• WSE: After start on Wall Street

Market news

21 June 2016

WSE: After start on Wall Street

The US market has opened up with a small rise and behaves relatively poor compare to still optimistic Europe. It is clearly seen that the fears of the British referendum, is there much less popular. It should also be noted that the US market is relatively stronger than the Euroland, so the possible information about staying UK in the structures of the EU does not necessarily prove sufficient fuel to a permanent "dump" of the US indices to new highs of long-term bull market. From the other side, if the Brexit would happen, it might be the convenient excuse to expand downward.

On the Warsaw market we are dealing with a noticeable weakening of the zloty against the dollar. At first a little disappointing (after calming weekend) surveys vs. Brexit and later, debilitating Eurodollar, speech of Mario Dragi were translated into USDPLN upward motion.

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