Geopolitical Shocks That Could Reshape Financial Markets in 2025 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Stock Futures Dip as Investors Await Key Payrolls Data 
The Indian rupee showed a minor pullback on board-based US dollar selling. It hit a high of 84.14 and is currently trading at 83.86.
The policy divergence between the US Fed and RBI put higher pressure on the US dollar.
US dollar index-
US dollar index was one of the worst performers in the past one and half months and lost more than 4% on easing US inflation.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 67.5% from 47% a week ago.
Markets eye FOMC meeting minutes and Fed Chairman Powell's speech at Jackson Hole Symposium.
Major Indian Economic data -
India CPI (Jul) - 3.54% (lowest level in 59 years)
Food inflation- 5.42% Y/Y (the lowest level since Jul 2023)
India’s Industrial Production - 5.2% ( Apr to June) and 4.2% (June 2024)
Technicals-
Major resistance- 84.25
Near-term resistance - 84
Minor support- 83.60, 83.25
Trend reversal level- 83
