Dow Jones opens higher on Home Depot and retail earnings
The index started the session boosted by positive results, in a cautious day ahead of the Federal Reserve’s Jackson Hole conference.
The index started the session boosted by positive results, in a cautious day ahead of the Federal Reserve’s Jackson Hole conference.
The meeting could pave the way for a peace deal in the war and even a trilateral negotiation with Putin, raising global expectations.
The US currency was driven by geopolitical tensions, the war in Ukraine, and expectations about Federal Reserve monetary policy.
The Hang Seng index dropped 0.21%, with losses also in China, South Korea, and Japan, reflecting international risks.
Markets expect signals of interest rate cuts in the coming months, an event that could strongly impact global monetary policy outlooks.
The Brazilian government seeks to reverse US-imposed tariffs and avoid new disputes affecting international relations.
The currency reflects a complex global dynamic, influenced by both domestic and international factors.
Michelle Bowman is expected to comment on the outlook for the US economy and monetary policy direction.
Sanctions and potential meetings between world leaders continue to influence investors and drive market swings.
Corporate earnings, geopolitical tensions, and the US economic agenda shape investor expectations this week.
The crypto market dropped $75 billion to $3.86 trillion, while Japan's LibWork approved a $3.4 million Bitcoin purchase as a treasury asset.
Bitcoin remains stable near $115K after peaking at $124K, in a correction scenario and awaiting signals from the Federal Reserve.
Bitcoin trades between $115K and $117.6K, with supports at $114K and $112.5K. Ethereum faces resistance near $4.7K.
The crypto market is correcting, but investors see opportunities in consolidated altcoins and disruptive projects.
Bitcoin's volatility has fallen to its lowest level since January 2015, reinforcing its role as a store of value asset.
The U.S. SEC has postponed decisions on crypto ETFs until October, adding to market caution.
Projections show crypto market cap could fluctuate depending on recovery or persistence of the current correction.
Pump.fun token had the worst recent performance, falling over 15% in 24h, while OKB, HASH and POL gained value.
Large inflows into Ethereum ETFs and corporate buys from companies like Metaplanet indicate growing institutional interest.
Investors are closely watching the Federal Reserve symposium, which may set new directions for cryptocurrencies.