Market news
30.03.2016, 06:28

WSE: Before opening

Tuesday's session on Wall Street can be divided into two parts which are separated by speech of Janet Yellen.

Investors found out in the theses of Ms. Yellen signals that the Federal Reserve will take into account the risk that draw around the US economy and a possible drop in oil prices.

Market reactions were clear - the EUR / USD and USD / JPY currency pairs have responded with strong movements weaken the US currency. Wall Street raised the share price and Nasdaq Composite gained 1.7 percent, the DJIA rose by 0.6 percent and the broad S&P 500 added 0.9 percent.

In this context it seems to assume that in the morning also Europe will follow the path of the US, but it is worth to pay attention to the Nikkei, which focused more on the strengthening of the yen against the dollar than the Wall Street reactions to Yellen speech.

However, the contract for the DAX-a indicates that the DAX index may gain about 0.5 percent at the opening and the Warsaw market should feel the pressure of the core markets today.

Also we can not forget about the technical situation on the WIG20 index which consolidating yesterday in the area of ​​1950 points built a base to attack the region of 1,970 points.

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