Noor Capital

NEWS DESK

Gold Soars Amidst Geopolitical Tensions and Dollar Weakness

News Desk 1 20/11/2024 0

Gold prices surged on Monday, reversing a recent downward trend as the U.S. dollar weakened and concerns over the Russia-Ukraine conflict intensified. The precious metal, often seen as a safe-haven asset during times of economic and geopolitical uncertainty, benefited from increased investor

NEWS DESK

Gold and oil prices fall while bitcoin pulled back from near record high

News Desk 1 19/11/2024 0

Markets’ Weekly Recap: Stronger US dollar dominates performance of key assets Easing labour market conditions are expected to encourage the Fed to deliver a third interest rate cut next month, even as progress in lowering inflation has stalled. Markets now see a 76% probability of a 25-basis-point rate cut by the Fed in December. Gold […]

NEWS DESK

Oil Prices Hover Near Two-Week Lows Amid Demand Concerns and OPEC Downgrade

News Desk 1 17/11/2024 0

Oil prices held steady near two-week lows on Wednesday, following OPEC’s downgrade of its global oil demand growth forecast for 2024 and 2025. Concerns over faltering demand in China also contributed to a cautious market sentiment. As of 10:40 GMT, Brent crude futures had risen by 49 cents, or 0.68%, to $72.38 per barrel, while […]

NEWS DESK

Global oil markets likely to witness price drop – Noor Capital

News Desk 1 14/11/2024 0

Factors That Could Lead to Further Decline in Oil Prices Several factors have emerged in global oil markets that may contribute to a price drop shortly. Most of these are linked to imbalances in supply and demand, while some are related to political and economic developments in the United States and major economies. Oil prices […]

NEWS DESK

The recent surge could lead Bitcoin’s $90K-$100K Ceiling: A Market Maker’s Challenge

News Desk 1 12/11/2024 0

Bitcoin’s relentless ascent has recently captured the world’s attention, with many analysts predicting further price increases. However, a significant hurdle may lie ahead: the $90,000 to $100,000 price range. Market makers, the financial institutions that facilitate trading by providing liquidity, could play a crucial role in capping Bitcoin’s upward momentum within this

NEWS DESK

Elections and the Fed may continue as market movers for awhile – Noor Capital

News Desk 1 11/11/2024 0

Last week was pivotal to financial markets because of the US presidential election results and the Federal Reserve’s interest rate decision. This confluence of events has the potential to significantly shape the trajectory of global asset prices and market trends for years to come. Given the far-reaching political and economic implications of these developments, their […]

NEWS DESK

Gold shines, surging 1.7% after fed rate cut – Noor Capital

News Desk 1 08/11/2024 0

Gold Shines, Surging 1.7% After Fed Rate Cut Gold prices surged over 1.7% after the Federal Reserve delivered a widely anticipated 25 basis point interest rate cut. While the market had largely priced in this move, the Fed’s acknowledgment of economic uncertainty and balanced risks bolstered gold’s safe-haven appeal. Gold is trading at 2,704 at […]

NEWS DESK

Oil continues to rise following Trump win – Noor Capital

News Desk 1 08/11/2024 0

Oil continues its upward trajectory since the start of Wednesday trading, extending a strong rally driven by developments in the U.S. political landscape, American oil inventories, Middle Eastern tensions, and a boost in risk appetite across markets. Trump’s economic policies focus on increasing tariffs and implementing more tax breaks for families and businesses, making

NEWS DESK

Trump’s Win – U.S. stock futures, the dollar, and the treasury yields all rising – Noor Capital

News Desk 1 06/11/2024 0

Former President Donald Trump has declared victory in the 2024 presidential election after Fox News projected his win over Democrat Kamala Harris, marking a remarkable political comeback. Trump’s projected triumph included key battleground states—Pennsylvania, North Carolina, and Georgia—with reported leads in other decisive states, according to Edison Research. Other news

NEWS DESK

Gold Drops as Middle East Tensions Ease; Dollar Gains on Election Uncertainty

News Desk 1 04/11/2024 0

Gold prices slipped from recent highs in Asian markets on Monday as reduced fears of a broader Middle Eastern conflict softened safe-haven demand for the metal. Traders turned their attention toward the U.S. dollar, with rising demand spurred by upcoming U.S. elections and increased political uncertainty in Japan, where the ruling Liberal Democratic Party’s coalition […]

