Market news
26.07.2016, 06:21

WSE: Before opening

Yesterday's session in the US ended with a decline of 0.3%, and in the morning the American contracts are traded on neutral levels. This means that there has not been a larger correction, and the side trend close to maxima continues. This is a good news for the Warsaw market, which ended yesterday's session high and today may have relative easy start. The moods in Asia are balanced and on most parquets there are no major changes. In plus stands out Hong Kong with an increase of more than 1% and in minus falls Tokyo with a loss of approx. 1,2% as a result of the strengthening yen.

Investors on the Warsaw Stock Exchange must remember that at the end of the week in the Parliament is to appear presidential draft of law on foreign currency loans. This means that this week will be important from the point of view of local banks.

In today's macro calendar's most important publication will be consumer confidence index Conference Board, but like yesterday's Ifo, it should not permanently affect moods, as these will depend on the upcoming decision of major central banks, that is what tomorrow will announce the Fed and the BoJ on Friday.

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