Due to the parity of factors that affected the trading environment over the preceding period, the price movement of practically all traded assets closed last week’s trading on the global financial markets with a moderate change.These factors started with investors’ focus on the statements and comments by Federal Reserve Chair, …
Read More »Noor Capital | Mohammad Hashad Interview on Dubai TV – January 29, 2024
Mohammed Hashad, Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, shared insights on significant market developments and the performance of key assets during an interview on Dubai TV. Addressing the persistent upward trend in oil prices and the challenges posed by …
Read More »Noor Capital | Mohammad Hashad Interview on Dubai TV – January 15, 2024
Mohammed Hashad, Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented on the most prominent developments in the financial markets and the performance of the most important assets, in an interview on Dubai TV. Asked about the US stock market, which …
Read More »US stocks fluctuate after weak bank and airline earnings
US stocks initially rallied on Friday after the US Producer Price Index (PPI) declined faster than market models predicted, despite Thursday’s CPI showing unexpectedly accelerated consumer inflation in December. The monthly PPI for December fell by 0.1%, in line with the previous month’s -0.1% decline, missing the median market forecast …
Read More »T-yields decline to May low post PPI reading, bank earnings
A drop in producer prices caused Treasury two-year yields to drop to their lowest level since May, suggesting that the Fed may cut rates this year. This comes after a higher-than-expected figure on consumer prices, which highlights how difficult it is to meet inflation targets.Wall Street analyzed bank results and …
Read More »Gold is confined to a narrow range with focus on US inflation data
Gold prices fell in limited trading on Tuesday as investors awaited more US economic data this week that may shed light on the Federal Reserve’s monetary policy outlook. By 0535 GMT, gold in spot transactions fell 0.1 percent to $2,024.49 per ounce. US gold futures also fell 0.1 percent to …
Read More »Gold rises on the back of declining bond yields
Gold prices rose on Monday, supported by weak bond yields, as investors awaited US inflation data scheduled to be published later this week in search of more indications about the path the Federal Reserve will take on interest rates after an easing trend last week. Gold rose in spot transactions …
Read More »Gold slightly higher as all eyes focus on looming FOMC decision
Gold prices are up a bit after hitting a three-week low overnight, while silver is slightly down after scoring a four-week low overnight. The marketplace is quieter just ahead of some important US economic data coming out today. February gold was last up $3.20 at $1,996.40. Gold is trading at …
Read More »Market Drivers – US Session, December 11
On Wednesday, all eyes will be on the Federal Reserve and Chair Powell. During the Asian session, New Zealand will disclose current account figures, and Japan will release the Tankan survey. The Producer Price Index (PPI) will provide more inflation data in the United States.On Wednesday, the Federal Reserve will …
Read More »Market Drivers – US Session, October 11
Gold broke above $1,860 and jumped to $1,875, boosted by lower yields and the weaker dollar. Silver joined the rally, climbing above $22.00.The US Dollar finished flat despite higher-than-expected US wholesale inflation and the release of the FOMC minutes. The Greenback remains weak as US yields continue to pull back. …
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