Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Urban studies: Doing research when every city is different 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
The US dollar index was trading flat ahead of the US FOMC rate decision. It hit a high of 106.18 and is currently trading around 105.83.
According to the CME Fed watch tool, the probability of a no-rate cut in June increased to 88.40% from 83.50% a week ago.
Major resistance- 106.50/107
Major support- 105.35/104.45
Economic data for the day
Apr 30th, 2024, Chicago PMI (1:45 pm GMT)
US CB consumer confidence (2 pm GMT)
S&P/CS Composite-20 HPI y/y (1 pm GMT)
EURUSD-
EURUSD showed a minor decline despite strong German CPI. Annual German inflation came unchanged at 2.2%. It rose 0.50% m/m in Apr from 0.40% in Mar.
Major Eurozone Economic data this week
Apr 30th, 2024, Core CPI Flash estimate y/y
Major resistance-1.0760,1.0800
Major support- 1.0660,1.0600
Yen-
The pair pared most of its gains after speculation of FX intervention. Any break below 154.95 confirms major bullishness.
Major Resistance- 161,163
Major support- 154.50,153.50
Canadian Dollar
The Canadian dollar lost its shine on weak crude oil prices. Any break below 1.3600 confirms further bearishness.
Resistance- 1.3700,1.3750
Major support- 1.3660,1.3600
