#geopolitical-risks

#geopolitical-risks

June's Consumer Price Index (CPI) rose by 0.3% month-over-month and 2.7% year-over-year-higher than expected-while the Producer Price Index (PPI) unexpectedly stalled at 0.0%. These figures suggest that while price pressures remain on the consumer end, they may be easing on the production side.

The bombing of Iran's nuclear facilities has caught traders off guard, as financial markets showed unexpected calm due to uncertainties surrounding future retaliation and the timing of the strikes.

The S&P 500’s Q2 resurgence was fueled by expectations for Federal Reserve monetary easing and robust inflows into large-cap tech stocks amid easing U.S.-China trade tensions.

Oil prices have dipped to one-month lows as traders recalibrate their strategies in light of potential ceasefire talks and anticipated crude supply increases from OPEC+. The prospect of easing geopolitical tensions may further fuel bearish sentiment about future price movements, suggesting that even if prices stabilize, significant upward momentum lacks adequate support from bullish factors.

Gold prices have remained strong following yesterday's rally to record highs, amid increasing expectations for more monetary easing and declining consumer confidence in the U.S.