WSE: Before opening
07.07.2016, 06:19

WSE: Before opening

After yesterday's session in the US where the S&P500 index gained 0.54% and closed at daily highs, it seems that today we may expect some growth on the markets.

Another day strengthened the Japanese yen and gold, on the other hand, since this morning we have a small correction in the dollar and the Swiss franc. Investors from the beginning of the session for the Asian markets are clearly hesitant as to the direction that they should take. On the one hand, yesterday's behavior of overseas parquets gave a little courage for buyers, but awareness of the dangers that arise on the horizon does not allow buyers to develop wings and causes that assets considered as "safe havens" such as gold and the yen are still more expensive.

In the morning in Asia is dominated by the green color, although with some exceptions, such as the Nikkei index, falling in response to the still strong yen. Europe, however, gets a chance to fight for reflection after a disastrous first part of the week, and the Warsaw Stock Exchange should take advantage of it. The scale of the possible reaction in Warsaw will be able to build up a new opinion about the condition of our market, which yesterday was not the best.

Additionally, today will flow to the market quite a lot of macro data, including industrial production in Germany, Norway and the UK as well as data from the US labor market, which can kick-start trade in Europe. We have to remember that there is a heavy atmosphere on the market and subsequent bad data will be intensified desire for selling off the shares.

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