Wall Street has had more sessions, which indicates that the market is looking for a correction kwietniowo-the May repricing. On Monday, the search was interrupted by Moody's, which are reducing the rating for Greece to junk pushed the markets to the south. However, Europe was able to go to that fact on the agenda for the American players took over from growing markets. The result was not only a correct opening, but clearly a stable upward trend during the day, which amounted to about two per cent index advantages.
No doubt part of the power of bulls added increase in risk appetite, which was a clear indication of the barrier above the euro-dollar march 1.2300. Overcoming this level is a clear sign that the market return over 1.2000 today's most important currency pair is intended to test the psychological and technical resistance around 1.2500. Decline of the dollar has also raised the price of oil, who beat $ 75. This resulted in increases of raw materials companies. The atmosphere was so day to nearly goods gained 2.4 percent yesterday shares in a company BP, which is said to be that awaits her on bankruptcy-related compensation for oil spill from a platform in the Gulf of Mexico.
The comments section can find some information that good session on Wall Street, the correct data correspond with an index of macro economic activity in the New York area at the head, but just look at the chart the S & P500 that it has become clear that this technique was crucial. After Monday's defeat of the bulls to the downward trend line and resistance in the region of 1,105 points Tuesday brought two buy signals - 1,105 puncture point and the downward trend line, which accounted for nearly two months of discounting. Some players can even speculate that yesterday was closed tightly double bottom formation with growth potential in the region of 1170 points. For the canonical system but lacks the market. Low market activity during violations of resistance does not speak well about the strength of the bulls.
But increases have moved to Asia, where the Polish time before 7:00 Tokyo the Nikkei gained 2 percent. Value of the euro-dollar is also rising and is expected to at least attempts to deal with increases in Europe. A simple comparison of the longest recorded in Europe with the German DAX, S & P 500 shows that after the close of the session in Frankfurt, the average American has made more than 1 percent, and closed with a similar build up to 2.3 percent, the DAX gained 0.8 percent. Also WSE should eat to improve the atmosphere for świecie.Bykom will help gold, which strengthened after the close Tuesday's trading in Warsaw and maintains its morning strength.
outlook calendar with the macro-morning phase of the session promises to be particularly dangerous for the bulls. Actually, the first reports, which could arouse emotions today are the U.S. PPI data. Note, however, the markets should focus more on the dynamics of industrial production, which will not appear until about 15:15. Perhaps some players will wait for the results or Fedex-u - A company involved in the carriage of mail - which is sometimes the condition is considered as an indicator of economic activity. The scenario appears to be written - Stock Exchange opens in positive territory, in the next hours, give up the mood in the world.
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