On the other hand, the main stock indexes in the United States ended the day in negative territory, investors continue to await the inflation reports from that country, today, Joe Biden, president of the United States and Kevin McCarthy, president of the House of Representatives, will have a meeting to discuss the increase in the debt limit.
The technology index, Nasdaq, ended with a decrease of 0.63% with a level of 12,179.55 points, while the S&P 500 and the Dow Jones fell 0.46 and 0.17%, respectively.
“We are looking at a slightly softer trading session on Tuesday as investors keep an eye on crucial inflation data on Wednesday. We have finally reached the point where the Federal Reserve may be at the end of its tightening cycle and we can begin to wait for when it is feasible to start easing policy to offset any shock to the economy. But for any of these to happen, we need to see evidence in the data that the Fed is on track for 2% starting tomorrow,” said Craig Erlam, senior market analyst at OANDA.
Analysts from the consulting firm Edward Jones point out that the disinflation trend that has been established in the last six months will continue, but not in a straight line.
“Supply chains have largely normalized, and growth in house prices and rents have been slowing for months and are now likely to start showing up in official inflation data. Consumer demand is also “is moderating. However, with the labor market still tight, policymakers are sharply focused on services inflation,” they added.