Investors are waiting to see if the Donald Trump government offers details about the commercial agreements that are supposed to negotiate with other countries, including China.
The dollar fell 0.6% this Tuesday in front of a basket of six outstanding coins globally, in the middle of Mercado nervousness for the delay in the expected commercial agreements of the US. He Euro expanded its advances After the German Parliament chose the conservative leader Friedrich Merz as chancellor.
The United States trade deficit was extended to a record in Marchsince companies promoted imports of goods before tariffs, which dragged the GDP to negative land in the first quarter for the first time in three years.
The commercial gap rose 14%, to the record figure of U $ 140.5 billioncompared to US $ 123,200 million, as reported on Tuesday the Office of Economic Analysis (BEA) of the Department of Commerce.
“Market attention is put in the Fed monetary policy meeting But, more than anything, in the statement and at the press conference of (the president of the entity, Jerome) Powell, since no changes in interest rates are expected, “said an operator.
For this Wednesday, May 7 in the afternoon, the Fed statement is expected, when you conclude its two -day monetary policy meeting.
The euro was strengthened and the Brazilian real was devalued
The euro expanded its improvement after Merz obtained sufficient parliamentary votes to become chancellor, after a humiliating and unprecedented defeat in the first attempt. The single currency rose 0.5% in the day, Au $ S1,1373.
In addition to the aforementioned Fed Conference in the US, the market provides that the Bank of England could lower the rates in a quarter quarter a day later.
In Latin America the coins operated with disparity. While The Brazilian real and the Colombian weight, appreciations in the Argentine weight, the Mexican, the Chilean and the Peruvian were verified.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
