• WSE: Before opening

Market news

27 July 2016

WSE: Before opening

Tuesday's session on Wall Street ended on neutral levels and the S&P500 index gained 0.03 percent, so we may expect that openings in Europe will not be particularly exciting. It is worth to note the increase in the share price of Apple in post-session trade - associated with the quarterly results, which turned out to be better than expected at both the net profit and revenue. In response to the results of the share price of Apple's in post-session trade grew more than 5 percent

Warsaw WIG20 index is trying to move away from the level of 1,800 points, but with rather weak attempts. The credibility of the market does not improve low turnover, which signals the summer phase of the trade.

The attention of investors on the Warsaw market should be focused on the banking sector. To the familiar theme of currency loans today comes news that UniCredit is considering a full exit from shareholding of Polish bank Pekao SA (WSE: PEO).

During today's session, there is no significant macroeconomic publications from the domestic market. Investors will focus on the ending of the Fed meeting. No one expects the FOMC hikes interest rate, however, any clues will be searched as to the likelihood of the loan price increase at the September meeting of the American central bank authorities.

From the currencies point of view, on the most currency pairs linked to PLN we may see consolidation in anticipation of a new impetus to trade.

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