• WSE: Before opening

Market news

26 September 2016

WSE: Before opening

The new week on the markets begins with not very good mood. Poor closure of Wall Street on Friday - a decline of 0.6% and closing at daily minima resulted in clearer discounts in Asia. Such a distribution of forces will put pressure on the supply side of the markets in Europe after and so weak session on Friday.

In the macro calendar macro this morning we will know the reading of the Ifo index in Germany. Today begins also the informal meeting of OPEC countries, which will end on Wednesday and will have a major impact on the prices of crude oil, and thus the shares of oil companies. But the most important event of the day will be the first TV debate of the main candidates for president of the United States. It will be held on 21 am New York time (3:00 am Warsaw time). Positive behavior of the markets to maintain US interest rates unchanged, at very quickly gave way to fear of the elections in the US.

On the Warsaw market, the key element is still the level of 1,750 points on the index of the largest companies and the defeat or the lack of such a defeat will decide on the next trend on the Warsaw parquet.

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