Wall Street has closed with soft sales (Dow Jones: -0.29%; S&P500: -0.07%; Nasdaq:+0.00%) This Friday after earnings Thursday, in a pending market of commercial negotiations After the agreement between United States and United Kingdomand before the beginning of the Conversations with China. In the weekly computation, New York indices have finished a week of moderate saleswith 0.47% drops for S&P 500 and 0.27% in the case of Nasdaq, while Dow Jones has left 0.16%. «Not only we have a new Pope This week, but we also have the First Agreement in the Commercial War Trump Global, between the United Kingdom and the United States. Trump's enthusiastic announcement, with many capital letters, contributed to inflate the feeling, making this agreement between the United States and the United Kingdom seem larger than it really is, «Valuo Ipek Ozkardeskaya, a senior analyst of Swissquote Bank. In this sense, the expert details that» the fact that the two countries could agree on some points is a good start, but The United Kingdom entered the negotiations with a 10% tariff rate and left the table with … a 10% tariff rate. Of course, cars on cars were reduced from 27.5% to 10%. » «It does not provide much tariff relief»they emphasize that it has led investors to consider «that this It can be the first of a series of agreements that will reduce the general tariff levels and, therefore, will limit the impact that on global growth and inflation threatens to have the aggressive and erratic commercial policy of the new US administration. «Now, all eyes are put on the First face -to -face meeting between senior US and Chinese officials In Geneva, Switzerland, this weekend to discuss tariffs. In this sense, Trump has assured that «An 80% tariff to China seems correct«. Facing the future, he stressed that» many commercial meetings «are close to getting officials.»The objective is not to seal a commercial agreement -That will probably take months, if not years-, but reduce tension Between both countries. And who knows, maybe they agree to pause the tariffs while the negotiations continue. Impossible to know, «says Ozkardeskaya.
The Fed, the other great protagonist
The Federal Reserve (Fed) It has been the other great protagonist of the week. The American Central Bank decided at its last monetary policy meeting keep the types without changeswhile warning about the risk of stagflation and its president, Jerome Powellhe reiterated that They are not in a hurry to return to the path of cuts. This has caused the Trump's angerwhich has referred to the head of the agency as a «Fool that has no idea». However, experts believe that rates drops will not reach approximately the second half of the year. «In an environment in which tariffs can lead to greater inflation, while reducing economic activity, the dilemma is evident. Before the doubt, The Fed will not lower the types, unless the economic deceleration is evident«David Macià, Investment Director and Creand market strategy, says.
NASDAQ 100 technical analysis
After the last increases, the Nasdaq 100 has approached the key resistance of the 20,292 points. «In these prices is the average of 200 sessions And his behavior here is key, «explains César Nuez, technical analyst of 'BitcoinDynamic'.» If he manages to overcome them, the bassist bias which currently permeates the index and would look at interest again of all the time I drawd, at the end of February, at 22,222 points, «he adds. Below, the First support level is found in 19,000 pointsminimum of April 30. «We will not see a sign of weakness In your daily pricing series while staying contributing above this price level, »
Other markets
In other markets, oil West Texas has risen 1.79% ($ 60.98) and Brent has advanced 1.67% ($ 63.88). For its part, the euro 0.22% ($ 1,1252) has been appreciated, and ounce of gold has won 0.82% ($ 335). In addition, the 10 -year American Bonus Profitability It has revalued 4,382% and the Bitcoin has added 1.88% ($ 103,128).