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- WSE: Mid session comment
WSE: Mid session comment
After the morning market activity and the subsequent stabilization, everything pointed to the fact that for trade with a more dynamic we will have to wait until the publication of data in the US. This did not happen and two hours prior to the publication of mentioned data atmosphere in the markets deteriorated, in theory in a quietest phase of the trade and the Warsaw market in the wake of the DAX went down below the minimum of the morning. It is difficult to find a direct cause of such weakness. Looking for a bit of force to explain the observed weakness should be mentioned concerns before too strong data which will have impact for further increase the likelihood of the December interest rate hikes in the US.
At the halfway point of the session the WIG20 index was at the level of 1,751 points (-0,60%).
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