- Analytics
- News and Tools
- Market News
- WSE: After start on Wall Street
WSE: After start on Wall Street
Published today in the US retail sales data surprise very positively both in the month of October, and the earlier one due to the revision of data from September, up from 0.6% to 1%. Data surprise no matter how we look at them. Very well performs the car sales, but without it sales rise by 0.8%.Generally in annual relation sales grew by a 4.3%. These data strengthen the dollar, because the December rate hike is clearly closer, which still should be treated as the base scenario.
The afternoon phase session on the Warsaw market has brought declines and all major segments are reporting on the red side of the market. The turnover is not especially impressive, also the day variability is not large. It seems that the better US data coupled with the re-strengthening of the dollar was badly received in the emerging markets, in Western Europe, we may not see any new downward pressure.
Wall Street opened with an increase of 0.2% and the first trades run fairly quietly. At the same time the behavior of the US market has ceased to be any signpost for the Warsaw Stock Exchange, which has chosen a completely opposite direction.
An hour before the end of the session the WIG20 index was at the level of 1,750 points (-0,22%).
© 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
