Wall Street has climbed this Monday (Dow Jones:+0.20%; S&P500:+0.14%; Nasdaq:+0.27%) After Friday's losses, and after Donald Trump has announced 30% tariffs to the European Union (EU) and Mexico from next August 1. This, as investors prepare to face a week of results and intense macro agenda. «The big question is whether we are once again before a negotiation or if on the contrary they will be This threat is the definitive. We have seen it many times in the last weeks: customs ads followed by customs suspensions and exemptions, being a constant strip and loosen. We do not see why it should be different this time, «says the market analyst Manuel Pinto. Yes,»We are concerned that we can reach a situation in which the president is not negotiatingbut everyone thinks so. The more times the known as Taco Trade occurs, the more worries that the next deadline is really the definitive one, «he adds. With everything, the president of the European Commission, Ursula von der Leyenhas affirmed that the EU will keep in SUSPENSE THE RETALANCE MEASURES against US tariffs, with the aim of «Keep negotiating» with Trump to the new deadline imposed by the president. «Trump left the door open for more negotiations and some adjustments, but given the level of tariffs revealed since last week, It is worth asking if it is worth investing time and energy in negotiating with a government that seems to have lost courseor if it is better to look for other agreements with other nations. That is what Europeans are talking about now: to find new friends, «says Ipek Ozkardeskaya, Swissquote Bank's senior analyst. The markets continue to trust commercial agreements. «But we must not forget that crises occur when a long period of stability prevents investors from seeing risks that, in retrospect, are usually quite obvious. For now once we have spent a V recovery from the stock market we believe that in the coming months they could look more like a sign of square root,» says Pinto.
Inflation, Macro protagonist
From the macro point of view, the agenda of the next sessions will be marked by the Inflation data. Thus, the June CPI (Tuesday), for which a GENERAL RATE UP TO 2.7% from 2.4% of the previous month. For the underlying variable Two tenths are expected to advance, until 3%. «A weaker reading of the expectedadded to weaker economic activity data, It could generate speculation about an upcoming trim of interest rates by the Fed. However, a stronger reading could mean that a type cut of types is unlikely during this year. The markets currently estimate a probability of less than 7% of a 25 basic point cut in interest rates on July 30 and 71% in September, «says Pinto. Likewise, the production prices (Wednesday), Las Retail sales and the weekly unemployment requests (Thursday), and the expectations of inflation and consumer confidence of the Univeriness of Michigan (Friday).
Companies and other markets
In the business level, the Results season starts this Tuesday with the accounts of JP Morgan, Blackrock, Citigroup, Wells Fargo and Bny Mellon. On Wednesday the time for the confession of Morgan Stanley, Bank of America either Goldman Sachswhile Netflix will present your figures on Thursday. In other markets, oil West Texas has dropped 1.99% ($ 67.10) and Brent has retreated 1.49% ($ 69.31). For its part, the euro 0.19% ($ 1,1666), and the ounce of gold has lost 0.23% ($ 356). In addition, the 10 -year American Bonus Profitability has rebounded 4,426% and Bitcoin has added 0.59% ($ 119,935).
