Metal Markets Report For Monday, June 1

Geopolitical tensions in the Strait of Hormuz are rattling energy and stock markets as diplomatic friction between Iran and the U.S. intensifies. Investors await key JOLTS and retail data while navigating recent market volatility.

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Source: DepositPhotos

Ira Epstein discusses the geopolitical tensions involving Iran's closure of the Strait of Hormuz and the subsequent diplomatic communications between Iran and the United States, with President Trump and Israel also playing roles. He notes the impact on the stock and energy markets, suggesting that recent market corrections have been temporary.

Epstein previews upcoming economic data releases, including the Redbook Retail Sales and JOLTS report, while mentioning the market's focus on new IPOs.

Video Length: 00:08:15

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