2025 Market Outlook: Key January Events to Watch 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Wall Street Analysts Weigh in on Latest NFP Data 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Stock Futures Dip as Investors Await Key Payrolls Data 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
The US dollar index holds above 102.50 ahead of the US Nonfarm payroll. The US private sector rose by 164000 in Dec compared to a forecast of 115000. The number of people who have filed for unemployment benefits declined by 18000 to 202K the previous week vs.217K. It hit a high of 102.71 and is currently trading around 102.52.
According to the CME Fed watch tool, the probability of a no-rate cut in Jan increased to 95.3% from 83.5% a week ago.
The US 10-year yield gained above 4% after Upbeat US economic data. The US 10 and 2-year spread narrowed to -38% from -53.6%.
Major resistance- 103/104
Major support- 102/101.60.
EURUSD-
EURUSD trading flat ahead of US jobs data. The German inflation showed an uptick to 3.7% year-year., a jump from November's 3.2%. Every month it shows a modest rise of 0.1%, in line with expectations—economic data to watch Eurozone CPI.
Major resistance-1.100,1.1075
Major support- 1.0880,1.0800
Yen-
The Yen lost its shine amid surging US treasury yield. Japan's consumer confidence rose to 37.20 in Dec, well above the forecast of 36.40. Any close above 145 confirms further bullishness.
Major Resistance- 145,146
Major support- 144,143
Canadian Dollar
The pair gained momentum ahead of Canadian employment data.
Major Resistance- 1.3380,1.3435
Major support- 1.3300, 1.3220
Economic calendar -
Jan 4th, 2024, US NFP (1:30 pm GMT)
Canada employment change
