Metal Markets Report For Monday, June 16
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In this video, Ira Epstein discusses the upcoming economic data releases, including import-export data, advanced retail sales, and Federal Reserve reports on industrial production and capacity utilization. He highlights the geopolitical tensions involving Iran and the G7's efforts to negotiate with President Trump regarding tariffs, emphasizing that the tariffs are unlikely to be stopped as they are crucial for funding the U.S. tax bill.
Epstein also covers the escalating situation with Iran, noting the deployment of a second U.S. carrier group to the Middle East and the ongoing issues surrounding Iran's uranium enrichment program.
Video Length: 00:12:37
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