Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 28 February 2022 8:42 pm

  Fed’s Bostic Supports 25 bps Hike At March Meeting

  

  Atlanta Fed President Raphael Bostic said on Monday that the Fed needs to be “forceful and committed” in getting inflation under control, as reported by Reuters.Key Comments:“For now, inflation expectations in longer-term haven’t moved in a significant way.”“Labor supply is a huge problem.”“Until pandemic is over, there will be effects …

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• 28 February 2022 8:16 pm

  WTI Supported Amid Potential Supply Disruptions

  

  Although oil prices retreated from earlier highs as markets await the outcome of Ukraine-Russia talks and traders hope that a ceasefire could materialize, front-month WTI futures remain well underpinned in the $95.00 territories. At current levels in the $96.00s, WTI is trading with on-the-day gains of over 4.0% or more …

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• 28 February 2022 7:52 pm

  Russia’s Sanctions Keep Investors On Alert

  

  Asian markets closed today’s trading up across the board, with the exception of Hong Kong’s Hang Seng, which edged down 0.24% while Japan’s Nikkei rose 0.19%, China’s Shanghai Composite gained 0.32%, India’s Sensex advanced 0.70%, and South Korea’s KOSPI finished trading up 0.84%. Taiwan’s equity markets are closed today to …

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• 28 February 2022 7:05 pm

  US Shares Await Further Gains Despite Geopolitical Concerns

  

  Geopolitical tensions between Russia and the West, including the Ukrainian crisis, have greatly escalated during last week. Although the current crisis will likely mark the inauguration of a new security formula for Europe and the United States, economists at Citibank still have confidence in the financial markets. Economists believe that …

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• 28 February 2022 6:03 pm

  Market Drivers – European Session 28-2-2022

  

  Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and cut off certain Russian banks from the global SWIFT system for interbank payments, potentially causing severe disruption to its oil exports. Brent crude rose $4.16, or 4.3 percent, to $102.09, after hitting a high of $105.07 …

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• 28 February 2022 5:31 pm

  Oil Prices Rise as Sanctions Escalate on Russia

  

  Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and cut off certain Russian banks from the global SWIFT system for interbank payments, potentially causing severe disruption to its oil exports. Brent crude rose $4.16, or 4.3 percent, to $102.09 at 0915 GMT, after hitting a …

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• 28 February 2022 4:33 pm

  Toyota Suspends All Domestic Factory Operations Over Suspected Cyber Attack

  

  Toyota Motor Co. said it will suspend all local factory operations on Tuesday, losing production of about 13,000 cars, after a company that supplies it with plastic parts and electronic components was subjected to a suspected cyber attack. No information was available yet on who was behind the attack or …

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• 28 February 2022 4:23 pm

  The Ruble is Falling to Its Lowest Level Ever

  

  The Russian ruble fell nearly 30 percent on Monday, the euro fell nearly 1 percent against the dollar, and demand for the Swiss franc, the Swiss franc and the Japanese yen increased as safe havens after Western countries imposed tough new sanctions on Russia after its invasion of Ukraine. Western …

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• 28 February 2022 2:20 pm

  European Shares Fall 2% After Imposing Tough Sanctions on Russia

  

  European shares fell on Monday as Western countries imposed tough new sanctions on Russia in the wake of its invasion of Ukraine while rising oil prices fueled fears of hyperinflation. By 0810 GMT, the pan-European Stoxx 600 index fell 2.1%, Germany’s DAX 2% and Britain’s Financial Times 0.9%. Crude oil …

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• 28 February 2022 1:33 pm

  The Rise of Gold And Palladium on Sanctions Against Russia

  

  The price of palladium jumped about 6 percent on Monday after concerns about supplies of the metal used in the auto industry increased as the West imposed new sanctions on Russia, and the price of gold rose by more than one percent after Russian President Vladimir Putin put the nuclear …

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• 28 February 2022 12:41 pm

  Japanese stocks close higher on optimism about Russia-Ukraine negotiations

  

  Japanese stocks reversed course to close higher on Monday as investors hoped talks between Russia and Ukraine would yield a positive outcome, easing concerns about the economic impact of tough Western sanctions on Russia. The Nikkei index rose 0.19 percent to close at 2,6526.82 points, after falling 0.8 percent earlier …

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• 28 February 2022 11:49 am

  Russia Raises Key Interest Rate to 20% And Orders Companies to Sell Foreign Currency

  

  The Russian Central Bank on Monday raised its key interest rate to 20 percent from 9.5 percent to counter the risks of a depreciating ruble and rising inflation. The central bank and finance ministry said Russia had also ordered companies to sell 80 percent of their foreign currency earnings. The …

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• 28 February 2022 11:01 am

  Brent Crude Futures Rose More Than $7 to $105.07 a Barrel

  

  Oil prices in Brent crude futures rose more than 7 dollars to 105.07 dollars a barrel with the opening of trading on Monday, and oil prices in US crude futures rose more than 7 dollars to 99.10 dollars a barrel. The British oil company BP said on Sunday, February 27, …

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