Wednesday's session on Wall Street did not finish with explosion of optimism, but joint boosters of main indices, which gained 0.3 to 0.4 percent and closed around daytime highs allow to call the close as a successful one. Currently the contract for the S&P500 is trading at light red level (-0,11%). Oil, on which force relied yesterday's booster on Wall Street, is listed on the positive territory and above the psychological barrier of $ 50. Not without significance is also the fact that the S&P500 rose the third day in a row and closed trading above 2,100 points, what promotes speculation of a breakout above the upper level of many months consolidation.
However may worry the strengthening of the euro against the dollar, which on the one hand indicates the positioning of the market to the lack of increases in US interest rates, but it also has the other side in the form of weakening demand for shares of European exporters.
On the Warsaw market yesterday's gain of the WIG20 confirms appetites of bulls to continue to rebound from the 1750 points. Inhibition in the region of 1,850 points also confirms sensitivity to equal levels and a 100-point increases in a few days are encouraged to take profits and some form of correction.
Potential threats can come from core markets, which - especially Wall Street - are in the points where it will be easy to the counterattack of supply side.
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