Metal Markets Report For Tuesday, July 1
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In this video, Ira Epstein discusses the current state of the metals market and highlights the impact of upcoming economic data releases, including the Mortgage Bankers Association numbers and the Challenger Group's job cuts report. He notes the surprise in the JOLTS report, indicating more available jobs than expected, and anticipates the ADP private sector jobs net change.
Epstein also mentions the Senate's passage of a tax spending bill, its potential effects on the stock market, and the occurrence of a golden cross in the S&P 100 index.
Video Length: 00:09:17
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