Investors will have an eye on the development of negotiations in the US Congress for the approval of the budget. This Monday there will also be a new round of public interventions of members of the Federal Reserve.
The Main Wall Street indices They operate up in the pre -opening on Monday, prolonging Friday’s upward trend. The keys to this day will revolve around the Federal Reserve (Fed) and the clues that can give their officials regarding how their monetary policy will continue. Besides, The debate in the American Congress becomes increasingly important Regarding the approval of the budget and The risk of a government “closure”.
Meanwhile, the bags in the rest of the world started the week with volatility. In Asiahe Nikkei 225 Japanese fell 0.69%, although it remains at its historical maximums. The Shanghai bag 0.90% rose in China, similar to the HANG Kong Hang Sengwhich jumped 1.89%.
In Europethe dynamic is more dim. The paneuropeo index Euro Stoxx 50 rises 0.12%, although at the monthly level the increase is 2.89%, chaining its third month of thread. At the local level, the German Dax increases 0.13% and the French CAC accompanies 0.22%. Outside the eurozone, the United Kingdom Ftse increases 0.59%.
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Wall Street does not lose the trace to the fed
This Friday the NYSE broke the streak of three days in red after the inflation data that follows the Fed I was in line with the forecast and, therefore, I kept the expectations of a rate cut.
Optimism seems to have been held on Monday, according to movements in the “Premarket”: he Dow Jones rises 0.34%, the Nasdaq Composite increases 0.54% and S&P 500 It follows with +0.41%.
In this sense, on Monday several members of the Federal Reserve will have public interventions: Christopher Waller, John Williams and Raphael Bostic.
Trump tries to avoid government “closure”
In parallel, the United States Congress approaches a new budget paralysis With a deadline that expires on Tuesday at midnight, in the midst of an increasingly rough political confrontation between Republicans and Democrats.
In this context, Donald Trump summoned the leaders of both games to the White House on Monday in a final attempt to unlock the negotiationsbut the positions are still rigid: Republicans demand to first approve a temporary extension of financing, while Democrats condition their support for health concessions.
Source: Ambito
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