• WSE: Before opening

Market news

8 April 2016

WSE: Before opening

Thursday's session on Wall Street ended with declines in major indices. The S&P500 index fell by 1.20 percent. The strengthening of the Japanese yen resulted in an increase of aversion to risk.

Night brought a strengthening of the dollar against the yen, although quotations of the contract for the S&P500 does not indicate a serious improvement in sentiment.

We expect today trying to calm down after yesterday's declines, and wait for a new week and the beginning of the season of quarterly results of US companies.

The Warsaw market may bother about the WIG20 situation, which is beginning to have serious trouble from the point of view of technical analysis. Breach of support at 1,900 points opens the way to a drop in the region of 1,800 points.

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