Image Source: Pixabay

In this video, Ira Epstein discusses a significant day in the metal markets, highlighting the announcement of a ceasefire between Israel and Iran brokered by President Trump, which could potentially lead to a treaty. He covers various economic data releases, including the U.S. first quarter 2025 current account deficit, the Red Book Group sales figures, and the Richmond Fed's manufacturing index.

Epstein also notes Federal Reserve Chair Powell's upcoming monetary policy report presentation, which is expected to be contentious. In the commodities market, he observes movements in crude oil prices and the potential impact of the ceasefire on gasoline prices, while also analyzing the gold market's technical patterns and potential trends.

Video Length: 00:09:02

More By This Author: