Thursday's session on Wall Street ended with modest changes in the major indexes. The DJIA and the S&P500 recorded a shift discernible only under a magnifying glass and the Nasdaq Composite moved 0.18 percent. From the perspective of European markets, it is worth to note the weaker second half of the day, in which a shadow has been cast on the market by the withdrawal of oil. The current valuation of the contract for the S&P500 is different from the valuation before the twelve hours of barely 0.1 per cent, then the trading in the US can be treated in terms of waiting before today's Labor Department report (14:30 Warsaw time).
The first half of the session in close proximity to the Warsaw Stock Exchange should just be waiting for the data from 14:30. The foreign exchange market already seems to wait for the US data stabilizing the EURUSD and USDJPY pairs. Part of emotion probably will be also focused on the oil market, which recently does not help bulls.
The WSE recently is strongly influenced by the condition of the PLN and trading is correlated with the weakness of the Polish currency to the dollar.
Investors have reasons to expect to decline of the index WIG20 to 1,800 points, where demand should become more aggressive. In the context of the condition of the zloty, it is worth to remember that today we will know a new candidate for President of the NBP (the Polish Central Bank).