• WSE: After start on Wall Street

Market news

3 August 2016

WSE: After start on Wall Street

The US data (ADP report showing the estimated change in employment in the United States in a given month, in the private sector outside agriculture) were slightly better than expected, but not enough to significantly deviate from the forecast to provoke serious reaction of markets. However, the reading of 179 thousand against a forecast of 170 thousand maintains the expectation that government data estimating the change in the number of jobs outside agriculture will be close to 180 thousand. Markets have adopted this report calmly.

On the Warsaw market develops correction which may call into question yesterday impetus for the entire index. The WIG20 went down despite the lack of discounts in Euroland, which creates a picture of a relative weakness of the Warsaw market.

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