The highlight of the last hours of the financial markets was the end of the Fed meeting. Nothing special has been passed in the message and the Fed left its key interest rate in the range of 0.25-0.5%, while stating that the short-term risk to the US economic growth weakened.
The probability of increases after yesterday's meeting did not change significantly, where possible deadline for such a move is now estimated on December (approx. 40%) after the US presidential election. After this message, the price of gold rose and the dollar weakened.
In the morning, most Asian parquet on the little lost, led by the Nikkei falling by 1,0%. Contracts in the US are stable, but the expectations indicate the possibility of light falls on the opening in Europe.
From the point of view of the Warsaw Stock Exchange it is a neutral picture of the situation. There is no strong impulse to snatch the market from around 1,800 points. Investors will continue to focus its attention on the banking sector, we are still waiting for the results of stress tests of European banks (Friday) and the law on foreign currency loans in Poland (by the end of the week).
© 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.