Morning Flash Report For Monday, July 28
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In this video, Ira Epstein discusses recent developments in international trade, highlighting a new agreement between President Trump and EU President Ursula von der Leyen, which includes 15% tariffs with exceptions for pharmaceuticals, copper, steel, and aluminum, and a commitment from the EU to invest $600 billion in the U.S. He notes the impact on energy companies and the potential for increased U.S. product access to European markets.
Epstein also touches on ongoing trade negotiations with Mexico, Canada, India, and China, emphasizing the importance of these deals.
Additionally, he provides an overview of the financial markets, mentioning muted reactions in the Dow, Nasdaq, and metal markets, and highlights upcoming economic reports and meetings like the FOMC and jobs report as key factors to watch.
Video Length: 00:05:17
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