2025 Market Outlook: Key January Events to Watch 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Stock Futures Dip as Investors Await Key Payrolls Data 
Wall Street Analysts Weigh in on Latest NFP Data 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
The US dollar index pared most of its gains after the dismal US jobs data. It hit a low of 105.19 yesterday and is currently trading around 105.304.
US initial jobless claims rose 22000 to 231k in the week ending May 4th, compared to a forecast of 210k. The weak US jobs renewed the chance of a rate cut by the Fed in June.
Hawkish remarks from the Presidents of the Federal Reserve in Richmond and Minneapolis supported the US dollar prices at lower levels.
According to the CME Fed watch tool, the probability of a no-rate cut in June increased to 91.5% from 85.6% a week ago.
Major resistance- 105.60/106.50
Major support- 104.50/103.80
EURUSD-
EURUSD gained above 1.07500 after the weak US jobs data. The policy divergence between the ECB and Fed putting pressure on the Euro at higher levels.
Federal Reserve Bank of San Francisco President Mary Daly said “We are restrictive, but it might take more time to just bring inflation down”.
Major resistance-1.0820,1.0865
Major support- 1.0720,1.0660
Yen-
The yen continues to underperform this week on board-based US dollar buying. Japan’s verbal intervention and hawkish comments from the Japanese Finance minister are preventing the yen from further downside. Any break above 156 confirms further bullishness.
Major Resistance- 156,157
Major support- 153.40,151.85
Canadian Dollar
The Canadian dollar gained momentum on strong crude oil prices. Any break below 1.3600 confirms further bearishness.
Resistance- 1.3760,1.3800
Major support- 1.3660,1.36000
