📰 Weekly Newsletter – Friday, June 27, 2025

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🌍 This Week’s Market Highlights

1. Geopolitical Developments
A confirmed Israel–Iran ceasefire reduced safe‑haven demand. Equities held steady while Treasury yields climbed slightly and gold pulled back from recent highs.

2. Fed & Inflation Signals
Mixed remarks from Powell and regional Fed officials signaled a cautious outlook. The lack of fresh rate-cut guidance kept the 10-year yield around 4.41%. Services and core inflation remain a key focus heading into Q3.

3. Tech & AI Momentum
Tech stocks outperformed across the board, driven by strong earnings and renewed investor confidence in AI, software, and semiconductor sectors.

4. Data Flow & Earnings
Retail sales and industrial production matched expectations, providing support to risk assets. Corporate earnings from major retailers and industrial players showed mixed results, suggesting a bifurcated market response to consumer trends and supply‑chain signals.

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🔭 What’s Ahead

• Upcoming Data: Watch the next inflation releases, including PCE and core CPI, for further insight into the Fed’s rate path.

• Earnings Pipeline: Key reports from tech, consumer discretionary, and industrial firms could shift sentiment in the coming week.

• Geopolitical Risks: Though calm has returned, any flare-ups could once again sway oil, gold, bond yields, and equities.

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Summary:
This week saw markets find balance amid easing geopolitical tensions and steady Fed rhetoric. Equities remained near all-time highs, bond yields stabilized, and gold priced in reduced safe-haven demand. The focus now turns to inflation data, tech earnings, and any potential geopolitical surprises.