2025 Market Outlook: Key January Events to Watch 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Stock Futures Dip as Investors Await Key Payrolls Data 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Wall Street Analysts Weigh in on Latest NFP Data 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
The US dollar index activity remained subdued due to the US market holiday. Markets eagerly waiting for FOMC meeting minutes (Fed 21st 7 pm GMT) for further direction. It hit a high of 104.41 at the time of writing and is currently trading around 104.229.
According to the CME Fed watch tool, the probability of a no-rate cut in Mar increased to 91.50% from 84% a week ago.
The US 10-year yields have consolidated in a narrow range for the past two days. The US 10 and 2-year spread narrowed to -34.5% from -53%.
Major resistance- 105/106
Major support- 104.50/103.80.
EURUSD-
EURUSD trades quietly as US markets closed for Washington's birthday. Markets eye Euro and German flash manufacturing PMI on Thursday for further direction.
Major resistance-1.0800,1.0880
Major support- 1.0720,1.0660
Yen-
The pair's upside was hampered after verbal intervention by the Japanese Finance minister. Any break above 149.50 confirms minor weakness.
Major Resistance- 151,152
Major support- 148,146.50
Canadian Dollar
The Canadian dollar showed a minor decline ahead of CPI data. The jump in crude oil prices supports the Canadian dollar at lower levels.
Resistance- 1.3550,1.3600
Major support- 1.3435,1.3380
