WEEK OF JANUARY 13, 2025
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Important Prices

What’s Moving The Markets?

Banks Kick Off Earnings Season
JPMorgan, Wells Fargo, Citigroup and other major banks report Q4 earnings, providing the first glimpse of 2025 financial sector outlook amid a changing rate environment.

Fed Minutes Show Trump Policy Concerns
Federal Reserve officials signal cautious approach to rate cuts, citing inflation worries and uncertainty around President-elect Trump’s proposed immigration and trade policies, according to December meeting minutes.

China Inflation Data Fuels Deflation Concerns
Chinese consumer prices edge up just 0.1% in December while producer prices fall for the 27th straight month, dropping 2.3% year-over-year, intensifying concerns about persistent deflationary pressures in the world’s second-largest economy.

Microsoft Overtakes Apple as World's Most Valuable Company
Microsoft surpasses Apple in market value following Redburn’s Apple downgrade and positive reception to Microsoft’s AI event, highlighting the growing divide between AI leadership and traditional tech dominance.

Tesla Unveils Model Y Refresh Amid Sales Decline
Tesla announces first major Model Y redesign for Asian markets following its first-ever annual delivery decline, while Musk reveals plans to integrate Grok AI assistant into Tesla vehicles, marking a significant push into automotive AI integration.

Apple Faces $1.83B UK App Store Lawsuit
UK court begins hearing class action lawsuit challenging Apple’s 30% App Store commission as illegal monopoly, representing nearly 20 million UK users seeking damages in the landmark case filed in 2021.
S&P Outlook

Bear Case: Bears are closely monitoring the supply zone at 6117, prepared to defend it vigorously if the price approaches. This zone is significant due to the potential of trapped longs seeking exits, which could aid bears in driving the price downward. Successfully controlling this level could enhance bears’ influence in the market and affirm their dominance.
Bull Case: Bulls are currently positioned between significant levels, maintaining control above the 5842 demand zone. To seize further upward momentum, they need to break through and consistently hold above 6117. Should the market retrace, the ability to defend the 5842 level will be crucial for maintaining bullish control and setting the stage for potential recoveries.
EARNINGS RELEASE CALENDAR
FOR WEEK OF JANUARY 13th

Economic Data Calendar
