Global Markets React to Strong U.S. Jobs Data and Rising Yields 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Stock Futures Dip as Investors Await Key Payrolls Data 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Wall Street Analysts Weigh in on Latest NFP Data 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Urban studies: Doing research when every city is different 
The US dollar index trades flat as Middle East tension eases. It hit a high of 106.39 yesterday and is currently trading around 106.10.
According to the CME Fed watch tool, the probability of a no-rate cut in June increased to 84.80% from 78.70% a week ago.
Major resistance- 106.50/107
Major support- 105.35/104.45
Economic data for the day
Apr 23rd, 2024, US flash manufacturing PMI (1:45 pm GMT)
US flash services PMI
New home sales, Richmond Manufacturing index (2 pm GMT)
EURUSD-
EURUSD holds above 1.0650 ahead of a fully packed Eurozone economic data.
Eurozone economic calendar this week
Apr 23rd, 2024, German flash manufacturing and services PMI (7:30 am GMT)
EUR flash Manufacturing PMI (8:00 am GMT)
Major resistance-1.0700,1.0760
Major support- 1.0600,1.0500
Yen-
The pair showed a minor sell-off in hopes of a Japanese government intervention in forex markets. Any break above 155 confirms minor bullishness.
Major Resistance- 155,156
Major support- 154.20,153.50
Canadian Dollar
The Canadian dollar gained momentum as Middle East tension eased. Any break below 1.3660 confirms further bearishness
Resistance- 1.3765,1.3850
Major support- 1.3660,1.3600
