Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Urban studies: Doing research when every city is different 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Stock Futures Dip as Investors Await Key Payrolls Data 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Wall Street Analysts Weigh in on Latest NFP Data 
The publication of composite purchasing manager indices for the eurozone has been lackluster (Service PMIs are at 52.5 versus consensus 53.1 and previous flashes at 53.3 levels and Manufacturing PMIs are at 47.8 against consensus 48.1 levels.
European-bloc FX vol can pick up in a variety of ways – if the Euro catches up to the extended stretch of poor data by breaking below 1.10, if Trump turns his attention to tariffs on European autos after a successful China deal, or if the noisy run-up to the European elections in May reignites Italian stress.
Our FX macro portfolio is well prepared for these unfriendly outcomes via a suite of bearish Euro option structures instituted last week, but sub-6 3M ATM vols in EURUSD are not.
We remain of the view that smaller, less liquid satellite European names like CEE and Scandinavian FX are better ways of playing a spike in Euro vol than EURUSD itself (the currency spread between Euro-bloc vs. EURUSD vols typically widens in stress).
As a complement to directional Euro shorts, owning USDSEK – EURSEK vol spreads can be one carry-efficient way of positioning for this theme. Courtesy: JPM
Currency Strength Index: FxWirePro's hourly EUR spot index is showing -51 (which is bearish), while USD is flashing at 135 (which is highly bullish) while articulating at (10:24 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex
