Key Summary: Wall Street closed mixed after a session marked by caution ahead of key inflation data releases and mounting political pressure on the Federal Reserve. The US dollar strengthened against the euro and the pound, while major US indices fluctuated between slight gains and losses. Europe ended in the red, dragged down by political uncertainty and weakness in luxury and banking sectors.
🌍 Global Market Overview
Region
Asset/Class
Index/Pair
Close / Latest
Daily Change
Key Driver/Status
Europe
Equities
STOXX 600
554.28
-0.25%
Political pressure, banking weakness
Europe
Equities
DAX (Germany)
18,234.50
-0.10%
Relative stability
Europe
Equities
FTSE 100 (UK)
9,265.80
-0.60%
Pullback in consumer and energy sectors
USA
Equities
S&P 500
6,445.49
+0.10%
Technical rebound, Fed caution
USA
Equities
Dow Jones
45,282.47
-0.77%
Profit-taking, political volatility
USA
Equities
Nasdaq Comp.
21,443.63
-0.03%
Tech volatility, Nvidia anticipation
Global
FX
EUR/USD
1.1645
-0.89%
Strong dollar, euro weakens
Global
FX
GBP/USD
1.3482
-0.43%
Pound pressured by mixed data
Global
FX
USD/JPY
147.32
+0.02%
Yen stable, firm dollar
📊 Key Economic Indicators
Indicator
Latest Available
Context/Driver
Durable Goods Orders (July)
-2.8%
Larger drop than expected
Consumer Confidence (August)
97.4
Decline, less optimism
Dallas Fed Manufacturing (Aug)
-1.8
Regional contraction
US PMI (August)
55.4
Manufacturing expansion
US Inflation (July, est.)
2.8%
Tariffs pressuring prices
US Unemployment Rate (June)
4.1%
Resilient labor market
US GDP (Q2, preliminary)
3.0%
Rebound after weak Q1
Fed Rate Cut Probability (Sept)
89%
Powell hints at imminent cut
📈 Market Visual Summary
🏆 Key Market Levels
Asset
Level
Status/Driver
S&P 500
6,445.49
Technical rebound, Fed caution
Dow Jones
45,282.47
Profit-taking
Nasdaq Comp.
21,443.63
Tech volatility
STOXX 600
554.28
Political pressure
FTSE 100
9,265.80
Consumer/energy pullback
EUR/USD
1.1645
Strong dollar
GBP/USD
1.3482
Pound pressured
USD/JPY
147.32
Stable yen
🔥 What’s Moving the Markets?
Federal Reserve under pressure: Powell reiterated the possibility of a rate cut in September, but political pressure from the White House is raising uncertainty about central bank independence and future volatility.
Mixed US data: Durable goods orders and consumer confidence fell, but the manufacturing PMI remains in expansion. The market is awaiting inflation and GDP data on Thursday.
Europe closes lower: Concerns over French banks and weakness in consumer and luxury sectors dragged down major indices. The euro and pound lost ground to the strong dollar.
Sector highlights: In the US, energy, real estate, and financials led; tech and discretionary lagged. In Europe, industrials and healthcare held up, while luxury and banking fell.
Summary: Wall Street closed with limited moves and Europe in the red, in a cautious environment shaped by monetary policy and political pressure on the Fed. The dollar strengthened, and investors are now focused on key inflation and GDP data to set the trend for the end of the month.
El Mundo del Trading en los Mercados Financieros 