Monday's celebration on Wall Street yesterday had already chill Stock Exchange, where trading in the WIG20 index was less than 350 million. It was no different today in Asia, where the market and in the shallow Note the absence of new stimuli players focused on the currency market. In the first half of the session, a stronger yen put a shadow on Japanese exporters, but around 6:00 Polish time have been better and the wave of consolidation pair EUR / USD and USD / JPY - indicating increased tolerance for risk - helped lift the Nikkei index of 0.4 percent.
But the strengthening euro-dollar cosmetic and slight increase in contracts for the S & P500 does not promise any fireworks optimism on the openings in Europe. Therefore to be expected rather flat start in the next summer session. Glance Macro on the calendar indicates that emotions can bring only data from the U.S., where he will be reading the ISM index for the services sector, but the same index, and the time of its publication (16:00) should not dramatically affect the outcome of the session in Warsaw. Indeed, the week is pretty poor in the macro, so the tension of waiting for the publication is less.
Everything therefore seems to indicate that begins Tuesday in Warsaw, quietly and by the end of the market will be sentenced on the mood in the environment. Actually the only thing which should be recorded before the session in Warsaw is the night weakening of the zloty, which has received most of yesterday's gains against the dollar, but with the well-being of the euro against the dollar also seeks to strengthen the Polish currency. Generally, couples zloty should not have to translate the morning on the WSE.
Looking to the future it should be noted that last week's declines on Wall Street threw indexes S & P500 and Nasdaq Composite below important support levels (1040 points for the S & P500), but also approached both mean the psychological barriers (1000 points for the S & , P500 and 2000 points for the Nasdaq Composite). Today, therefore, need to change about 20-point movement of the index S & P500, that one of the barriers have been broken. Having to wait for quarterly results and reassure the market after two weeks of hard to expect markdowns on Wall Street today that there will be technical breakthrough.
0 comments:
Post a Comment