• WSE: Before opening

Market news

22 December 2016

WSE: Before opening

Wednesday brought declines in major indices on the New York stock exchanges. Dow Jones was not able to overcome the barrier of 20 000 points, however in the first part of the session was close to that goal. The dollar weakened against the euro and the yen, and oil become cheaper after the publication of data on stocks of fuel.

The Dow Jones Industrial dropped at the closing of 0.16 percent, the S&P500 lost 0.25 per cent, while the Nasdaq Comp. went down by 0.23 percent. The market feels already pre-Christmas mood and investor activity decreases.

On the market there is a noticeable pressure of the supply side on the main raw materials: oil and copper and the Asian parquets are dominates by the red color. Add to this slight discount of contracts in the United States. Thus, the mood in the morning can mean a return to an earlier consolidation.

The macro calendar will show today data on GDP growth in the US in the third quarter and information about the income and expenditure of Americans and orders for durable goods. It will not be data that could significantly change the balance of power in today's session.

Market Focus
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