TeleTrade - Analytics

    TeleTrade

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    02.05.2016 11:02 WSE: Mid session comment

    The final of the forenoon phase of the session brings greater departure of the WIG20 from defended last week resistance. The WIG20 index in the middle of the session was in the area of 1,906 pts., which is largely a response to the rise in core markets. The DAX has been growing about 0,8 percent - far away to catch Friday's losses and a decrease of more than 3 percent in the previous week - and clearly creates upward pressure in Warsaw. It also helps to gold, which loses to the euro, but not to the dollar. Unfortunately, the turnover on the level of PLN 83 mln reinforces expectations that the session will not have serious, especially reliable consequences.


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