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US Strikes Iran; Metals Drop on News

Ira Epstein discusses the turmoil in the metal markets, highlighting significant declines due to geopolitical tensions and inflation concerns. He details the impact of the U.S.'s military actions against Iran, noting how these events are influencing market dynamics, including higher interest rates and a stronger dollar. Epstein also touches on the anticipated economic indicators, such as the producer price index and jobless claims, and their potential inflationary effects. Additionally, he mentions Oracle's financial performance and its implications on the stock market, while briefly noting changes in bond and note trading.

 

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