TeleTrade - Analytics

    TeleTrade

    726.50 6.50/10
    57% of positive reviews
    Real

    14.06.2016 06:26 WSE: Before opening

    14.06.2016 06:26

    WSE: Before opening

     

    The first session of the week on Wall Street ended with solidarity decline in the major indexes, which gave up 0.7 to 0.9 percent. The main reason was a mix of concerns about the outcome of the referendum on Brexit and growing uncertainty about the Wednesday statement of the Federal Open Market Committee ( FOMC). The German DAX yesterday lost 1.8 percent and close at session minimums.

     

     

    Contracts on the S&P500 are currently traded at a slight positive territory ( 0.10%).

     

     

    Macro calendar will bring today important readings from Europe - industrial production - and from the US - retail sales and data on international trade. The reports should have an impact on the relationship between the dollar and the euro, so indirectly also on the condition of the zloty pairs - USDPLN and EURPLN. The WIG20 sensitivity on the strength or weakness of the Polish currency is known, so at the time of publication data, we may expect some changes also on the Warsaw Stock Exchange.

     

     

    On the Warsaw market the third day of declines of the WIG20 merged with defense support levels at around 1,750 points. Perhaps today's session does not answer the question about the future direction, because in all markets is seen waiting for Wednesday's FOMC Statement, but by the end of the week we may receive signals indicating the superiority of one of the parties.

     

    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree