European Stocks Rally on Chinese Growth and Mining Merger Speculation 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Stock Futures Dip as Investors Await Key Payrolls Data 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Wall Street Analysts Weigh in on Latest NFP Data 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Urban studies: Doing research when every city is different 
The US dollar index trades flat as Middle East tension eases. It hit a high of 106.39 yesterday and is currently trading around 106.10.
According to the CME Fed watch tool, the probability of a no-rate cut in June increased to 84.80% from 78.70% a week ago.
Major resistance- 106.50/107
Major support- 105.35/104.45
Economic data for the day
Apr 23rd, 2024, US flash manufacturing PMI (1:45 pm GMT)
US flash services PMI
New home sales, Richmond Manufacturing index (2 pm GMT)
EURUSD-
EURUSD holds above 1.0650 ahead of a fully packed Eurozone economic data.
Eurozone economic calendar this week
Apr 23rd, 2024, German flash manufacturing and services PMI (7:30 am GMT)
EUR flash Manufacturing PMI (8:00 am GMT)
Major resistance-1.0700,1.0760
Major support- 1.0600,1.0500
Yen-
The pair showed a minor sell-off in hopes of a Japanese government intervention in forex markets. Any break above 155 confirms minor bullishness.
Major Resistance- 155,156
Major support- 154.20,153.50
Canadian Dollar
The Canadian dollar gained momentum as Middle East tension eased. Any break below 1.3660 confirms further bearishness
Resistance- 1.3765,1.3850
Major support- 1.3660,1.3600
