Image Source: Unsplash

In this video, Ira Epstein covers a range of topics in his Morning Flash Update for June 16, 2025. He discusses the disappointing New York Empire State Manufacturing Survey results, highlighting a significant decline in the New Orders Index and surprising employment figures.

Epstein also addresses geopolitical tensions between Israel and Iran, noting the delicate balance involving oil infrastructure and the Strait of Hormuz.

Additionally, he mentions the ongoing G7 meetings and the impact on oil prices, with both Brent and WTI experiencing sharp drops. He concludes with observations on the soybean oil market's rise due to U.S. policy proposals and the current state of the dollar as markets transition from June to September trading.

Video Length: 00:04:33

More By This Author:

Metal Markets Report For Friday, June 13
Financial Markets Report For Friday, June 13
Financial Markets Report For Thursday, June 12