Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Wall Street Analysts Weigh in on Latest NFP Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
The US dollar index jumped slightly ahead of US ISM manufacturing PMI data and FOMC meeting minutes. It hit a high of 102.25 and is currently trading around 102.09.
According to the CME Fed watch tool, the probability of a no-rate cut in Jan increased to 89.10% from 83.5% a week ago.
The US 10-year yield surged more than 6% from a multi-month low of 3.78%. The US 10 and 2-year spread narrowed to -38% from -53.6%.
Major resistance- 102/103
Major support- 100.70/100.
EURUSD-
EURUSD lost its shine on board-based US dollar buying. The souring market mood and weak economic data increased the chance of economic recession. Economic data to watch German and Spanish unemployment change.
Major resistance-1.100,1.1075
Major support- 1.0930,1.0860
Yen-
The pair is consolidating ahead of the US FOMC meeting minutes. Any break above 142.25 confirms further bullishness.
Major Resistance- 142.30,143
Major support- 141.50,140.70
Canadian Dollar
The pair gained momentum on easing Crude oil prices and board-based US dollar buying.
Major Resistance- 1.3350,1.3435
Major support- 1.3250, 1.3170
Economic calendar -
Jan 3rd, 2024, US IS Manufacturing PMI (3:00 pm GMT)
FOMC meeting minutes (7:00 pm GMT)
