Geopolitical Shocks That Could Reshape Financial Markets in 2025 
China's Refining Industry Faces Major Shakeup Amid Challenges 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Urban studies: Doing research when every city is different 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Stock Futures Dip as Investors Await Key Payrolls Data 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
The US dollar index showed a minor sell-off ahead of US PPI data and retail sales. US retail sales are expected to improve to 0.80% m/m from -0.80% m/m the previous month. Retail sales, excluding autos are anticipated to surge to 0.50% MoM in Feb from -0.60% Jan. It hit a low of 102.66 yesterday and is currently trading around 102.885.
According to the CME Fed watch tool, the probability of a no-rate cut in Mar decreased to 99% from 96% a week ago.
The US 10-year yields gained more than 4% ahead of US PPI. The US 10 and 2-year spread narrowed to -44% from -53%.
Major resistance- 104.25/105
Major support- 102.30/101.60.
EURUSD-
EURUSD is trading higher for the second consecutive day ahead of US PPI data. ECB board member Villeroy said that the ECB will lower rates in spring if inflation comes below 2%.
Major resistance-1.09500,1.100
Major support- 1.0850,1.0760
Yen-
The yen declined more than 100 pips despite wage increases by various large corporations. Any break above 148.20 confirms minor bullishness.
Major Resistance- 150,151
Major support- 146.40,145
Canadian Dollar
The Canadian dollar showed a minor pullback on strong crude oil prices.
Resistance- 1.3550,1.3600
Major support- 1.3435,1.3380
