Investors on hold for Fed Chair Powell’s speech as strong data boosts stocks globally

• S & P 500 Close 1.47 % on Friday, but S & P Futures It decreased by 0.77 % in New York. Data and total data are largely stronger than the first quarter, but investors are likely to stop everything until the interest rate decision on Wednesday from the Federal Reserve. Although the Federal Reserve is not expected to change the prices, Federal Reserve Speaker Jerome Powell is likely to transfer markets worldwide.

The stock markets in Asia and Europe increased to a large extent this morning after nine successive S&P 500 rising sessions in the future of the United States in the United States decreased by 0.78 % this morning, indicating that some investors may want to sell their recent gains today.

The last profits have become strong: “Although 69 % of the S&P 500 companies that have been informed, 70 % overcome the profits of the first quarter … and 54 % overcome revenue estimates,” said JPMorgan Chase Dubravko Lakos-Bujas Customers in a recent note.

On a wider scale, investors keep their breath for the interest rate decision on Wednesday from the US Federal Reserve. president Trump has been arguing loudly that Federal Reserve Chairman Jerome Powell should reduce the rate, but smoke signals from the Eclis building indicate that the central bank would retain the rates. As always, it will be his suspension and guidance that will move the markets a day.

This is a snapshot of today’s work:

• Federal reserve funds for 30 days The market gave a greater chance than 98 % of the Federal Reserve’s retained rates hanging at 4.25 % to 4.50 %.
• S & P 500 Close 1.47 % on Friday, but S & P Futures It decreased by 0.77 % in New York. (S&P remains less than 3.31 % ytd.)
• All specialization Asian markets They were awake this morning except China, where CSI 300 Slipped 0.12 %.
• the Stoxx Europe 600 It was marginal in early trading.
• UK FTSE 100 It was closed to monitor the Labor Day.
• Baldir Its profits will be issued after the bell today.

Although the Federal Reserve is not expected to transfer interest rates-the Fedwatch dashboard has “hold” a 98 % opportunity-Powell faces an unprocessed puzzle: modern profits and macro data has become strong. In addition to President Trump’s introductory regime, which indicates that inflation may move up, which requires the Federal Reserve to raise prices. However, the data of feelings and scanning from the private sector remains dark – the customs duties themselves have not yet reached the real world. This indicates an economic slowdown, which requires the federal reserve to reduce rates.

In the absence of a clear trend in both cases, it is possible that the Federal Reserve is likely to carry. The latest general statement came from a member of the Federal Open Markets Committee from Beth M. Hamak, head of the Cleveland Federal team, who emphasized this feeling. “I think we need to be patient. We want to make sure luck.

Jan Hatzius, the chief economist in Goldman, believes that the Federal Reserve may be somewhat biased towards discounts rather than lifting them. He told investors in a recent note: “Although FOMC seems to be a higher price strip for price discounts compared to the 2019 trade war, we do not believe that high inflation will deter it from the cutting if the unemployment rate in the direction begins with a higher shock of customs tariffs.”

“The main problem of the Fed is the uncertainty in inflation. There is little confidence in future trade taxes. During the night, US President Trump announced a 100 % tax on imported films –Mr. Ben “It seems to be a threat to national security,” said Paul Dunovan’s UBS analyst this morning.

This story was originally shown on Fortune.com

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2025-05-05 10:29:00