Today’s episode covers the latest FX, commodities, trade, and geopolitics:
- FX: Dollar regains strength after Fed turmoil; euro pressured by French politics and weak German sentiment; yen steady near 148; Aussie fades post-CPI bounce.
- Commodities: Oil slips as Trump predicts prices below $60 and Goldman sees Brent in low $50s by 2026; U.S. crude draw smaller than expected. Gold holds near $3,375/oz, copper drifts lower.
- Trade/Tariffs: Japan to discuss investment with U.S.; Spain defends digital services tax; EU prepares emergency support for aluminium industry; U.S.–EU tariff tensions remain.
- Geopolitics:
- Middle East: Trump to chair White House meeting on Gaza; Iran warns over nuclear snapback mechanism; IAEA chief under heightened security.
- Russia–Ukraine: Talks remain tense with negative signals from Moscow; U.S. envoy meets Ukrainians in New York.
What is The Financial Source Podcast?
Your daily dose of sentiment updates in the European and US sessions and critical risk event previews so you stay up to date with what's moving the market right now.