Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Urban studies: Doing research when every city is different 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Stock Futures Dip as Investors Await Key Payrolls Data 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
The US dollar index pared some of its gains despite US retail sales. It rose 0.60% m/m in Dec, compared to a forecast of 0.40%. Core retail sales ex-auto jumped 0.40% vs.0.20. It hit a low of 103.20 and is currently trading around 103.26.
According to the CME Fed watch tool, the probability of a no-rate cut in Jan increased to 97.40% from 95.80% a week ago.
The US 10-year yield 'gained more than 5% on strong retail sales data. The US 10 and 2-year spread widened to -24.30% from -17%.
Major resistance- 103.75/105
Major support- 102/101.60.
EURUSD-
EURUSD recovered more than 50 pips on hawkish comments from ECB officials. ECB President Lagarde hints at rate cut this summer at Davos speech. Eurozone final CPI came at 2.90% in line with the estimate of 2.90%.
Major resistance-1.090,1.0965
Major support- 1.0860,1.0800
Yen-
The pair trades higher on surging US treasury yield. Any close above 148.60 confirms further bullishness.
Major Resistance- 148.60,150
Major support- 147.70,146.40
Canadian Dollar
The Canadian dollar showed a minor pullback on strong crude oil prices.
Resistance- 1.3570,1.3645
Major support- 1.3480, 1.3435
Economic calendar
US building permits and Philly fed manufacturing (1:30 pm GMT)
