Market news
02.12.2016, 07:22

WSE: Before opening

Thursday's close on Wall Street took place in mixed moods - the Dow Jones index at the end of the day gained 0.36 percent, the S&P 500 fell by 0.35 percent, and the Nasdaq Comp. went down by 1.36 percent. Another day rise oil, after reaching the agreement by OPEC to reduce output.

The highest increases in the US were recorded by fuel companies and the financial sector, and strongest went down the computing enterprises.

The US economy released further data that reinforces expectations of a rise in interest rates in the US. At the same time, the prospect of higher oil prices next year in connection with the OPEC agreement affects the strengthening of inflation expectations in the United States.

Today is the first Friday of the month and a traditional meeting of the market with the monthly data from the US Department of Labor. The macro calendar today has no other report of a comparable impact on the market. This data also carry a risk of a strong reaction in the currency market, so the Warsaw market will depend on the relationship of the zloty to the dollar.

Today, the S&P Agency will revise the rating for Poland. The reduction in the retirement age, weaker economic data (disappointing GDP figures for the third quarter 2016 and the most recent data on industrial production and retail sales) - can be essential factors for the agency, at least as an excuse. It is doubtful, however, that S&P will lower the rating for the second time, when Moody's and Fitch have not done it yet, even for the first time. The decision probably will be announced in the evening.

© 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.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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
Feedback
Live Chat E-mail
Up
Choose your language / location