Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
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 
Urban studies: Doing research when every city is different 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
The US dollar index gained momentum after upbeat US durable goods orders. It hit a high of 104.42 yesterday and is currently trading around 104.35.
US durable goods orders rose by 1.4% in Feb, compared to a forecast of 1.1%. Core Durable goods orders excluding transportation increased by 0.50% vs. an estimate of 0.40%.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in June % decreased to 58.30% from 63.70% a day ago.
The US 10-year yields declined more than 1% after mixed US economic data. The US 10 and 2-year spread narrowed to -35.5% from -53%.
Major resistance- 104.50/106
Major support- 103.40/102.70
EURUSD-
EURUSD showed a minor sell-off despite mixed US data. Richmond Fed manufacturing activity declined to -11 in Mar, below the estimate of -5. US conference board consumer confidence dropped to 104.70 in Mar (three months low) vs. an Estimate of 106.90. Eurozone economic data today
Mar 26th, 2024, Spanish flash CPI y/y (8 am GMT)
Major resistance-1.0880,1.0950
Major support- 1.0800,1.0760
Yen-
The pair hits a fresh multi-month high after BOJ's dovish commentary. Any break above 152 confirms minor bullishness.
Major Resistance- 152,153
Major support- 150,149
Canadian Dollar
The Canadian dollar trades weak on board-based US dollar buying.
Resistance- 1.3620,1.3660
Major support- 1.3550,1.3500
