Trump’s Tariff Threats and FOMC Minutes in Focus

Turns in the Tariff Agenda

• The main dynamic driving asset prices in global markets continues to be the trade war agenda. In addition, the US President’s remarks about the Chairman of the Federal Reserve (FED) were also noteworthy.
• Donald Trump’s comments yesterday were harsher after his previous statements, which were considered to be relatively moderate. The President said that the Agosto 1 deadline for the implementation of high tariffs will not be extended. Trump said that high tariffs would be imposed on copper and the pharmaceutical industry, and that other countries would receive letters about tariffs today. According to Trade Minister Lutnick, 15-20 more letters will be sent to countries in the coming days.
• The renewed unease over trade tensions seems to be causing investors to avoid taking big steps and remain cautious, but it is worth noting that the markets remain resilient.
• On the other hand, President Trump reiterated his call for Fed Chairman Powell to cut interest rates. He added that he thinks Powell should resign and someone who will cut interest rates should be the chairman instead.
• Developments and announcements on tariffs are likely to continue to determine the price of digital assets, but the minutes of the last meeting of the Federal Open Market Committee (FOMC), which will be released today, will also be closely monitored.

For a detailed review of our twice-daily technical analysis report and the latest developments in digital assets click here.

Actas de la reunión del FOMC

Under the influence of tariff developments and US macro indicators, global markets will focus on the latest Federal Open Market Committee (FOMC) meeting today. After the meeting, where the US Federal Reserve (FED) left interest rates unchanged as expected, the messages to be taken between the lines of the minutes will inform investors about the timing of the FED’s next rate cut and how many rate cuts may be made until the end of the year. Therefore, it is worth noting that this will be an important development in the direction of financial markets. However, we do not expect a major change in market expectations and we do not foresee a change in the pricing that the first rate cut will be made at the Septiembre meeting. After the latest non-farm payrolls data, according to the CME FedWatch Tool, markets expect to see two rate cuts from the Fed by the end of the year. We think that even the FOMC minutes, which may cause this expectation to evolve towards three, may not cause deep changes in pricing.

Lo más destacado del día

Datos importantes del calendario económico

Información

*El calendario se basa en el huso horario UTC (Tiempo Universal Coordinado).

El contenido del calendario económico de la página correspondiente se obtiene de proveedores de noticias y datos fiables. Las noticias del contenido del calendario económico, la fecha y hora del anuncio de la noticia, los posibles cambios en las cifras anteriores, las expectativas y las cifras anunciadas son realizadas por las instituciones proveedoras de datos. Darkex no se hace responsable de los posibles cambios que puedan surgir de situaciones similares.

Aviso legal

La información sobre inversiones, los comentarios y las recomendaciones que figuran en este documento no constituyen servicios de asesoramiento en materia de inversiones. Los servicios de asesoramiento en materia de inversión son prestados por instituciones autorizadas con carácter personal, teniendo en cuenta las preferencias de riesgo y rentabilidad de los particulares. Los comentarios y recomendaciones contenidos en este documento son de tipo general. Estas recomendaciones pueden no ser adecuadas para su situación financiera y sus preferencias de riesgo y rentabilidad. Por lo tanto, tomar una decisión de inversión basándose únicamente en la información contenida en este documento puede no dar lugar a resultados acordes con sus expectativas.