Wall Street has closed with a mixed sign (Dow Jones: -0.08%; S&P500: -0.01%; Nasdaq:+0.03%) this Monday at the beginning of a week that will be marked by the Jackson Hole symposiumthe Annual Central Banqueros Meeting promoted by the Kansas City Federal Reserve that will take place from August 21 to 23, and in which the Fed President, Jerome Powellhe will talk about monetary policy. «While the official issue is labor markets, Investors will examine any indication of the September policy managementespecially after the mixed inflation data of last week: the CPI showed limited price pressures, but the production price index surprised upwards, «explains Ipek Ozkardeskaya, Swissquote Bank's senior analyst. The markets expectwith an 85% probability, according to the Fedwatch of CME, which the US Central Bank Cut the types at 25 basic points at its September meeting. «With his mandate as president ending in May and the performance of the Fed under the attack by the Trump administration, Powell can see the Jackson Hole event as his last or, at least, his best opportunity to cement his legacy and defend the independence of the Central Bank, «says the market analyst, Manuel Pinto. In fact, this strategist considers that Powell's biggest challenge will be transmit a relatively clear message about the perspective of monetary policygiven the divisions in the Fed on the next movement of interest rates. «In any case If the Fed cuts types it is because it considers that the effects of tariffs will be limited or transitory So once you start the type cuts, it has no excuse for not continuing to cut them in all meetings here at the end of the year, which for us will be an error for the future. We believe that the shares could fall strongly in case the Fed gives certain moderate signals in Jackson Hole, since investors 'buy with the rumor and sell with the news' «he adds.
Meeting between Trump and Zelenski
The other focus of investors has been on Monday at the meeting held by the president of the United States, Donald Trumpand its Ukrainian counterpart, Volodimir Zelenskiwho has arrived in Washington wrapped by several European leaders. This meeting occurs after the Summit between Trump and Putin in Alaska which concluded without a high fire agreement in Ukraine. The two presidents appeared before the press at the White House just before the official meeting, and Trump said that if «everything goes well» in the negotiations, He hopes to organize a three -band meeting with Putin and Zelenski.
«I think there will be a reasonable possibility of ending war when we do it«He explained before the journalists. In addition, the US president has confirmed that will call Putin once the visit has been completed from Zelenski to inform you about the meeting. «I just spoke indirectly with President Putin, and We will have a phone call just after these meetings today«He stressed.
Companies and other markets
On the business level, the week will have retail ones as protagonists like Home Depot, Lowe's or Walmartwhich will account for the market with results that will allow evaluating the health of the US consumer. In other markets, oil West Texas has risen 0.81% ($ 63.31) and Brent It has advanced 1.02% ($ 66.53). For its part, the euro 0.25% ($ 1,1667), and the ounce of gold has lost 0.16% ($ 3,377). In addition, the 10 -year American Bonus Profitability has rebounded 4,341% and the Bitcoin 1.18% has been left ($ 116,292).
