Wednesday's session on the New York stock exchanges brought growth in the major indexes. The Dow Jones Industrial rose at the close of 0.52 percent, the S&P500 was firmer by 0.50 percent and the Nasdaq Comp. gained 0.64 percent. On Wednesday, Janet Yellen repeated the arguments contained in the delivered one day before to the Senate Committee speech, that the Federal Reserve should not delay the next rate hike. Data from the US economy indicate an increase in inflationary pressures, which, together with the occurrence of Janet Yellen to Congress reinforces expectations of a rate hike in the USA.
Possible optimism may dampen somewhat mixed behavior of Asian parquets, where the weaker dollar has not been welcomed in Tokyo. Other markets are dominated by caution and fear of the risks associated with technical overbuying.
Today's calendar is almost empty and rather should not be a source of serious pulses. This can promote stability, for which the preferences were seen yesterday in Warsaw and Frankfurt.