Economic & Market Watch

In the News

Economy

• U.S. investors are focused on a busy week of economic data, highlighted by Thursday’s June employment report, which is expected to shape expectations for the Federal Reserve’s next interest rate decision.
• Treasury yields were little changed Monday morning following multiple sessions of declines as investors looked ahead to the employment report while monitoring a fragile pause of military exchanges between the U.S. and Iran.

Markets

• West Texas Intermediate crude oil futures traded around $70/barrel Monday morning, rising about 1% from the previous trading session as renewed U.S.-Iran military exchanges over the weekend increased concerns about potential supply disruptions.
• U.S. equities opened the week higher, with technology stocks recovering following a challenging week. Last week, Wall Street experienced mixed performance and a sector rotation away from technology and toward other segments.

Current Events

• The U.S. and Iran resumed diplomatic efforts after exchanging military strikes over the weekend, with markets closely monitoring negotiations because of their potential impact on global energy supplies and regional stability.
• Freight shipping costs have climbed to their highest level since the Red Sea crisis two years ago, as businesses rush to build up inventories ahead of a new wave of U.S. tariffs.

Meet the Team

CFC's economic research team—John Suter, Sam Kem and Antony Davies—share their expert, yet easily digestible, perspective on what you need to know.

Have feedback about the podcast? A topic you'd like the EMW team to cover? Get in touch at economicresearch@nrucfc.coop.

Source: U.S. Energy Information Administration, Trading Economics