Mideast events will shape Fed week
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 15 June 2025
⏱️ 5 minutes
🧾️ Download transcript
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Episode transcripts: seekingalpha.com/wsb
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this week's |
| 0:09.9 | market-moving events, along with the weekend's top news and analysis. |
| 0:14.3 | Hello, today is Sunday, June 15th, and I'm your host, Kim Khan. |
| 0:18.5 | Wall Street will find itself in the grasp of geopolitics in a holiday shortened week that also features the Fed. |
| 0:24.1 | The markets will be closed on Thursday for the Juneteenth federal holiday. |
| 0:27.9 | The escalating conflict between Israel and Iran will hold sway over an edgy market. |
| 0:32.5 | Over the weekend, Israel said it was striking military targets in Tehran and advised Iranians to evacuate weapons |
| 0:38.3 | factories. Iran also launched more missiles against Israel. President Donald Trump posted on |
| 0:43.7 | truth social that there will be peace between Israel and Iran soon as he shepherds a deal, |
| 0:48.6 | referencing a deal between India and Pakistan that he says was made using trade with the U.S. |
| 0:53.6 | Likewise, we will have peace soon between Israel and Iran. |
| 0:57.4 | Many calls and meetings now taking place, he said. |
| 1:00.4 | In addition, Trump told ABC News that it's possible we could get involved in the conflict |
| 1:05.4 | and said he would be open to Russian President Vladimir Putin being a mediator in the conflict. |
| 1:11.8 | He is ready. He call me about it. We had a long talk about it, Trump said. For equities, there is scope for |
| 1:16.7 | cautious optimism for bulls after stocks in Israel ended higher on Sunday. The TA 35 rose half a |
| 1:22.5 | percent. But the spotlight will be on oil after its biggest rise in three years on Friday. |
| 1:27.9 | Apollo chief economist Torsten Slocke says, |
| 1:30.5 | according to the Fed's model of the U.S. economy, |
| 1:32.9 | a sustained $10 increase in oil prices is expected to increase inflation by 0.4% |
| 1:38.5 | and lower GDP by 0.4%. |
| 1:41.1 | WTI crude is currently up more than $10 from its lows at the end of May. In short, |
... |
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