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- WSE: After start on Wall Street
WSE: After start on Wall Street
In his speech in front of the Congress Janet Yellen said that the Federal Reserve would raise interest rates "relatively quickly" if the data will point to the improvement in the labor market and the acceleration of inflation. Published in the afternoon data only confirm these words. The weekly number of applications for unemployment benefits fell to the lowest level for 43 years and was amounted to barely 235 thousand. These data were very good for a long time, but this week are simply sensational. Added to this is a positive surprise for housing starts, which after weaker September grew in October up by 26% to the highest level in nine years.
The beginning of trading on Wall Street took place under the sign of indecision and the percentage change is not too far away from zero. Thus, everything indicates that such a mood will accompany us until the end of today's trading on the Warsaw Stock Exchange.
An hour before the end of trading in Warsaw, the WIG20 index reached the level of 1,756 points (-0,10%).
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