NEWS DESK

U.S. Stock Futures Rise Amid Calmer Geopolitics, Key Earnings, and Election Countdown

News Desk 1 03/11/2024 0

U.S. stock index futures climbed on Monday, supported by easing geopolitical concerns and anticipation of a busy week, including key technology earnings, nonfarm payroll data, and final U.S. presidential election campaign pushes. By 06:35 ET (10:35 GMT), Dow Jones Futures were up 225 points (0.5%), S&P 500 Futures gained 36 points (0.6%), and Nasdaq 100 […]

NEWS DESK

Oil Markets Roiled Amid Geopolitical Tensions, Hurricane Devastation

News Desk 1 11/10/2024 0

Oil prices have been on a wild ride in recent weeks, driven by a perfect storm of geopolitical tensions and natural disasters. The escalating conflict between Israel and Iran, coupled with the devastating impact of Hurricane Milton on U.S. fuel supplies, has sent crude oil prices soaring. The Middle East, a region that accounts for […]

NEWS DESK

Noor Capital to Unveil Market-Shaping Insights at Dubai’s Forex Expo 2024

News Desk 1 03/10/2024

Securing a deserving spot as one of the Elite Sponsors at the Forex Expo Dubai 2024; Noor Capital, the region’s leading investment brokerage firm is set to become a prominent partner at the upcoming 7th edition of the event scheduled on the 7th and 8th of October. With advanced technological infrastructure and in-depth knowledge of […]

NEWS DESK

Investors should avoid panic about oil prices in the Middle East crisis

News Desk 1 02/10/2024

Oil prices rose by more than 4% to about $75 a barrel on Tuesday. So far, oil prices rose by more than 4% as escalation has intensified between Israel and Iran. Amid this geopolitical scene, the risk of a jump in oil prices that could trigger another global inflation shock appeared to be materializing. However, […]

NEWS DESK

Oil Prices Steady as Supply Outlook Offsets Middle East Tensions – Noor Capital

News Desk 1 01/10/2024

Oil prices remained relatively unchanged on Tuesday as prospects of stronger supply and sluggish global demand growth balanced concerns over potential disruptions from escalating tensions in the Middle East. Key Price Movements: ·  Brent Crude: December delivery edged up 13 cents (0.18%) to $71.83 a barrel as of 0615 GMT. ·  West Texas Intermediate

NEWS DESK

US Data support Fed’s inclination to more aggressive rate cut

News Desk 1 30/09/2024

Last week, risk assets and gold emerged as the clear winners over the dollar in the financial markets race. This was fueled by recent economic data releases from the United States, which reinforced the perception of price stability and strengthened the likelihood of continued interest rate cuts by the Federal Reserve in the same pace […]

NEWS DESK

Despite gains, bets on Fed could limit US Dollar’s uptrend – Noor Capital

News Desk 1 26/09/2024

The market is still overestimating Fed easing even while the Fed is defying dovish expectations. S&P Global preliminary September PMIs came in above forecasts, indicating that the economy is still doing well. Fed representatives will make an effort to temper their dovish remarks. Amidst growing concerns of a recession, the US Dollar Index (DXY), which […]

NEWS DESK

Financial Markets Weekly Recap: US Labour Data Attracted Most Investors’ Attention

News Desk 1 23/09/2024

The US labour market was a significant focus for investors, with the August nonfarm jobs repor as the most awaited data. The report confirmed signs of a softening US labour market, starring a drop in the unemployment rate from 4.3% to 4.2% by a clear softening trend in new jobs added and several downward revisions. […]

NEWS DESK

Impact of the Fed rate cut on stocks, crypto and other investments – Noor Capital

News Desk 1 20/09/2024

The Federal Reserve has lowered interest rates at its Sept. 17-18 meeting, decreasing the federal funds rate by 50 basis points to 4.75 to 5.0%. This is likely the first of a string of rate cuts that should help buoy the U.S. economy. Interest rates are one of the biggest tools the Fed has for […]

NEWS DESK

The Fed’s rate cut is a double-edged sword for the stock market – Noor Capital

News Desk 1 19/09/2024

How have US Stocks Reacted to the FOMC Decision? The Federal Reserve’s recent decision to lower interest rates has sent ripples through the financial markets, sparking a surge in stock prices. While the move has initially been welcomed by investors, its long-term implications remain uncertain. Let’s delve deeper into the potential impacts of this rate […]