Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Stock Futures Dip as Investors Await Key Payrolls Data 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
US Gas Market Poised for Supercycle: Bernstein Analysts 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Wall Street Analysts Weigh in on Latest NFP Data 
2025 Market Outlook: Key January Events to Watch 
The Indian rupee showed a minor pullback on board-based US dollar selling. It hit a high of 84.14 and is currently trading at 83.86.
The policy divergence between the US Fed and RBI put higher pressure on the US dollar.
US dollar index-
US dollar index was one of the worst performers in the past one and half months and lost more than 4% on easing US inflation.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 67.5% from 47% a week ago.
Markets eye FOMC meeting minutes and Fed Chairman Powell's speech at Jackson Hole Symposium.
Major Indian Economic data -
India CPI (Jul) - 3.54% (lowest level in 59 years)
Food inflation- 5.42% Y/Y (the lowest level since Jul 2023)
India’s Industrial Production - 5.2% ( Apr to June) and 4.2% (June 2024)
Technicals-
Major resistance- 84.25
Near-term resistance - 84
Minor support- 83.60, 83.25
Trend reversal level- 83
