US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Wall Street Analysts Weigh in on Latest NFP Data 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
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China's Refining Industry Faces Major Shakeup Amid Challenges 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Stock Futures Dip as Investors Await Key Payrolls Data 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
2025 Market Outlook: Key January Events to Watch 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
US dollar index-
The US dollar index lost its shine after dovish Fed monetary policy. It has kept its rates unchanged for the third straight meeting. The central bank said that the economy "has slowed down " since Q3 2023. Fed dot plot shows that there will 3 rate cuts in 2024 (0.75%). According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Mar increased to 69.90% from 39.7% a day ago.
The US 10-year yield declined more than 5% after the dovish Fed policy. The US 10 and 2-year spread narrowed to -38% from -52%.
Major resistance- 103.20,104.25
Major support- 102.40/101.
EURUSD-
EURUSD is trading above 1.0900 as the Fed indicates a 0.75% rate cut in 2024. Markets eye ECB policy meeting today for further movement. Analysts predict European Central will cut rates by 150 basis points next year.
Major resistance- 1.0930,1.1000
Major support- 1.0865,1.0800
Yen-
The Japanese Yen hits a fresh multi-month low on board-based US dollar weakness.
Major Resistance- 142.25,143
Major support- 140.80,140
Pound sterling
The pound sterling jumped above 1.26500 on a dovish Fed rate pause. Investors eye the Bank of England monetary policy meeting for further upside.
Major Resistance- 1.2700,1.2760
Major support- 1.2600,1.25400
Economic calendar -
Dec 14th, 2023, SNB monetary policy (8:30 am GMT)
BOE monetary policy summary (noon GMT)
ECB monetary policy (1:15 pm GMT)
US retail sales (1:30 pm GMT)
