Morning Chatter

 

Market Commentary :
US indexes closed higher, but futures declined ahead of critical CPI data and bank earnings. European markets remain positive despite geopolitical tensions in Iran and mounting political pressure on Fed Chair Jerome Powell.

Oil prices are rising because of the situation in Iran and Venezuela. Meanwhile, gold and silver prices reached record highs on Monday. Investors are buying these "safe" assets because they are worried about a criminal investigation into Jerome Powell (the head of the Federal Reserve).

Regional markets opened higher, largely discounting geopolitical friction. JCI Performance: The index closed down 0.58% at 8,884.72. Key Watchlist: Investors are pivoting toward upcoming domestic data on loan growth followed by the central bank's interest rate decision and money supply figures.

Regards,
KBVS Research Team

 

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