2025 Market Outlook: Key January Events to Watch 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Wall Street Analysts Weigh in on Latest NFP Data 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Urban studies: Doing research when every city is different 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2310
Kijun-Sen- $2300
Gold gained sharply and hit a fresh all-time high on upbeat US jobs data. The yellow metal hit a low of $2353 yesterday and is currently trading around $2334.
The US economy added 303000 jobs in Mar, compared to a forecast of 212000. The Unemployment rate declined to 3.8% from 3.9%.
Major US economic data for this week to watch out for - US CPI (1:30 pm GMT Apr 10th )
US PPI (1:30 pm GMT Apr 11th, 2024), FOMC minutes meeting ( Apr 11th, 7:00 pm GMT).
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in June decreased to 46.2% from 55.2% a week ago.
US dollar index- Bearish. Minor support around 103.80/103. The near-term resistance is 105.20/106.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index - Bearish (Bullish for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $2320, a break below targets of $2300/$2280/$2267/$2250/$2228. The yellow metal faces minor resistance around $2355 and a breach above will take it to the next level of $2400/$2420.
It is good to buy on dips around $2300 with SL around $2267 for TP of $2400.
