๐ด Current Highlights
๐ Escalating tensions in the Middle East and silence from financial markets
๐ As the war between Iran and Israel continues for the seventh day, attention is focused on Trump's suspended position, amid questions about the possibility of U.S. intervention.
๐ Financial markets appear to be largely unaffected, with gold prices stable.
๐ Meanwhile, the U.S. Federal Reserve is ignoring the current escalation and instead focusing on inflation caused by tariffs.
๐ท Powell stated: "Energy prices may rise... but the future of interest rates remains unclear."
๐ A decision on interest rates from the Bank of England is expected, along with U.S. markets closing in celebration of the emancipation anniversary.