Wall Street has climbed this Wednesday (Dow Jones:+0.49%; S&P500:+0.61%; Nasdaq:+0.95%) in a market that remains attentive to the novelties in the Donald Trump's commercial policy. The US president continues to send letters to his commercial partners to announce the New tariffs that will come into force next August 1. Besides, Nvidia has been the protagonist When reaching 4 billion market capitalization, and has led Nasdaq to renew its historical maximums. This Wednesday, Trump He has addressed the Philippines, Brunéi, Moldova, Algeria, Iraq and Libya, After sending letters in recent days to Japan, South Korea, Malaysia, Kazakhstan, South Africa, Laos, Myanmar, Bosnia and Herzegovina, Tunisia, Indonesia, Bangladesh, Serbia, Cambodia and Thailand. «We have one accumulation of Trump/US letters aimed at a Indeterminate number of countries imposing tariffs of the most diverse (up to 60%/70%), as well as About sectors (pharmas up to 200%) and raw materials (It seems that copper will suffer 50%, equating aluminum and steel) «, value from Bankinter. With everything, these experts underline that, in reality, a part of the new tariffs are known at this time only by Trump statements and not by documents.» Skepticism for exhaustion over tariffs Get anything reliable, not too bad, nor good. «» This New belligerent attitude of Trump It can be directly related to the criticisms you have been receiving, and that, apparently, they hurt your pride, that you always throw back after raising maximalist measures. However, for the reason to be, the truth is that Its way of acting is generating a lot of instability at the global levelbeing quite negative also for the economy of their own country, «they say in Link Securities. In short, for Ipek Ozkardeskaya, Swissquote Bank's senior analyst,»Trump is sowing the seeds of greater inflation and greater debt. To keep the debt/GDP ratio under control, the US would need to register solid growth, which could be unrealistic. The consumer expense, an important engine of the US economy, already shows signs of tension, and the reactivation of industrial production (the new American dream) may not compensate for scarcity so quickly. «In fact, the strategist gives as an example that the first hours of the prime day of Amazon have been 14% lower than a year ago.»Many sellers warned that they could not offer significant discounts due to tariff pressuresexcept Amazon's own products, which could be dispatched the shelves at attractive prices for the last time, as accumulated inventories in anticipation of the crisis begin to decrease. »
The Fed Proceedings
The other market attention point has been the publication of Fed Minuteswhich have been released on Wednesday after the president of the Central Bank, Jerome Powellanticipate the return of interest rates before the end of the year. And the document reinforces this possibility, since it shows that A «majority» of the bankers is in favor of resuming the cuts in interest rates in the remainder of the year.
«Most participants evaluated that It would probably be appropriate for some reduction in the objective range of the federal fund rate this yearpointing out that the bullish pressure on inflation caused by tariffs could be temporary or moderate, that the medium and long -term inflation expectations had remained well anchored, or that some weakening of economic activity and labor market conditions could occur, «says the text.
Companies and other markets
On the business level, Nvidia has been the protagonist when reaching 4 billion market capitalization dollarsbecoming the first company in the world to reach this milestone. In other markets, oil West Texas has dropped 0.06% ($ 68.26) and Brent It has retreated 0.04% ($ 70.09). For its part, the euro 0.01% ($ 1,1722) has depreciated, and ounce of gold has won 0.23% ($ 3,324). In addition, the 10 -year American Bonus Profitability It has relaxed 4,342% and the Bitcoin has added 2.56% ($ 111,651).
