Noor Capital

NEWS DESK

Financial Markets’ Weekly Recap: the size of Fed’s rate cut in focus

News Desk 1 16/09/2024

US dollar has ceased its upward trajectory since the release of US economic data indicating a slowdown in consumer prices. This data has reinforced expectations that the Federal Reserve is likely begin cutting interest rates at its September meeting. This data has fuelled speculation that the

NEWS DESK

Accelerating Fed Rate Cut Optimism Boosts Gold to Fresh Record Highs

News Desk 1 13/09/2024

On Thursday, the price of gold hit yet another record high as investors became increasingly optimistic about the future decline in global interest rates. With the second rate cut in three months by the European Central Bank (ECB), the spot price of gold soared to $2,567 per troy ounce, up 1.5% from Wednesday. In a […]

NEWS DESK

Why Tesla Stock Is Soaring

News Desk 1 12/09/2024

Tesla (NASDAQ: TSLA) shares continued to trend higher today, after an analyst assigned the stock a price target that is among the highest on Wall Street. Tesla stock has soared by over 25% in the last three months. Tuesday morning, shares were higher by as much as nearly 5% after Deutsche Bank analyst Edison Yu […]

NEWS DESK

What is behind recent sharp declines in oil price – Noor Capital

News Desk 1 11/09/2024

On Friday, Brent finished at its lowest level since December 2021, down to $70.6 per barrel—its lowest level since March 2023. WTI dropped to $67.2, a 14-month low. Brent saw a weekly loss of about 10%, which was made worse by the contract rollover at the beginning of the month. The decrease is 7.6% when […]

NEWS DESK

Gold prices have surged above $2,500 per ounce, fueled by expectations of Fed rate cut – Noor Capital

News Desk 1 09/09/2024

Oil PerformanceCrude oil prices hit new lows of the year: The S&P Global Commodity index has also hit new lows of the year, driven in part by WTI crude oil prices, which are now around $68 per barrel. The selloff in oil and commodities also reflects the fears of a demand slowdown globally, particularly in […]

NEWS DESK

OPEC will increase oil production in October despite global energy market challenges – Noor Capital

News Desk 1 04/09/2024

OPEC’s Risky Position: Supply-Demand Balance Required The OPEC+ alliance, comprising major oil producers like Russia and OPEC members, faces a precarious balancing act. The group must carefully navigate the complexities of maintaining market stability and ensuring the financial security of its members, especially after the recent decision to increase oil production

NEWS DESK

What’s behind gold’s recent dizzying decline? – Noor Capital

News Desk 1 04/09/2024

Gold traded below 2,500 per ounce on Tuesday, as the precious metal, which was formerly associated with stability and prosperity, has been steadily declining. Recent weeks have seen a sharp decline in gold prices, mostly due to the US dollar’s steadfast growth. In the financial markets, the inverse relationship between gold and the US dollar […]

NEWS DESK

Supply concerns from Libya could provide support to oil prices – Noor Capital

News Desk 1 03/09/2024

Oil prices extended their losses on Monday as investors weighed the impact of higher OPEC+ production and growing concerns about global demand. The Organization of the Petroleum Exporting Countries and its allies are set to increase oil output in October, which could further tilt the demand-supply balance. Meanwhile, weak economic indicators in China and declining […]

NEWS DESK

Weekly Market Report – While gold captured the spotlight, other precious metals exhibited mixed performance

News Desk 1 19/08/2024

The past week has witnessed a notable rebound in equity markets, with the S&P 500 and the Canadian TSX surging over 6.5% and 5%, respectively, from their August 5 lows. This resurgence appears to be primarily driven by two key factors: a continued moderation in inflation and a resilient economic performance, particularly in the United […]

NEWS DESK

Noor Capital Weekly Market Report

News Desk 1 13/08/2024

For investors who anticipated a smooth 2024, last week painted a different picture of the market. The week started with a sharp drop in the Dow Jones on Monday, sparking a wave of negative headlines predicting further losses. The following days were marked by wild swings, including some sharp gains. However, by the week’s end, […]

NEWS DESK

Fed Aligns Actions with Market Expectations to Boost Investor Confidence

News Desk 1 01/08/2024

Mohamed Hashad, Chief Market Strategist, Noor Capital Jerome Powell Takes Center Stage After Fed’s Interest Rate Decision The Federal Reserve, under the leadership of Chairman Jerome Powell, has demonstrated unwavering commitment to aligning and determination to adjust its actions with market expectations. Their recent decision to maintain interest rates without deviation

