Morning Brew June 20 2025

Good morning,

As the war between Israel and Iran enters the second week, Donald Trump suggested the US may need two further weeks to make a decision to enter the war in Iran or not

Oil fell on the news, Gold and Silver fell 3354 and 35.75, Platinum yesterday dropped after failing to tackle the 1350.

The USD Index is at 98.55, ten year yields unmoved at 4.39.

EURUSD is back above the 1.15 at 1.1525, GBPUSD 1.35 and USDJPY 145.33. The Swiss Franc is stable at 0.9408 against the Euro after the SNB cut rates to zero yesterday. This will be a tabloid topic the next days…

Indexes are a little lower than yesterday with app -03.%.

The expiries today re likely to be the main driver with little other scheduled announcements.

News on the trade negotiations may move markets at an point in time as we are approaching the deadlines fast, and of course the middle east need close watching. Markets seem too complacent.

Trade carefully.

Koen took a look at Intel strategies to generate income:

Why focus on Intel now?

• Share price at multi-year lows: Intel trades around $21.50 per share, making it more accessible than many big tech names.
• Major company events: Recent restructuring and upcoming July earnings create uncertainty in the stock price, which increases the option premiums you can collect.
• Accessible for beginners: You only need 100 shares (about €2,000) to get started—much less than stocks like Nvidia or Apple.

How to turn your Intel shares into an income machine - even in a tough market | Saxo