The mood this morning does not seem good. On Friday, the S&P 500 lost almost 2.5%, US futures this morning already losing another 0.7% and in addition to this there are significant discounts in Asia.
It seems that the main reason for this situation is the change of the attitude of central banks. At Thursday's meeting of the ECB, Mario Draghi changed his tone and disappointed investors about the buy-back program. Despite a series of weaker data from the US, Fed does not withdraw from the possibility of a rate hike in September and the BoJ today, according to reports, is considering the possibility of reducing the scale of purchasing long-term bonds. Thus, all three major central banks spoiled sentiment around the world.
On the Warsaw market will be important and quite surprising news, that on Friday, Moody's did not revise the rating for Poland. It is definitely good news, but looking through the prism of world events, local support on the WIG20 index at 1,750 points seems to be in danger.
In the US, it may be important that Hillary Clinton because of a diagnosis of pneumonia is forced to stop the campaign. This is prejudicial message, as rewards Donald Trump.
© 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.