Thursday's session on Wall Street began the index increases, but even in the first halves markets retreated to levels known from Wednesday's closing, where there are consolidations. After the dynamic sessions the previous day of consolidation seemed fully justified, but the tip yielded an increased activity of buyers and appropriately in an hour earlier losses were odrobione. Balance sheet date are increases in average from 0.7 to 1.2 percent.
The sites do not lack information, that the upsurge stand a better than expected macro data, but enough look at the chart the S & P500, that it has become clear that Wall Street appeared a two-week correction repricing, which on Wednesday brought the local line piercing the downward trend of consolidation and dislocation on the level of 1040 points. Thursday was a simple consequence of the previous day's success odniesionego bulls. Technically looking puncture point in 1040 opened the way to fight the resistance located in the vicinity of 1100 points, which in itself promotes the continuation of Thursday's rebound.
Gainers moved to Asia, where about 6:30 Polish time Tokyo's Nikkei gained 0.5 percent. However, the balance of power on the foreign exchange market no longer favors bulls. A surprising rise in interest rates in South Korea cosmetically, but they raised the risk aversion and the morning brings the weakening euro against the dollar. Pair subdued zloty, but no new element can not see helping the bulls.
In the context of the euro and weaker growth in Europe in the session of yesterday morning, ought not to bring European players more excitement. WSE will be no exception. In subsequent hours, the focus should be expected on Wall Street, which is faced with the task of maintaining a good atmosphere after two days of dynamic growth. Looking at the calendar macro is hard to find the really important data, but in the context of yesterday's positive surprise report from Germany - industrial production rose by 2.6 percent from 0.9 percent forecast - today's data from France showing the dynamics of production may raise a bit of emotion. The report appears in the opening exchanges, so its influence must be limited.
In the U.S. there is today reporting that price shock, so przedsesyjne mood will focus rather on the overall climate in the market declines than a correction on the elements of the macro. The obligation should be noted, however, that at 16:00 will be made public data on stocks of wholesalers, which does not say much about the condition of U.S. economy and the same time pre-empt the publication of the fact that the reaction of the WSE - if you already will be - will hardly ba result of fixing. In conclusion, on the threshold of the session, it seems that the best scenario for the WIG20 index will be another quiet day in which the low activity of assessments will determine the total quotation.
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