Geopolitics and macroeconomic data drive the markets.

Donald Trump announced a meeting with generals regarding Iran, which has caused concern in the markets. Iran has announced the deployment of deep-sea submarines in the Strait of Hormuz, which may affect oil supplies. Such actions raise geopolitical risk, which can impact energy commodity prices and increase volatility in the markets. Iran's actions and the U.S. stance will be crucial for the further development of the situation in the region.

Sales of existing homes in the USA came in slightly below forecasts, reaching 4.02 million compared to the expected 4.05 million. Despite this, the result is higher than the previously recorded 3.98 million, which may indicate some stabilization in the real estate market. The real estate market is an important indicator of the health of the US economy and may influence the Fed's decisions regarding future interest rate changes.

Chinese PPI index rose by 2.8% year-on-year, significantly exceeding forecasts of 1.8% and the previous result of 0.5%. This increase may signal inflationary pressure in the Chinese economy, which could affect global supply chains and commodity prices. Data from China is important for global investors, as the Chinese economy plays a key role in world production and trade.

Investors should pay attention to further geopolitical movements related to Iran, which may affect oil and commodity prices. Additionally, further macroeconomic data from the USA and China will be crucial for assessing the condition of the global economy and may influence the Fed's decisions next month.