Energy Sector Outlook 2025: AI's Role and Market Dynamics 
2025 Market Outlook: Key January Events to Watch 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Stock Futures Dip as Investors Await Key Payrolls Data 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Urban studies: Doing research when every city is different 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
US dollar Index-
The US dollar index rebounded more than 50 pip amid weak inflation data. It hit a high of 105.80 yesterday and is currently trading around 105.52.
The weak US inflation data increases the chance of a rate cut by the Fed in Sep.US CPI came unchanged in May, the first time since Jul 2022. Core CPI rose mildly to 0.20%, the smallest monthly increase since Aug 2021. Producer Price Index in the US rose 2.2% YoY in May, below the estimate of 2.5%.US PPI for final demand declined -0.20%m/m in May, below expectations of 0.20%.
The number of people who have filed for unemployment benefits rose by 13000 to 242k in the week ending June 8th, above expectations of 242K.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 61.10% from 46.60% a week ago.
Major resistance- 105.50/107
Major support- 103.80/103
Major US economic data
Jun 17th, 2024, US Empire State Manufacturing Index (12:30 pm GMT)
June 18th, 2024, US retail sales (12:30 pm GMT)
June 20th, 2024, Philly Fed Manufacturing Index and Building permits (12:30 pm GMT)
June 21st, 2024, US flash manufacturing PMI (1:45 pm GMT)
EURUSD-
EURUSD is trading weak due to France's political uncertainty. It hit a low of 1.06675 and is currently trading around 1.07032.
French President Emmanuel Macron announced to dissolution of the parliament after landslide victory by far right's landslide victory in European elections.
Major European economic data
German and French Flash manufacturing PMI (7:30 am GMT)
Major resistance-1.0800,1.0865
Major support- 1.0650,1.0600
Yen-
The yen continues to trade weak as BOJ has kept its rates unchanged at 0%. rates unchanged. BOJ said it would taper its huge bond-buying purchases. Any break above 158 confirms further bullishness.
Major Resistance- 158,160
Major support- 156,154.50
Canadian Dollar
The Canadian dollar pared its gains after dovish comments from BOC Gov Macklem. Any break above 1.3800 confirms further bullishness.
Resistance- 1.3800, 1.3900
Major support- 1.3700,1.3600
