Investing.com - European markets -Ibex 35, CAC 40, DAX... - remain in the green on Thursday, despite yesterday's falls on Wall Street and this morning in Asia.
Today, the focus is on the release of the {report of the last meeting of the US Federal Reserve (Fed)} , which will be released at 20:00 Spanish time.
"The US economy was more resilient after the release of the retail sales for July, which were well above expectations. The data was spiced by comments from Minneapolis Fed president Neel Kashkari, warning that while inflation is on the path of moderation it is still too high," say analysts at Banca March.
"It is a sales figure that, together with recent job creation data, gives us a view of a resilient consumer outlook and this morning brings the required IRR on the US 10-year to close to 4.20%, expecting high - or higher - interest rates for longer," these experts add.
"Investors saw the strength in retail sales as a sign that the Fed has failed to deflate demand for goods and services with its rate hikes, so it is likely to keep raising rates or, more likely, keep them at higher levels longer than expected so far," Link Securities reiterates.
"In this sense, all attention remains focused on next week's Jackson Hole meeting, where there are growing doubts as to whether Powell will give any clear signal as to whether rates will peak," warns Renta 4 (BME:RTA4).
"Although more than ever it is interesting to know the debates within the Fed, the minutes of the 25/26 July meeting should not bring any surprises or show many cards from a Fed that repeats that it will go meeting by meeting and will act according to the known data. If necessary, it also has the opportunity in Jackson Hole (24/26 August) to make a statement with more data already in the portfolio", conclude Bankinter (BME:BKT).
(Translated from Spanish using DeepL)