In the commercial field, investors expected more trade agreements between the US and the main economies. Various reports indicated that high -level conversations with Japan They will resume this week, while negotiations with several other countries are still ongoing.
China He contributed to risk aversion by warning that US export controls threatened to undermine the commercial truce achieved in Geneva last week.
Germany and the US held bilateral conversations
The German finance minister, Lars Klingbeiland the United States Treasury Secretary, Scott Besentmaintained a prolonged and constructive dialogue within the framework of the consultations of the finance ministers of the G7 in Canadaaccording to Reuters.
Klingbeil stressed the importance of strengthening transatlantic ties, especially given the current geopolitical and economic obstacles. He insisted that existing trade disagreements with the United States must be resolved with mutual benefit. These statements were made on Tuesday, before the Klingbeil meeting with their counterparts from the other countries of the seven group.
In his conversation with Besent, Klingbeil also stressed that the G7 must constantly support Ukraine. Both finance ministers agreed to continue their conversations in Washington, thanks to an invitation taken by Besent to Klingbeil.
Wall Street: Results of retailers in the sights
Several actions of important retailers published their results before the opening, as the first quarter season ends.
In that sense, the actions of Lowe’s came down 2% after the household items reported net sales in the first quarter that fell approximately to estimates, even when it warned about “short -term uncertainty.”
Target 5% fell after the large chain of stores drastically reduced its annual sales prognosis after registering a strong drop in quarterly sales in comparable stores, attributing these falls to the weakening of consumer confidence and a reduction in discretionary spending.
The figures are presented in a context of growing tariff tensions that have contributed to bleak results and forecasts of various consumer -oriented companies. This includes retail giant Walmart (-1.2%) that warned last week about imminent price rise.
Tuesday, Home Depot (-1.7%) announced that it would maintain stable prices, although it warned that tariffs could cause the disappearance of some products from the diver store.
What analyzes the market and what happens in Europe
Treasury yields have remained high, with 30 -year -old bonds reaching 5%, in the prelude to a key auction of 16,000 million dollars in 20 -year bonds, which will serve as a demand thermometer for long -term US debt.
The European stock markets also backed away from their recent maximums: the Stoxx 600 paneurpeo index fell 0.5%, led by decreases in the British retailer JD Sports and the Swiss bank Julius Baer.
Investors, on the other hand, sought refuge in safe currencies such as Yen and the Swiss Franco.
“People are considering the idea of moving capital outside the US.
Investors sought those opportunities in Asia, where the broader MSCI index for the region, excluding Japan, rose 0.8% to a maximum of seven months.
In the currency market, the sale of dollars intensified in Asia, which promoted Yen, the Swiss Franco and the euro at its highest levels in two weeks. The sterling pound reached a maximum of three weeks, located at $ 1,3407, after British inflation surprised up in April with an year -on -year rate of 3.5%, compared to 2.6% in March.
The actions complicated by volatility
Alphabet It rose more than 3% on Wednesday, after the presentation of the company of a series of new products and initiatives related to AI to guarantee its competitiveness in its career.
Microsoft Corporation (-1%), meanwhile, quoted below the flotation line after announcing that 394,000 Windows computers were infected by Lumma malware worldwide.
Stick High Networks It descended 6.7% after the announcement of the cybersecurity company, which its operating expenses increased by 12% the third quarter, together with income that practically coincided with the estimates.
Xpeng He advanced 12.8% after the Chinese manufacturer of electric vehicles reported a lower loss than expected for the first quarter, along with income figures and deliveries that exceeded the forecasts of the analysts.
The actions of Take-two interactive software 3.9% fell when the video game company announced an initial public offer of ordinary shares worth US $ 1 billion, planning to allocate the funds to general corporate needs.
Baidu It sank 4.2% despite the fact that the Chinese searches giant reported better income than expected in the first quarter, highlighting the solidity of its artificial intelligence division in the cloud.
The greatest increases and casualties of the wheel
Among the actions that were most appreciated, Weride (+22%), Dycom (+15.6%), Xpeng (+12.8%), GDS Holding (+7.9%) and Orla Mining (+6.8%).
While the most resigned value, Wix.com (-15.7%), Fair Isaac (-15.1%), VF Corporation (-15.1%), Garrett Motion (-12.2%) and Qxo (-10.5%).
Source: Ambito
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