SPDR ETF Report For Tuesday, July 8

Image Source: Pixabay
In this video, Ira Epstein discusses the recent developments in international trade relations, highlighting the U.S. President's interactions with the European Union, Japan, and South Korea, and the implications of potential tariffs on BRICS members. He explains the impact of a significant 50% tariff on copper, noting the surge in copper prices and the potential need for more smelters to meet demand.
Epstein also previews upcoming economic data releases, such as the Mortgage Bankers Association report and the Fed minutes, and speculates on future tariff announcements.
Additionally, he provides insights into stock market movements, including gains and losses in companies like Uber, Boeing, and Tesla, within a mixed market environment.
Video Length: 00:13:48
More By This Author:
Financial Markets Report For Tuesday, July 8Morning Flash Report For Tuesday, July 8
Metal Markets Report For Monday, July 7