WSE: Before opening

Today's session is not going to be very exciting due to the holiday in the US and the UK. Lack of trading on Wall Street means that the global capital markets will be deprived of a significant signpost and closed banks in London will translate into a considerable reduction of orders from foreign capital on the WSE.

In Asia, the volatility was not large, the markets were dominated by a slight rise and only the Nikkei rising more than 1%. From the point of view of the Warsaw Stock Exchange will be important that commodity prices are under slight pressure after reaction to Friday's words of Janet Yellen. The probability of a rate hike in June after the words of the head of the Fed increased from 30% to 34% and in July is already 60%. So the market is preparing for a July increase in the cost of money in the United States, which strengthens the dollar and puts pressure on emerging markets.

The Warsaw market caught a shortness of breath on Friday, but already noticeably rebounded from the level of 1,800 points.

The WIG20 index slowly begins to draw the consolidation, where the drop below the level of 1800 points will worse moods, and defeat by the bulls the level of 1,880 points will improve them. Today, however, will be hard to expect the movement of initiating a clear approach of either party.