2025 Market Outlook: Key January Events to Watch 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
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 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
US Gas Market Poised for Supercycle: Bernstein Analysts 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Wall Street Analysts Weigh in on Latest NFP Data 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Stock Futures Dip as Investors Await Key Payrolls Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
The US dollar index showed minor weakness ahead of the FOMC meeting minutes. A strong US economy and hotter-than-expected inflation will force the Fed to delay early rate cuts. It hit a high of 104.41 yesterday and is currently trading around 103.99.
According to the CME Fed watch tool, the probability of a no-rate cut in Mar increased to 91.50% from 91% a week ago.
The US 10-year yields trade flat ahead of FOMC meeting minutes. The US 10 and 2-year spread narrowed to -32% from -53%.
Major resistance- 105/106
Major support- 104.50/103.80.
EURUSD-
EURUSD showed a minor pullback to 1.08387, its highest level since Feb 2nd, 2024. Markets await Euro and German flash manufacturing PMI on Thursday and FOMC meeting minutes for further direction. Eurozone's current account surplus grew to 31.9 billion euros in Dec 2023 from 22 billion euros.
Major resistance-1.0850,1.0935
Major support- 1.0760,1.0700
Yen-
The yen gained momentum on board-based US dollar selling. Any break below 149.50 confirms minor weakness.
Major Resistance- 151,152
Major support- 148,146.50
Canadian Dollar
The Canadian dollar lost its shine after a weak Canadian CPI. This will increase the chance of a rate cut by BOC.
Resistance- 1.3550,1.3600
Major support- 1.3435,1.3380
