Ira Epstein discusses the current state of the metal markets, noting a decline in metals and stability in energy markets, while bond yields saw a slight rally. He highlights a significant drop in soybean oil and soybeans due to the postponed meeting between President Trump and President Xi, attributing the delay to ongoing geopolitical tensions. Epstein also addresses the situation in the Middle East, emphasizing Iran's disruptive actions and the international response. Additionally, he previews upcoming economic events, including the Federal Reserve's FOMC meeting and various economic reports, and mentions the conclusion of his promotional sale.