• WSE: Before opening

Market news

5 January 2017

WSE: Before opening

Wednesday's session on the New York stock exchange ended with increases in the major indexes. The Dow Jones Industrial rose at the close of 0.30 percent, the S&P 500 was firmer by 0.57 percent and the Nasdaq Comp. went up by 0.88 percent.

The minutes published after the December meeting of the Federal Reserve indicates that its members can raise growth forecasts for the US economy because of the prospect of fiscal loosening. At the same time, however, some members indicated that further strengthening of the dollar could have a negative impact on inflation and this fact has been noticed by investors. As a result, weakens the dollar, more expensive are raw materials and rising Asian stock markets, outside Tokyo, where the Nikkei index lost due to the strengthening of the yen. Also helps good data from China, better PMI for the services sector and stronger yuan.

Therefore, it is particularly favorable environment for emerging markets and can help to defeat the level of 2,000 points by the WIG20 index.

In the case of the Polish market, today's session will be the last before a long weekend.

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