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- WSE: Before opening
WSE: Before opening
Yesterday's a bit bearish ending of the US session was slightly disappointing. Downward move was not large, approx. of 0.1%, and resulted from the sell-off in the oil market by more than 5%. However Asia in the morning is dominated by the red color and the contracts in the US also go down about 0.10%. This means that a weak Europe may have trouble to generate growth, which hinders the activity of demand on the WSE. Nevertheless, follow the principle, before the hour 14:30 (Warsaw time) markets should be relatively calm.
At this hour will be published the report from the US labor market. Its outcome affects the expected FOMC policy. After a negative surprise in May, now is expected to return to the area of 200 thousand new workplaces. The reading of less than 100 thousand will be considered for the next negative surprise, and over 200 thousand as positive and beginning discussions about a possible rate hike in the US, as soon as echo of Brexit will temper.
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