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- WSE: Before opening
WSE: Before opening
Yesterday's session on Wall Street led to the growth of the S&P 500 index by 1.7%, which closed at session highs. Thus, the market recovered half of the losses from Friday and the morning behavior of contracts may be seen that after two days of recovery we may reckon with the first supply. Future contracts lose approx. 0.6%, which suppresses the previously observed optimism on Asian exchanges and may lead to a calmer early trading in Europe.
Thursday is another day of gains on Asian parquets. The Japanese Nikkei gains modest 0.5%, but we must remember that in this year Japan is one of the most overpriced markets, the same like China. Investments in the Chinese market in this year yielded investors a loss of more than 30%.
At the beginning of today's trading day reinforce the "safe" currency, namely the yen, dollar and CHF. Slight declines recorded oil and gold. We must also remember that institutional investors can "get ready" their portfolios at the end of the month and at the same time the first half of the year and try to improve their image, pulling indexes. Only Friday may be the date on which the determination of buyers will be actually proven.
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