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- WSE: Mid session comment
WSE: Mid session comment
Consecutive hours of trading resulted in an increase in the value of the European currency and weakening of Euroland markets, where the DAX lost already almost 2%, and the CAC40 1.5%. The environment therefore puts pressure on the Warsaw Stock Exchange, although the latter, having features of an emerging market, is not so strongly correlated with the developed European markets. Preservation of the current environment can still have implications for the WSE, as the Euro markets took over the movement in the currency market, where the EUR/USD pair is now at highs of February.
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