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- WSE: Before opening
WSE: Before opening
The new week we enter with an empty macro calendar, but there is no reasons to complain about lack of pulses to trade outside the published data. The most important issue today is the lack of agreement in Doha regarding the freezing of oil production. Hence, in the morning there is a mood of disappointment indicated by a downward gap on a chart of oil, which has consequences in a similar gap in the case of contracts for the US indices and weak sentiment in Asia. The price of oil went down about 4%. The downward in the US contracts exceed 0.6%. Additionally we have an unfavorable reaction in Japan after the earthquake on Saturday.
Therefore it seems that the Warsaw Stock Exchange today would be the under pressure, at least at the beginning of the session. The headline negative news of the day is the lack of agreement in Doha.
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