Urban studies: Doing research when every city is different 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Stock Futures Dip as Investors Await Key Payrolls Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Wall Street Analysts Weigh in on Latest NFP Data 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
The US dollar index recovered slightly ahead of US GDP data.
US flash manufacturing and services PMI in Jan came at 50.30 and 52.90 respectively, compared to a forecast of 47.6 and 51.40. It hit a high of 103.40 and is currently trading around 103.33.
According to the CME Fed watch tool, the probability of a no-rate cut in Jan decreased to 97.40% from 96.90% a week ago.
The US 10-year yield jumped more than 2.5% after upbeat US Flash PMI data. The US 10 and 2-year spread narrowed to -21.1% from -53%.
Major resistance- 103.75/105
Major support- 102.70/101.60.
EURUSD-
EURUSD pared some of its gains ahead of ECB monetary policy. German flash manufacturing PMI in Jan rose to 45.40, while services declined to 47.60 from 49.3. Any hawkish comments from ECB president Lagarde will push the Euro higher. Investors await the timing of the rate cut by the central bank.
Major resistance-1.09065,1.1000
Major support- 1.0860,1.0800
Yen-
The yen gained sharply after BOJ's hawkish tilt. Markets eye US durable goods orders and Jobless claims for further direction. Any close above 148.80 confirms further bullishness.
Major Resistance- 148.80,150
Major support- 146.50,145
Canadian Dollar
The Canadian dollar lost its shine after the Bank of Canada's monetary policy. It has kept its rates unchanged at 5% and dovish comments from the BOC governor have pushed the pair above 1.350.
Resistance- 1.3550,1.3600
Major support- 1.3430,1.3380
Jan 25th, 2024, ECB monetary policy statement (1:15 pm GMT)
Advance US GDP q/q, US durable goods order (1:30 pm GMT)
