- President Donald Trump promotes a high fire between Iran and Israel on Tuesday.
- The Futures of Variable of the United States rise but go back moderately after a high unstable fire.
- Oil is negotiated downwardly while markets predict the end of Israel-Iran conflict.
- The market approach addresses Powell’s testimony to Congress.
The US president Donald Trump promoted a high fire between Israel and Iran on Monday night, that the markets hope that it will be implemented on Tuesday despite the fact that missile bombings continued in the following hours. Trump seemed to admit that both parties were in danger of undermining the agreement to end the so -called 12 -day war, but again confirmed that the high fire was in force on Tuesday morning.
President Truth account of President Trump June 24, 2025
The Variable rental market rose more than 1% on Tuesday morning before moderating that recovery after the news that certain hostilities could continue on Tuesday. Israel said he had destroyed one of Iran’s radar systems after an Iranian missile bombardment. But WTI oil fell another 3.8% to $ 65.90 after starting the week above $ 73.00, another good news For the US economy.
Attention now focuses on the testimony before the Congress of the President of the Federal Reserve (Fed) Jerome Powell. Powell is expected to face questions about why he has not favored the reduction of interest rates so far this year, particularly of the Republicans. President Trump published an attack against Powell during the night on his social truth platform.
President Truth account of President Trump June 24, 2025
Powell, of course, is cautious with Trump’s tariff policies that cause inflation and wants to wait until the central bank is sure that the inflationary pressure is temporary. But recent reports of remarkably lower inflation have brought two Fed governors to ask for cuts as soon as in the July meeting, something that Powell will surely have to answer in his testimony before Congress.
1 minute graph of future Nasdaq 100, S&P 500, Dow Jones
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
