Ira Epstein discusses the recent volatility in the metal markets, attributing the fluctuations to geopolitical tensions between Israel and Iran, which briefly escalated before reaching a ceasefire. He notes that despite a temporary peace, the metal markets, particularly platinum, have been under pressure, with gold prices showing a bearish pattern. Epstein also touches on broader market movements, including a stock market downturn and lackluster energy market responses despite geopolitical events. Additionally, he previews upcoming economic data releases, such as the U.S. trade balance and retail sales figures, and comments on the negative market reaction to Apple’s conference.
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