Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Urban studies: Doing research when every city is different 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
China's Refining Industry Faces Major Shakeup Amid Challenges 
US dollar Index-
The US dollar index pared some of its gains on soft PCE data. It hit a low of 105.54 and is currently trading around 105.61.
US core and headline Personal Consumption Expenditure (PCE) cools down to 2.6% YoY in May, down from 2.7% in Apr. The easing PCE increased the chance of a rate cut by the Fed in Sep.
Markets eye US ISM manufacturing PMI (Mon 2 pm GMT), Fed chairman Powell speech (Tuesday 1:30 PM GMT), US ADP employment (Wed,12:15 pm GMT), US ISM services PMI (2 pm GMT), FOMC meeting minutes (6 pm GMT), US NFP (12:30 pm GMT).
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep decreased to 59.50% from 57% a week ago.
Major resistance- 106.20/107
Major support- 105.20/104.45
EURUSD-
EURUSD gained momentum after easing US core PCE. It hit a high of 1.07616 and is currently trading around 1.07543.
Major eurozone economic data this week
German final manufacturing PMI(Mon), Eurozone core CPI (Tuesday), German factory orders (Thursday).
Major resistance-1.0800,1.0865
Major support- 1.0700,1.0660
Yen-
The pair traded higher on policy divergence between the US Fed and BOJ. Any close above 161.30 confirms further bullishness.
Major Resistance- 162,163
Major support- 159.80,15
Canadian Dollar
The pair showed a minor sell-off after a strong Canadian GDP. The economy expanded by 0.30% in April, per the estimate. Any break below 1.3600 confirms further bearishness.
Resistance- 1.3730, 1.3800
Major support- 1.3600,1.3535
