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Metals: Copper Market on Fire to the Upside

Ira Epstein discusses the upcoming meeting between Presidents Xi and Trump and its potential impact on the markets, emphasizing the significance of recent inflation data showing a consistent rise across various sectors like food and shelter. He notes the ongoing tensions in the Strait of Hormuz affecting oil supply chains and the implications of a recent appellate court decision upholding a 10% tariff, which could influence metal market rallies. Epstein also highlights upcoming economic indicators, such as the PPI numbers and petroleum stock reports, and mentions the potential appointment of Kevin Warsh as the next Fed chair. Additionally, he provides information on accessing trading indicators through his website.

 

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