Oil Output Increase

    OPEC

    Iraq’s oil minister said, Tuesday, that his country policy in OPEC is based on reservations about the unjustified increase in production.Minister Ihsan Abdul-Jabbar added that the contract signed with France’s Total would generate more than USD 85 billion in profits for Baghdad over 20 years. Total will build four giant …

    Read More »
  • 8 December 2021 1:46 am

    Moscow Warned Of Economic Measures Over Ukraine

    The White House says President Joe Biden told Russian Counterpart Vladimir Putin that the United States is prepared to launch strong economic measures in case Russia decides to invade Ukraine, signaling that these new measures would pack a bigger punch than the sanctions issued in 2014 that failed to stop …

    Read More »
  • 8 December 2021 1:33 am

    Gold Strives To Hold Consolidation

    Although gold markets firstly fell during trading on Tuesday, the precious metal found enough buyers underneath to push it up. Spot gold was up 0.2% to $1,782.39 per ounce by 01:40 p.m. ET (1840 GMT). U.S. gold futures settled up 0.3% at 1,784.70. Gold is trying to stay in the …

    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