Urban studies: Doing research when every city is different 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Wall Street Analysts Weigh in on Latest NFP Data 
Stock Futures Dip as Investors Await Key Payrolls Data 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
China's Refining Industry Faces Major Shakeup Amid Challenges 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
The US dollar index declined sharply after Fed monetary policy. Fed leaves rates unchanged for 5th consecutive time. It continues to expect three rate cuts of 75 bpbs this year. The central bank has raised core PCE inflation for 2024 to 2.6%. It hit a high of 103.17 yesterday and is currently trading around 103.232.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in June % increased to 67.4% from 55.6% a day ago.
The US 10-year yields pared some of their gains after a dovish rate pause by the Fed. The US 10 and 2-year spread narrowed to -33% from -53%.
Major resistance- 103.60/104.25
Major support- 102.70/102.
EURUSD-
EURUSD showed a minor pullback after a dovish Powell. German PPI dropped 4.1% on an annualized basis above expectations of 3.8%. Major Eurozone economic data today
Mar 19th, 2024, German flash manufacturing and services PMI (8:30 am GMT)
Major resistance-1.09500,1.100
Major support- 1.0850,1.0760
Yen-
The yen gained momentum after the Fed policy statement. The policy divergence between the BOJ and Fed supports the Yen at lower levels. Any break above 150 confirms minor bullishness.
Major Resistance- 152,153
Major support- 150,149
Canadian Dollar
The Canadian dollar surged sharply as the US Fed hinted at three rate cuts this year..
Resistance- 1.3500,1.3600
Major support- 1.3435,1.3380
