Gold prices experienced a significant uptick on Thursday, October 10th, following the release of mixed economic data from the United States and comments from Federal Reserve officials. While a slight increase in inflation provided a temporary boost, the overall trend was influenced by the anticipation of potential interest rate cuts …
Read More »Noor Capital | Interview with Mohammed Hashad on Kuwait TV – Sept 23, 2024
In an interview conducted by Kuwait Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Wall Street’s Collective Gains and Weekend Variation Over the past week, …
Read More »Noor Capital | Interview with Mohammed Hashad on Dubai TV – Sept 23, 2024
In an interview conducted by Dubai TV, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Eurozone Economic Outlook At the start of the week, a series …
Read More »Noor Capital | Interview with Mohammed Hashad on CNBC – Sept 23, 2024
In an interview conducted by CNBC Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Euro-Dollar (EUR/USD) The Euro-Dollar pair experienced significant movement. Following the Federal …
Read More »Noor Capital | Interview with Mohammed Hashad on Kuwait TV – Sept 9, 2024
In an interview conducted by Kuwait Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. How do we understand the reaction of U.S. indices after the …
Read More »Noor Capital | Interview with Mohammed Hashad on Dubai TV – Sept 9, 2024
Dubai TV interviewed Mohammed Hashad, Head of Research and Development at Noor Capital and a member of the American Society of Technical Analysts. Let’s start with the U.S. labor market data, which came in mixed. How did the markets interpret it, and how did it reflect on the movement of …
Read More »Market Drivers: US Session, August 28
The US Dollar struggled to maintain its upward momentum on Tuesday, as market participants adopted a cautious stance ahead of crucial economic data releases later in the week. The British Pound emerged as a standout performer, benefiting from the Bank of England’s persistent hawkish stance.Key Economic Events for Wednesday, August …
Read More »Noor Capital | Interview with Mohammed Hashad on Dubai TV – August 26, 2024
Dubai TV interviewed Mohammed Hashad, Head of Research and Development at Noor Capital and a member of the American Society of Technical Analysts. Hashad discussed recent market developments, asset performance, and investment tools, including oil, gold, and cryptocurrencies. He also shared his expectations regarding monetary policy, particularly the Federal Reserve …
Read More »Gold Prices Ease Slightly, Remain Near Record Highs on Fed Rate Cut Speculation
Gold prices dipped slightly in Asian trading on Tuesday but remained close to their record highs as traders increasingly believe that the Federal Reserve will begin cutting interest rates in September, leading to a weaker dollar. Spot gold edged down 0.1% to $2,501.06 an ounce, while December gold futures also …
Read More »Gold Prices Slide from Record Highs on Concerns Linked to China’s Demand
Gold prices have pulled back from a historic peak above $2,500 per ounce. A combination of factors contributed to this decline:Increased Speculative Bets: Hedge funds and other large investors have significantly boosted their bullish positions in gold futures and options, reaching a four-year high. This suggests a potential market overbought …
Read More »