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- WSE: After start on Wall Street
WSE: After start on Wall Street
The Bank of England has taken a very aggressive actions today. As expected, lowered the rate to 0.25%, but at the same time said that if the economy is so weak, as shown by its forecast, that rates will still fall. Furthermore, the Bank increase the quantitative easing program by 60 billion pounds and introduces two new programs. The British pound after a series of information is weaken and stock markets react positively, but not euphoric.
The American market began with slight rise. Yesterday return of the S&P500 to the threshold of current variability may indicate that the risk of collapse is at least temporarily moved. We'll see today how the market will react, so that the demand could climb back to the highs or the market starts to slide in the direction of the Tuesday's hole.
On the Warsaw Stock Exchange, with some delay, but we have a new daily highs, which leads to make up for yesterday's losses.
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