Tuesday's session on Wall Street ended with modest increases in the major indexes. The main ones gained from 0.1 to 0.3 percent and the wide S&P500 having increased by 0.2 percent. Night trading of contracts on the S&P500 did not bring new impulses. Thus start of sessions in Europe may bring discounts induced by withdrawal on Wall Street at the end of the session but the potential drop will be rather cosmetic.
The macro calendar today is quite empty, therefore, to the rank of events increases the Friday speech of the Fed head, J. Yellen and investors are hoping for a more concrete signal about interest rates hike.
On the Warsaw market, yesterday's session in the basket of blue chips was dominated by discount of PZU and Pekao shares triggered by fears that the first will take over the second. Quite better acted the smaller companies. In conjunction with the breaking of the support in the region of 1,800 points the way to descend the WIG20 into area of 1,750 points was opened. In other words technique supports the continuation of the depreciation of the index of the largest companies, and fears about the future of PZU & Pekao does not help for the demand side for the deceleration of started last week correction.
Wednesday's morning trading on the currency market does not bring major changes in the valuation of the zloty against foreign currency. Polish currency is valued by investors as follows: EURPLN 4.3017, USDPLN 3.8150. Polish debt yields amount to 2,684% for 10-year bonds.