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- WSE: Mid session comment
WSE: Mid session comment
Entry into southern phase of trading takes place in Europe under the sign of light increases, similarly behaving the Warsaw market. Also American contracts come to session highs, which further stabilize the situation in anticipation of subsequent data from the US.
A turnover of PLN 100 million after 4 hours of trade on the WIG20 index clearly indicate that investors refrain from decisions and waiting for the afternoon quite a large portion of the US data (retail sales, industrial production, PPI), which may affect the Fed's decision with regard to a possible increases in interest rates. In addition, tomorrow we have "three witches day", which is also not conducive to increased activity in the period immediately prior to such event. At the halfway point of today's session the WIG20 index was at the level of 1,741 points (+0,28%).
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