Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Urban studies: Doing research when every city is different 
US Gas Market Poised for Supercycle: Bernstein Analysts 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
2025 Market Outlook: Key January Events to Watch 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Wall Street Analysts Weigh in on Latest NFP Data 
Stock Futures Dip as Investors Await Key Payrolls Data 
The US dollar index gained momentum despite weak US PPI data. US PPI fell 0.10% in Dec, compared to a forecast of 0.10%. Core PPI came unchanged at 0% vs the forecast of 0.20%. It hit a high of 102.93 and is currently trading around 102.905.
According to the CME Fed watch tool, the probability of a no-rate cut in Jan increased to 95.3% from 94.80% a week ago.
The US 10-year yield 'gained more than 2% on strong CPI data. The US 10 and 2-year spread narrowed to -20% from -51.90%.
Major resistance- 103/104
Major support- 102/101.60.
EURUSD-
EURUSD pared some of its gains due to Middle East Geo political tension. Hawkish comments from ECB's Holzmann and Nagel will prevent the Euro from further sell-off. Major eurozone economic indicators - German ZEW economic sentiment and German CPI.
Major resistance-1.1100,1.1070
Major support- 1.0880,1.0800
Yen-
The pair trades higher for the second consecutive day on board-based US dollar buying. Any close above 146.50 confirms further bullishness.
Major Resistance- 146.50,148
Major support- 144,143
Canadian Dollar
The Canadian dollar lost its shine despite strong manufacturing and sales. Canadian manufacturing sales gained 1.2% in Nov vs. Forecast 1.1%.
Major Resistance- 1.350,1.3570
Major support- 1.3400, 1.3340
