- Analytics
- News and Tools
- Market News
- WSE: After start on Wall Street
WSE: After start on Wall Street
Declining start on Wall Street does not help for quotations on the Warsaw market. The S&P500 index started trading from a clear "bear gap" and almost immediately went to test the minimum level of the first session of September.
It does not help us also the situation on the currency market. Today we will face a new, awaited decision on the rating of the Polish debt. The zloty, however, is not waiting for the decision of the agency and clearly losing on the broad market. The reason of the weakness is quite surprising rally of the dollar, which began yesterday after the decision of the European Central Bank. While the return of the US currency appreciation was a matter of time, whereas the rate of return is surprising. There are signs that the market does not negate the possibility of interest rate increases in September.
An hour before the end of the trading the WIG20 index was at the level of 1,757 points (-2,00%).
© 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.
Bank transfers
