Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Stock Futures Dip as Investors Await Key Payrolls Data 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
US dollar Index-
The US dollar index gained slightly ahead of US CPI and US Fed policy. It hit a high of 105.49 yesterday and is currently trading around 105.29.
CPI Market expectations
Headline CPI expected to rose 3.4% YoY in May from 3.4% previous month and 0.10% m/m vs. 0.30% in Apr.
Core CPI - 3.50% YoY vs 3.4% in Apr. On the monthly basis it is expected to decline 0.30%.
Any hawkish rate pause will push the prices further high.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep decreased to 48.30% from 57.20% a week ago.
Major resistance- 106/107
Major support- 104.70/103.80
EURUSD-
EURUSD is trasing side ways ahead of US CPI and Fed monetary policy. It hit a low of 1.07194 and is currently trading around 1.07372.
The politcial uncertainity in France puta pressure on Euro at higher levels.
Major resistance-1.0800,1.0900
Major support- 1.0720,1.0650
Yen-
The yen lost its shine on polviy divergence between US Fed and BOJ. Any break above 158 confirms further bullishness.
Major Resistance- 158,160
Major support- 156,154.50
Canadian Dollar
The Canadian dollar gained momentum ahead of BOC Gov Macklem speech.Any break above 1.3800 confirms further bullishness.
Resistance- 1.3800, 1.3900
Major support- 1.3700,1.3600
