TeleTrade - Analytics

    TeleTrade

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    16.03.2016 07:30 WSE: Before opening

    Sessions on Wall Street ended with modest movements of the major indexes. Shadow over the market was cast by the oil prices and concerns about the condition of the economy, but overall, there is no doubt that Tuesday has been another day after Monday waiting for today's announcement of the Federal Open Market Committee.

    Quotations of index futures in Europe indicate, however, that in the morning we can expect European indices rebound in values similar to yesterday's losses. In other words, maintaining the current atmosphere till 9:00 would give a slightly positive plus openings, which should quickly turn into waiting for US data. Expectations seem to be clear - no interest rate hike and signal that a hike would take place at the June meeting of the FOMC. Any deviation from such a scenario will be considered more or less surprising.

    Locally looking it is hard to expect that the Warsaw Stock Exchange will managed to break away from dependence on core markets.


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