• WSE: Before opening

Market news

10 August 2016

WSE: Before opening

Tuesday's session on Wall Street ended with a modest changes in the major indexes. The S&P500 finished the day rising by 0.04 percent and Wall Street has had another day of consolidation at levels reached at the last Friday session.

It should be noted quite a difference between the flat end in the US and a strong rise in the German DAX, which rose yesterday by 2.5 percent, mainly on a wave of good quarterly results of companies. Parting of markets on this scale may end up with back of the DAX to the line.

Today's macro calendar day plan contains no reports worthy of attention.

The Warsaw market is influenced by two variables - good posture of emerging markets basket and rebound of bear market in shares of banks. There is also important, of course, behavior of developed markets, which glide on annual maximums. If all these variables will be further arranged in the positive growth factors, the WIG20 index will have a chance to cover "after-brexit" gap on the chart and go over 1,850 points.

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