Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Wall Street Analysts Weigh in on Latest NFP Data 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Urban studies: Doing research when every city is different 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
2025 Market Outlook: Key January Events to Watch 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
The US dollar index has traded in a narrow range between 103.80 and 102.77 for the past week.
US Advance GDP grew at a faster pace at 3.3%, compared to a forecast of 2%. US flash manufacturing and services PMI in Jan came at 50.30 and 52.90 respectively, compared to a forecast of 47.6 and 51.40. US durable goods orders came unchanged in Dec. The Core PCE rose by 2.9% last month from 3.2% in Nov. It hit a low of 103.14 yesterday and is currently trading around 103.49.
According to the CME Fed watch tool, the probability of a no-rate cut in Jan unchanged at 97.9% from 97.90% a week ago.
The US 10-year yield consolidating despite upbeat US economic data. The US 10 and 2-year spread narrowed to -21.1% from -53%.
Major resistance- 103.75/105
Major support- 102.70/101.60.
EURUSD-
EURUSD extended its decline after the ECB monetary policy. The central bank kept its rates unchanged without making any changes in the policy statement. ECB President Lagarde said "The consensus around the table of the Governing Council was that it was premature to discuss rate cuts," Markets expect an 80% chance of a 25 bpbs rate cut by Apr increased from 60% before the meeting.
Major resistance-1.08850,1.1000
Major support- 1.0800,1.07200
Yen-
The yen pared more of its gains despite BOJ's hawkish tilt. Any close above 148.80 confirms further bullishness.
Major Resistance- 148.80,150
Major support- 146.50,145
Canadian Dollar
The Canadian dollar trades higher on strong crude oil prices. The Bank of Canada has kept its rates unchanged at 5% and dovish comments from the BOC governor have pushed the pair above 1.350.
Resistance- 1.3550,1.3600
Major support- 1.3400,1.3300
Jan 30th, 2024, CB Consumer Confidence (3 pm GMT)
Jan 31st, 2024, German Prelim CPI m/m (all day)
ADP Non-Farm Employment Change (1:15 pm GMT)
US Federal funds rate (7 pm GMT)
Feb 1st, 2024, BOE monetary policy (12:00 pm GMT)
US ISM manufacturing PMI (3 pm GMT)
Feb 2nd 2024, US NFP (1:30 pm GMT)
