WSE: Before opening

Tuesday's session on Wall Street ended with a modest changes in the major indexes. There was no impulse yesterday, which is worth to remember and will be important during today's trading. After a month of focus on the question "what the Fed will do in September?" the stock exchanges reached the day on which the whole trade will be dominated by reactions to the actions and signals from the central banks. We may expect that opening of European markets will be a simple reaction to today's decision of the BoJ and the related conference of the BoJ head.

However, investor's attention should quickly move in the direction of Wall Street and waiting for the evening decision of the Federal Open Market Committee. In the case of the Fed's decision is a lot of uncertainty, statements of the Fed indicated that in September will raise interest rates. The data indicate rather the lack of such action.

The session on the Warsaw market will be than strongly associated with other exchanges. The Fed's decision will appear after the close of trading in Warsaw, so a serious reaction we will see tomorrow.