Morning Flash Report For Wednesday, July 30
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In this video, Ira Epstein discusses a variety of market dynamics, including a mixed performance in the stock market, with a notable surge in the dollar and decline in the euro. He highlights the pressure on the gold and grain markets, attributing it to the favorable growing season.
Epstein also examines economic indicators such as the mortgage market index and job growth, noting a surprise increase in jobs and a 3% GDP growth that could influence the Federal Reserve's interest rate decisions.
Additionally, he touches on geopolitical developments, including a new 25% tariff on India and potential trade extensions with China, suggesting these factors will impact market conditions.
Video Length: 00:04:48
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