• WSE: Before opening

Market news

1 December 2016

WSE: Before opening

Yesterday's session on Wall Street a little disappointed and ended at the session minima. Today we begin a new month, which will bring a series of macro data in the form of PMI and ISM index

However, markets are still impressed by yesterday's agreement between OPEC and Russia, which raised the price of oil. Asian markets resulted in a substantial rise in share prices of commodity and energy.

OPEC's decision has strengthened the markets of raw materials, which are associated with the segment of emerging markets. It supported the MSCI Emerging Markets and caused capital inflows also on the Warsaw Stock Exchange.

Unfortunately, Poland is an importer of raw materials and for this reason will not be a beneficiary of the same increases as Russia and Brazil.

In the morning, futures on the US indices slightly lose. At the end of trading in Asia climate also somewhat spoiled relative to levels seen earlier in the session. This means that the start of trading in Europe promises to be without emotions.

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