WSE: After start on Wall Street

Market news

13 January 2017

WSE: After start on Wall Street

The market on Wall Street took off with optimism, the first transactions surprise positively and the S&P500 index is rising by more than 0.3 percent. This favorable situation has been noticed in Europe. However on the Warsaw Stock Exchange any reaction is not seen. Clearly weaker today the WIG20 seems to be sentenced for decline at the end of the day. But we have to keep in mind the low turnover, which reduces the credibility of discounts.

An hour before the close of trading the WIG20 index was at the level of 2,014 points (-0,43%).

U.S.: Business inventories , November 0.7% (forecast 0.5%)

The dollar strengthened against other major currencies, supported by strong data on producer prices, which offset the negative impact of the retail sales report. Currently EUR / USD traded at $ 1.0623. Strong support - $ 1.0545 (MA 200 H1)

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