Morning Flash Report For Thursday, June 26
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In this video, Ira Epstein discusses the latest economic indicators in his morning flash update for June 26, 2025. He covers the Chicago Federal Reserve's May National Activity Index, which showed a slight improvement but remains negative, and notes that the U.S. first-quarter GDP numbers were worse than expected.
Epstein highlights the stronger-than-expected final advanced chain-weighted price index and core PCE, while personal consumption figures fell short of preliminary estimates. He notes a significant rise in U.S. advanced durable goods orders, which may have bolstered the market, and mentions a decrease in jobless claims alongside an increase in continuing claims.
Epstein also comments on the performance of gold, silver, the dollar index, and energy markets, suggesting a potential future Fed rate cut.
Video Length: 00:03:53
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