Nour Eldeen Al-Hammoury, a trader/ investor with more than 15 years of experience in focusing on foreign exchange, stocks, and global economic developments, as well as central bank policies and Intermarket analysis (global markets relationships), Nour Eldeen dominates the markets.
Nour Eldeen had served as Chief Market Strategist at Markets.com, Amana Capital, ADS Securities, and FBS Inc.
At these companies, he led the team of analysts to success, which included holding several seminars/webinars, and educational sessions.
Nour Eldeen served in many organizations and departments as Fx Analyst, Treasury Analyst, and Strategist for over 15 years. He was invited as a guest speaker in many seminars and conferences in the US, Singapore, Dubai, Saudi Arabia, Jordan, Lebanon, Egypt, Spain, France, China, Cyprus, London, and Abu Dhabi.
Nour Eldeen was honored to participate in the Harvard Project for Asian and International Relations, where he held a session explaining the upcoming economic challenges and his predictions for a future global crisis. His seminar received the highest ranking and was noted to “have been one of the best and most enticing” of the HPAIR2013 Conference.
His specialties include using Intermarket analysis whereby the technical and fundamental markets analysis are merged with the global economy’s condition.
Nour Eldeen is a regular on many major TV networks (several times each) such as BBC Radio, BBC World News, Al-Jazeera, Al-Hurra TV CNBC Europe, CNBC Asia, CNBC Arabia, Alarabiya, Bloomberg, Russia Today, Dubai TV, Sama Dubai, Skynews Arabia, Qatar TV, and Future TV News.
He is also a constant reappearing guest on several of the above-mentioned media stations daily. He presents insight to the market’s movements, holds open discussions, and relays possibilities related to the world’s financial markets, economies as well as their directions. He is not scared of taking risks and is open about expressing his views. His passion for the markets is undeniable. In Addition, his articles are published regularly in offline and online magazines and newspapers, including FT.com, Wall Street Journal, Nasdaq, Marketwatch, The National, Banker Middle East, and others.
Nour Eldeen had a daily TV show on Skynews Arabia TV in Abu Dhabi, where he used to summarize the market direction, companies’ earnings, and so on. His show ranked one of the most viewed shows in the middle east as it was one of a kind.
Last week we mentioned that indicators confirmed a reversal on US equities, specifically SPX. The index saw two days of consecutive declines since the beginning of this week, declining to as low as 3919 on Tuesday, losing around 4.4% from last week’s high so far. The question is now, is it time to buy? Technical
The US equities had two days of consecutive declines after last week’s rally, SPX closed the day below 3960 while DowJones was able to close the day unchanged. With such a move, a short-term top is in place and a reversal is confirmed, the question is, for how long will it last? The technical indicators
Last week, the entire global market and especially the US celebrated the decline in inflation, including YoY CPI and Core CPI, which was considered the first sign that inflation might have peaked finally. There are still a lot of talks about seasonality and that the data is just one headline and that markets should not