Wall Street Analysts Weigh in on Latest NFP Data 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Stock Futures Dip as Investors Await Key Payrolls Data 
The US dollar index pared some of its gains ahead of US durable goods orders. It hit a high of 104.47 yesterday and is currently trading around 104.21.
Sales of New US homes declined unexpectedly in Feb to 662000 units compared to a forecast of 675k.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in June % increased to 64.2% from 50% a week ago.
The US 10-year yields halted their one-week bearish trend ahead of US economic data. The US 10 and 2-year spread narrowed to -34% from -53%.
Major resistance- 104.50/106
Major support- 103.40/102.70
EURUSD-
EURUSD trading in a narrow range of 1.08017 and 1.08456 in the past two days. Fed Atlanta President Raphael Bostic predicts only one rate cut this year. Eurozone economic data today
Mar 26th, 2024, German GfK consumer climate (7 am GMT)
Major resistance-1.0880,1.0950
Major support- 1.0800,1.0760
Yen-
The pair showed a minor decline as the market feared Japanese authorities' intervention in th Fx markets. Any break above 152 confirms minor bullishness.
Major Resistance- 152,153
Major support- 150,149
Canadian Dollar
The Canadian dollar recovered slightly on strong crude oil prices.
Resistance- 1.3620,1.3660
Major support- 1.3550,1.3500
