• WSE: After start on Wall Street

Market news

11 August 2016

WSE: After start on Wall Street

The beginning of trading on Wall Street took place on light pros. Today's increase goes further to defend the level of the narrow consolidation, although you may see that from the beginning of the week the volatility is low and de facto there is lack of idea what to do with the market. The market in the US likes to have arguments up in its sleeve for bigger changes, and these may come not earlier than tomorrow. In the afternoon, we met a series of data from the US (the number of new applications for unemployment benefits and prices data of import and export) that were not particularly important however indicate inflationary pressures in the US economy. It must be remembered that the more mentioned pressure will be evident, the more difficult it will be the Federal Reserve to justify the lack of rate hikes.

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