Wall Street has closed with falls this Thursday (Dow Jones: -0.37%; S&P500: -0.33%; Nasdaq: -0.53%) while Donald Trump intensifies its tariff war. The president announced on Wednesday 25% rates to cars not manufactured in the United States, and later threatened Canada and the EU «With large -scale rates» and much larger than planned if you all «damage». In this context, the negative feeling of investors to variable income markets increases, since the Trump's commercial aggressiveness It does not seem to have limits. This, according to Ipek Ozkardeskaya, Swissquote Bank analyst, «raises volatility and possibilities of a deeper bearish correction«Of the American indices. The tariffs announced by Trump have affected the manufacturers of Asian and European cars, but also to the American manufacturers. For example, General Motors has sunk 7.36%, while Ford motor 3.79%has been left. And the president of the Fed of Saint Louis, Alberto Musalem, has indicated that increase risks for inflationwith a temporary direct effect (at once), but Second round effects on goods and services not imported that could be more durable.
Days of the day
On the economic agenda, the Final reading of the quarter quarterwhich has been reviewed lightly up to 2.4%, and weekly unemployment datathat have been under expected. The most important reference will be the February inflation datathe Fed preferred indicator, which will be published on Friday. In January, this metric reached 2.5%, and it is expected to remain at that level, while the underlying rate, which excludes food and energy, could be accelerated from 2.6%to 2.7%.
Technical analysis of the S&P 500
«Be careful with the technical aspect of the S&P 500 Despite the increases in the latest sessions, «says César Nuez, an analyst of 'BitcoinDynamic'.» The index could be bouncing with the sole purpose of shaping a Pull Back at the average of 200 sessions. This figure is bassist continuation, so we will be very aware of their behavior in the support of the 5,504 pointsannual minimum, «he adds.» We will not see a sign of strength as long as 5,773 pointsprices where the average of 200 sessions is located, «concludes this expert.
Other markets
In other markets, oil Brent It has risen 0.26% ($ 73.98). For its part, the euro 0.39% ($ 1,0794), and the ounce of gold has rebounded 1.54% ($ 3,069). In addition, the 10 -year American Bonus Profitability has advanced at 4,365% and the Bitcoin has added 0.82% ($ 87,059).
