Urban studies: Doing research when every city is different 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Stock Futures Dip as Investors Await Key Payrolls Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
2025 Market Outlook: Key January Events to Watch 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
US dollar Index-
The US dollar index showed a minor sell-off due to profit booking. It hit a low of 105.37 and is currently trading around 105.424.
Markets eye US economic data and Fed official's speech for further direction
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 61.10% from 56.70% a week ago.
US economic data for the day
S&P/CS composite -20 HPI y/y (1 pm GMT)
US CB Consumer Confidence (2 pm GMT)
Major resistance- 106/107
Major support- 103.80/103
EURUSD-
EURUSD has been trading in a narrow range between 1.0660 and 1.07650 for the past two days. It hit a low of 1.06705 and is currently trading around 1.07372.
Dallas Fed manufacturing Business index improved to -15.10 in June from -19.40.
Major resistance-1.0760,1.0835
Major support- 1.0650,1.0600
Yen-
The yen gained slightly after verbal intervention by Japan’s Hayashi. Any close above 160.20 confirms further bullishness.
Major Resistance- 160.20,162
Major support- 158,156
Canadian Dollar
The Canadian dollar gained momentum ahead of the Canadian CPI. Any break below 1.3600 confirms further bullishness.
Resistance- 1.3730, 1.3800
Major support- 1.3660,1.3600
