Bloomberg Line – The mood of investors improves at the beginning of Wednesday after will formalize the restart of commercial conversations between the United States and Chinain an effort to contain the tariff conflict, which has marked the relations between both powers.
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The dollar index managed to reverse a three -day bearish trend with an advance of 0.2%, while the price of gold and yields of the treasure bondsreflecting a lower appetite for defensive assets in a context of possible geopolitical relief.
The meetings are scheduled for this weekend in Switzerland and will have the participation of the US Treasury secretary., Scott Besent, and the commercial representative Jamieson Greer, who will hold meetings with the viceprimer Chinese minister He LIFENG.
Commercial dialogue.Scott Besent, secretary of the US Treasury, will lead the efforts to resume commercial dialogue with China.(Bloomberg/Kent Nishimura)
In the Chilean market, the dollar rises 0.27% to CLP $ 942.73, according to the data collected by Bloomberg.
➡️ See the price of the dollar today vs. Chilean weight
The markets are also attentive to the Federal Reserve, which will publish on Wednesday its monetary policy decision, In an environment marked by commercial tensions and political pressures from the White House.
Although an immediate adjustment is discarded in the interest rate, currently between 4.25% and 4.50%, The markets will be attentive to the signals that the Central Bank can deliver about its strategy for the remainder of the year.
Despite the questions of President Donald Trump to Jerome Powell for his reluctance to cut rates, The consensus among the analysts points to a caution posture, with the Fed waiting for greater clarity on the economic impact of the new tariffs.
Fed decision.The markets remain attentive to the Federal Reserve signals on the course of monetary policy.(Bloomberg/Al Drago)
In the local field, the BBVA exchange strategy team highlighted the impact it will have The inflation fact in Chile, which will be published on Thursday, anticipating a monthly rise of 0.3% in April and an interannual rate of 4.6%below the data of March, but still above the objective of the Central Bank.
In this environment, BBVA considers unlikely that the cycle of feat cuts will be resumed soongiven the persistent external uncertainty.
The Spanish Bank warns that, if the impulse in the conversations ee. UU. A recovery of risk assets and a better tone for emerging currencies could be observed.
