• WSE: Before opening

Market news

14 February 2017

WSE: Before opening

Yesterday's session on Wall Street brought another consecutive record highs in main indices and the market continues the "Trump rally". The Dow Jones Industrial rose at the close of 0.70 percent, the S&P500 went up by 0.52 percent and the Nasdaq Comp. gained 0.52 percent.

In the morning, we may notice a scratch on the growth wave of capital markets, it is the Japanese Nikkei, which falls by more than 1%. On the other Asian parquets there is also some caution, though losses are rather cosmetic. Contracts in the US in the morning go slightly down and may cool the mood of the Old Continent.

On the Warsaw market worse can cope today Orange (WSE: OPL), which due to a large write-off reported a loss in the fourth quarter of nearly PLN 2 billion. In addition, they do not intend to recommend the payment of a dividend. This can be a tough day for Orange, as dividend is the main incentive to hold its shares.

In the afternoon, Janet Yellen will present a semi-annual report on monetary policy. An important issue will be the attitude to March as the date for a potential increase in interest rates.

In Europe, we will see a series of data on GDP and ZEW index in Germany, which, however, should not affect moods noticeably.

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