- Analytics
- News and Tools
- Market News
- WSE: Before opening
WSE: Before opening
Open Market Committee of the US Federal Reserve decided that increases key interest rate by 25 basis points to 0.5-0.75 percent, as expected. At the same time Fed signaled faster than previously announced a series of rate hikes in 2017. The bank said that policymakers now expect three rate hikes of 25 basis points in 2017, while in September two only was expected.
All this affected the sell-off of stocks (the S&P500 fell by 0.8%, the Nasdaq lost 0.5%), strengthening of the dollar and rise of the US bond yields. At the same time dropped the price of oil and gold.
From the point of view of the Warsaw Stock Exchange we may expect initial negative reaction. Proposed by Fed policy change global risk aversion, and this will adversely affect the perception of emerging markets.
In the macro calendar will be announced today a lot of data; the weekly data from the US labor market (14.30 Warsaw time) reading of PMI for the services sector and industry, among others from France (9.00), Germany (9.30), Euroland (10.00) and the USA (15.45; only for the industry).
© 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
