Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
fnny Beta Launches With a Simple Idea: Find an Event, Show Up, Get Rewarded 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
FxWirePro- Crypto Weekly Alpha: ETF Rebounds, L2 Rallies & Key Resistance Levels 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
AI is supercharging money scams – here’s what you can do to protect yourself 
Add as a preferred source on Google
The US Congress finally passed the tax reform bill, which provides significant tax cuts including a reduction in the headline corporate tax rate to 21% from 35%. President Trump will now sign it into law, although reports suggest he may do so in the New Year. Asian equities were mixed overnight, with news of the US tax overhaul seemingly already priced in.
Buy NDX Call 6-month 102.5% keeping contingent on EURUSD above 1.235 for 0.85% – 77% discount to vanilla (3.7% for a 6-month 45 Delta call) (Spot references: NDX 6472, EURUSD 1.1860).
It is expected that EURUSD to gradually spike and approach the 1.23 level by the mid-year point. Tech would be the sector with the highest exposure to international revenue, so a weaker dollar would be a tailwind.
Moreover, the powerful worldwide tech cycle may not be dead yet and NASDAQ could surprise more on the upside. The historically low level of volatility makes call premia cheap and the negative correlation between NDX and EURUSD dramatically enhances that cheapness. The recent leg down in the index is an interesting entry point into the trade.
