Wall Street It has shot this Thursday (Dow Jones:+7.87%; S&P500:+9.52%; Nasdaq:+12.16%)after the president of the United States, Donald Trump will announce a 90 -day break for tariffs. In the session, The Nasdaq has noted its greatest upload since 2001while Dow Jones has registered its greatest progress since March 2020. For its part, the S&P 500 has lived its best session in 17 years and the third best since World War II, only surpassed by two days in 2008. «Considering that more than 75 countries have summoned representatives of the United States, including the Treasury, Treasury Departments and the Office of the United States Commercial Representative (USTR) of commerce, commercial barriers, tariffs, manipulation of non -monetary currencies and tariff 90 -day pause and a substantial reduction of the reciprocal tariff during this period, of 10%, also with immediate effect«Trump published on his social network, Truthsocial. Who will not enjoy this pause is China, since, in the same message, Trump has assured that he will raise his tariff to 125% Due to the «lack of respect he has shown towards world markets.» All this occurs after China decided to apply 84% retaliation tariffs to the American country. China had already advanced that I was going to take Measures «resolved and forceful» to protect your own interests. «If the United States really wants to solve the problem through dialogue and negotiation, it must show an attitude of equality, respect and mutual benefit,» said the spokesman for the Ministry of Foreign Affairs, Lin Jian. The analysts of IG They say that «President Trump's announcement of a 90 -day break for all other countries, except China, has promoted the rise in actions in what could be considered The greatest rebound from Covid-19 «.
«It seems that the president has finally yielded at the pressure, although with his inimitable style he presents it as a generous gesture towards the world in response to the consultations of other countries with Washington to negotiate. The magnitude of the increase shows the Despair of investors for an agreement and gives hope that there is light at the end of the tunnel «they add.
The '7 magnificent' fly
Among the most upward values of the day, the '7 magnificent', which had also been among the most punished in the previous sessions before Trump's commercial policy. Tesla, with a 22.69% rise, has been the most upward of this group, above 18.72% that Nvidia has added. They have also risen strongly Goal (+14.76%), Amazon (+11.98%), Apple (+15.33%), Microsoft (+10.12%) and Alphabet (+15.33%).
Kathleen BrooksXTB research director, says that «the news about the pause in tariffs is exceptionally positive for global risk assets and world economic prospects. «» The technological sector and other market areas with strong sales should lead the way. Even Apple and Amazon have risen, although they depend on Chinese imports for part of their business. This could be a sign that the market is ready to deduct a distension in relationships between Trump and XIdespite the fact that tariffs on Chinese products are now in ridiculous levels, «he adds
Besent's comments
Before knowing the pause, Scott Besentthe Secretary of the Treasury, he commented in an interview with 'Fox News' that Trump, and his Chinese couple, Xi Jinpingthey will resolve the commercial war unleashed with the «to the highest level» tariffs. «Trump and XI have a very good personal relationship And I am convinced that this will be resolved at the highest level«Besent said.
The Fed, on stage
And in the midst of this scenario, the Fed has entered the scene. The American Central Bank has published the Proceedings of your last meeting, that have advanced a caution approach by the Central Bank. «By discussing the perspectives of monetary policy, participants pointed out that uncertainty about the net effect of various government policies on economic perspectives was high, what made it convenient to adopt a cautious attitude«The text stands out. The operators have reviewed their projections, and now They anticipate up to five drops of typesfor a total of 125 basic points, before the end of the course. From the macro point of view, the agenda will also feature prominent references during the next sessions, which will be marked by inflation. The main course will arrive on Thursday with the March CPIfor which a general rate decrease is expected to 2.6% from 2.8%; and that the underlying is moderate from 3.1% to 3%. But other data will also be known to take into account as the production prices or the 12 months inflation expectations which collects the University of Michigan in its poll on consumer confidence.
Companies and other markets
In the business level, this Friday starts the season of results of the first quarter with the accounts of the large banks such as Wells Fargo, JP Morgan, Blackrock either Morgan Stanley. «Guidance/Guides may disappear Because companies will not dare to commit to anything in this new 100% uncertain context. That means that they will cancel their current guidances and/or say that they are subject to absolute review, «they say in Bankinter. In other markets, oil West Texas has risen 5.17% ($ 62.62) and Brent It has advanced 4.65% ($ 65.75). For its part, the euro 0.17% ($ 1,0936), and the ounce of gold has gained 3.91% ($ 3107). In addition, the 10 -year American Bonus Profitability It has revalued 4,304% and the Bitcoin has won 7.55% ($ 82,387)
