The fact that the possible downgrading or rating by Moody's should not meet with violent negative reaction of the market is evidenced by the fact that in anticipation of this information the WIG20 without complexes overlooks consecutive daily maxima, and we may see green colour among the blue chips. Thus, our market goes up in the same rhythm as the German market. There is no case, if we look further on the zloty - EURPLN descends to the daily minimum falling below the 4.40 level.
Strengthening of the zloty and boosters of the DAX hit on vulnerable ground in a market that was looking for the pulse to rebound from 1,800 points. As a result, at halfway of the session, the value of the WIG20 index is rising by 0.6 percent. The problem, however, is turnover, which barely exceeded PLN 200 mln. With such a technical credibility of today's activity is still low.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.