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Wall Street anticipates mixed sign after July retail sales


Wall street anticipates soft falls pending several relevant economic data, such as industrial production and consumer confidence. So far, the July retail sales, which have risen 1.2%, below the 1.9% anticipated.

To highlight, the S&P 500 it is trading at less than 1% of its previous all-time high in February, although this Thursday it turned slightly lower after trying to overcome it and closed with a slight fall.

For technical analysis, exceed the previous maximum, "with ease and if it can be in weekly candles better than better, would put the S&P on an absolute free rise, with the upward implications that this usually has for any underlying in the same situation, "he explains Jose Maria Rodriguez, an analyst at Bolsamanía.

At the business level, Epic games, the creator of 'Fortnite', has filed lawsuits against Apple and Google after they removed the one of the well-known video game from their respective application stores.

For its part, US Federal Reserve (Fed) has announced that it is building and testing a hypothetical digital currency. However, it has clarified that it does so as part of the program to improve understanding about digital currencies and not as an equivalent to cash, something for which a long process is needed.

And in other markets, the West Texas oil falls 0.1% to $ 42.22, while the euro it appreciates 0.01% and changes to 1.1813 dollars. In addition, the profitability of the 10-year American bond it drops to 0.70%.

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