WSE: Before opening
20.05.2016, 06:26

WSE: Before opening

Thursday's session on Wall Street was dominated by speculation about the June rate hike. When Europe ended its trading the S&P500 index only looked for the bottom of the session and shortly after the close of trading in Frankfurt rebounded, reducing drop by several points. The loss of the S&P500 was barely by 7 points, so the second half of the US session was better and now growing contracts for the DAX and the S&P500 predict an increase in the DAX at the opening. It will not reduce the yesterday's loss in Germany, but a change of mood in the environment will be clear.

On the Warsaw Stock Exchange we are at an important point of the WIG20. Yesterday's drop in Warsaw caused as much by pressure from the environment, as weakening of Polish zloty was translated into not only a strong sell-off, but also a violation by the index of the psychological barrier of 1,800 points.

The potential morning growth in Europe may strengthen the already observed appetites of bulls on defense support in the region of 1,800 points. We also see a slight improvement in trading of the domestic currency, which should help the demand side.

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