• WSE: Before opening

Market news

29 March 2016

WSE: Before opening

Wall Street returned to play on Monday. Unfortunately, yesterday's session in the US was uninspiring, same like the end of the last pre-holiday session. Enough to say that on Thursday, the S&P500 index lost 0.04 percent, and on Monday gained 0.05 percent. Thus Europe, today returned to the game after a four day break, will not find on Wall Street major inspiration. The Nikkei index lost 0.18 percent and Shanghai 0.85 percent - but the current trading of contract futures on the S&P500, which grow by 0.16 percent indicate a stabilization in sentiment.

Oil, which loses its value and is trading below the psychological barrier of $ 40 per barrel, supports bears.

Europe return today to play in the context of conflicting impulses, which will strengthen the expectation of what today Janet Yellen will say.

In this context, it is difficult to expect any big changes on the WSE, especially in the first half.

Last week the Wig20 index ended up in the region of 1,936 pts., which means technically neutral levels and in the middle shelf of the consolidation between resistance in the region of 2,000 pts. and support in the area of 1900 pts.

The only element that is conducive to serious shifts is approaching the end of the month and quarter, which provokes institutional players pull indices aim to increase the value of portfolios.

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