NEWS DESK

Fed Chair May Reveal Rate Cut Plans for 2024; Dollar Gains Amid Positive Data, Bitcoin Struggles

News Desk 2 31/07/2024

Will FOMC cut interest rate in July or just warm up for September meeting? FOMC meeting began on Tuesday amid hopes that Jerome Powell, Fed Chairman, could hint the timing or number of rate cuts at least until the end of 2024, this comes amid accelerating expectations that the Federal Open Market Committee will begin […]

NEWS DESK

Markets Struggle Amid Geopolitical Risks, FOMC Decision Outlook

News Desk 2 30/07/2024

Mohamed Hashad, Chief Market Strategist, Noor Capital Global financial markets concluded the first trading day of the new week under the sway of mounting geopolitical tensions in the Middle East, which dampened risk appetite. This led to a decline in several risky assets by the end of Monday’s trading session. However, another factor intervened to […]

NEWS DESK

Fed Meeting to Dominate Next Week’s Markets

News Desk 2 30/07/2024

The Federal Reserve’s meeting, scheduled for Tuesday and Wednesday, is set to be the most significant event shaping global financial markets next week. Anticipation surrounding the Fed’s decisions and Chairman Jerome Powell’s accompanying remarks is likely to influence market activity from the very beginning of the trading week. While there’s a broad consensus among

NEWS DESK

What Could Make the Trump Presidency Mostly Bearish for Crude Oil?

News Desk 2 26/07/2024

Mohamed Hashad, Chief Market Strategist, Noor Capital A second Donald Trump presidency after the election on November 5th would be generally negative for the oil market, albeit it would probably have a limited impact. Even while Trump seems to have a more pro-oil and gas agenda than a Democratic contender, it would take a year […]

NEWS DESK

US Stock Market Reels Following Disappointing Earnings – Noor Capital Market Report

News Desk 2 25/07/2024

Mohamed Hashad, Chief Market Strategist, Noor Capital US Stock Market Reels Following Disappointing Earnings Nasdaq has been taken by a storm. The tech-heavy Nasdaq Composite is going through a major direction change. On Wednesday, the Index saw its worst day since December 2022 as a perfect storm of worsening economic indicators and Megacap Tech companies’ […]

NEWS DESK

How could markets react to Trump’s potential victory in US elections?

News Desk 2 23/07/2024

Donald Trump, the Republican presidential contender and former US president, has emerged as a new influential force in the financial markets in the recent past, and his chances of winning the US presidential election in 2024 are being closely watched. These prospects have grown recently due to certain developments that have taken place in American […]

NEWS DESK

Explainer: Why oil recovers gain 2% after three declining days

News Desk 2 18/07/2024

A larger-than-expected weekly decline in US crude stockpiles and a weaker US currency overcame hints of slower Chinese economic growth as oil prices rose by almost 2% on Wednesday. By 1:33 p.m. EDT (1733 GMT), Brent futures had increased by $1.35, or 1.6%, to $85.08 per barrel, while US West Texas Intermediate (WTI) crude had […]

NEWS DESK

𝗚𝗼𝗹𝗱 𝗽𝗿𝗶𝗰𝗲𝘀 𝘀𝗼𝗮𝗿𝗲𝗱 𝗯𝘆 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝟭.𝟵𝟯%, 𝗳𝘂𝗲𝗹𝗲𝗱 𝗯𝘆 𝗲𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗮 𝗨𝗦 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗿𝗮𝘁𝗲 𝗰𝘂𝘁 𝗶𝗻 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿

News Desk 2 17/07/2024

Gold prices reached a record high and soared by more than 1.93% on Tuesday. Please find below a detailed report by Mohamed Hashad, Chief Market Strategist, at Noor Capital. Gold Sets New Record High on US Rate Cut Hopes Gold prices soared by more than 1.93% on Tuesday, fueled by intensifying expectations for a US interest rate […]

NEWS DESK

Gold, BTC, GBP: Analytical Look on Week’s Performance, Future Outlook

News Desk 2 12/07/2024

The financial markets have been wildly volatile this week, with notable swings in the price of gold, Bitcoin, and the British pound (GBP) caused by a variety of circumstances. Let’s examine the main forces at work in their performance and look forward. Dynamic InterplayThe complex interplay among economic data, expectations for central bank policy, and […]