• WSE: After start on Wall Street

Market news

23 May 2016

WSE: After start on Wall Street

The market in the United States opened at neutral level and more importantly, over the support level. Currently the April lows is a key reference point. Last week was an opportunity to go down at the bottom, but it did not. Now that the bulls have their chance for a recovery and subsequent days will show whether they manage to overcome the support line.

On the Warsaw market puts a shadow of weakening of the zloty. The reason is a retreat from the assets of emerging countries as a result of a possible rate hike in the United States and the conflict between Poland-EU. There are also concerns that zloty may continue its downward movement.

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