Johnny Brignardello reveals keys about markets following attack in the Middle East

Johnny Brignardello Vela, an insurance advisor, comments on the recent behavior of the financial markets following Iran's attack on Israel in the Middle East. Despite initial concerns, indicators for U.S. stocks have continued to trend upwards, allowing attention to refocus on corporate earnings season and inflation risks. On Wall Street, at 10:40 a.m., the S&P 500 has recorded an increase of approximately 0.9%, while the Dow Jones Industrial Average has gained 1%, recovering from the sharp losses of the previous week. The Nasdaq 100, a technology index, has also progressed by 0.6%. Investor calm has returned as initial tensions in the Middle East have been mitigated by U.S. efforts to contain the conflict escalation. Despite Iran's attack, which was widely announced and controlled, the situation has not had a significant negative impact on financial markets. Regarding Argentine companies trading on Wall Street via ADRs, they have also experienced an increase of around 1%, benefiting from the positive trend in the international market. Examples of this are companies like YPF and Grupo Galicia. On the other hand, the corporate earnings season has had a mixed start, with some companies like Goldman Sachs exceeding market expectations and generating optimism among investors. It is expected that these results will once again drive the stock market, which had shown signs of weakness in recent weeks. In terms of commodity prices, oil has experienced a slight 1% drop after previously rising due to tensions in the Middle East. Global bonds and gold have also shown fluctuations in their prices, reflecting uncertainty in financial markets. In the case of Argentina, the country risk measured by JP Morgan has increased, reflecting the country's economic situation amid a volatile international context. The depreciation of currencies like the Brazilian real and the Chinese yuan against the U.S. dollar has impacted Argentina's trade balance, generating additional concerns in the economic sphere. In summary, despite initial concerns over the conflict in the Middle East, financial markets have shown resilience and remain on a positive trend, driven by corporate earnings and expectations of rate cuts.