2025 Market Outlook: Key January Events to Watch 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Stock Futures Dip as Investors Await Key Payrolls Data 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Wall Street Analysts Weigh in on Latest NFP Data 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
US dollar Index-
The US dollar index trades weak ahead of US Nonfarm payrolls. It hit a low of 104.97 and is currently trading around 104.99.
The US economy is expected to add 191000 jobs in June from the previous month 272000. Unemployment rate to tick up 6.3% from 6.2%. Average hourly earnings are expected to drop to 0.30% in June from 0.40%.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 66.50% from 57.90% a week ago.
Major resistance- 106.20/107
Major support- 105.20/104.45
EURUSD-
EURUSD holds higher ahead of EU retail sales and US NFP data. It hit a high of 1.08246 and is currently trading around 1.08195.
German factory orders dropped to 1.6% m/m in May, below the estimate of 0.50%
Major resistance-1.0865,1.0900
Major support- 1.0760,1.0700
Yen-
The pair showed a minor sell-off on Japanese Fx intervention fear. Any close above 162 confirms further bullishness.
Major Resistance- 162,163
Major support- 159.80,15
Canadian Dollar
The pair trades flat ahead of Canadian employment data. Any break below 1.3600 confirms further bearishness.
Resistance- 1.3660, 1.3725
Major support- 1.3600,1.3535
