Market news
24.06.2016, 06:09

WSE: Before opening

Thursday's session on Wall Street ended with increases of indices, but this morning it does not matter.


Friday morning trading on financial markets brings a crash due to the fact that preliminary results of the referendum in the UK indicate Brexit.


The effects may be seen most strongly in the currency market, where the pound against the dollar has lost about 5 percent and was at the lowest level for more than two months, the euro lost against the dollar 4 percent. The Polish zloty going through hard time, the dollar strengthened by 7 percent, while the euro by 3.5 percent.

Nikkei index loses 8 percent, futures on the DAX lost even nearly 9 percent, and the contract on the S&P500 going down about 5 percent. Gold increases by 6 percent, and oil drops by 6 percent. Escape from risk is broad, and if the final results of the referendum confirm the estimates, is actually the result of European session is doomed.

In short, this day promises to be nervous and does not appear in this field greater relief.

Looking at the Warsaw market, the decline of the WIG20 by a few percent seems obvious. In the following hours the Warsaw Stock Exchange will have to move in the shadow of other indices and the mood in the world will determine the outcome of the day. If Britain really comes out from the European Union, it will be an unprecedented event, and to refer to the models from the past do not actually make sense.

© 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.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location