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- WSE: Before opening
WSE: Before opening
Wall Street's main index ended yesterday's session with decline of 0.2% and it was a daily minimum. This is a signal of the lack of power to undermine indices from area of support levels. So slowly the supply side of the market should gain an advantage.
An important will be Friday speech of Janet Yellen, which should confirm the high probability of imminent changes in interest rates. So far, investors have quite calmly react to such a possibility, although it does not help for market sentiment. In practice there is no strong arguments for buying the shares, which was also helped yesterday's preliminary PMI readings. Europe and the United States are therefore again in the area of support levels.
In Asia, the mood is cautious and the parquets are dominated by the red color. In Japan and China drops reached 1% and this will not help the Warsaw Stock Exchange in the morning.
However our market yesterday could behave in an individual way and defend support at level of 1,800 points on the WIG20, although with the still unsatisfactory turnover and strong pressure from PZU, which shares have accumulated the greatest activity.
It must be remembered that the short-term trend remains downward, and yesterday's session did not do too much in terms of its changes.
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