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Wall Street anticipates mixed sign after its latest records and banking results


Wall street anticipates a mixed opening after the records set this Monday by the S&P 500 and the Nasdaq. The technological selective 1% rebounded and accumulates an annual profit of 3.3%. On this day, the season of business results in the US has begun. JP Morgan, Citi and Wells Fargo They were the first to publish their figures for the fourth quarter of 2019.

In the Dow jonesprecisely one of the most bullish values ​​in pre-opening is JP Morgan. The bank was the first to publish results and up more than 1% after convincing with them, since it has exceeded analyst expectations.

Wells Fargo, on the other hand, falls after disappointing, since its earnings have been a 55% lower to those of the same period of the previous year. Citigroup advances moderately, with increases of 0.6% after announcing an increase in its profit until 4,980 million dollars. Delta Airlines, on the other hand, rises more than 4% after exceeding the forecasts.

Continuing with the results, the accounts are expected to continue showing a mediocre earnings balance. Experts believe that only in 2020 will we really see a vigorous rebound after a very sparse 2019 in terms of business benefits.

This Tuesday is also news China. US has removed Beijing from its blacklist of currency handlers. An announcement that takes place in a key week with the Asian giant already in Washington to seal the phase one trade agreement this Wednesday and that has caused a strong yuan rebound in the forex market.

From the South China Morning Post, they lower the optimism somewhat and point to the commercial war "It is not over yet" and this pact is just "the first round of the game."

On an economic level, the Chinese exports and imports They have widely exceeded forecasts in the month of December. In the US, the Consumer Price Index (CPI) It rose 0.2% in December, to an annual rate of 2.3%, in line with the forecasts.

In other markets, oil West texas up 0.8%, to 58.58 dollars, while the ounce of gold falls 0.4%, up to $ 1,544. The geopolitical risk premium of crude oil has been relegated to the background and gold, considered the active refuge par excellence, has clearly turned down.

The geopolitical tension between Iran and the US has been relegated to the background after demolishing the Persian regime by mistake a plane 737 with 176 passengers, half of them Iranians. This is causing internal revolts in Tehran and other cities and has caused an internal crisis for the Ayatollah government.

For its part, the euro it depreciates 0.25% and changes to $ 1,1105. Finally, the profitability of 10-year American bond It remains at 1.84% and the 2-year bond at 1.58%.

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