• WSE: After start on Wall Street

Market news

11 May 2016

WSE: After start on Wall Street

U.S. Stocks open: Dow -0.37%, Nasdaq -0.25%, S&P -0.21%

Wall Street started the session in the context of declining oil prices, so the downward beginning directly corresponds to the raw material market. There is no surprise - yesterday's growth was built on good performance of oil prices. Europe had the opportunity to prepare for such a scenario, but locally more important turned out strengthening of the euro, which does not allow for the DAX to correct day's weakness.

For frozen in the consolidation the WIG20 opening in the US is less important. Barely PLN 290 mln of turnover on the index indicates that the WSE is waiting for a movement that will stand out from today suspension. In less than an hour we will will be data on stocks of fuel in the USA.

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