Yesterday’s session on Wall Street ended with slight declines and the S&P500 index ended trading with a discount of 0.5%. In Asia, the mood is not the worst, and only China is clearly dominated by the red color, index in Shanghai discounts up to 1%. The Japanese Nikkei lost cosmetically and on other parquets we may see the light increases. Futures market in the US looks quite stable.
Today begins a symposium in Jackson Hole, and yesterday we could see the first changes in the markets in view of possible incoming impulses from there. Strengthened the US dollar and on equity markets investors have become more cautious.
In today’s macro calendar in the morning will be announced macro data from Germany in the form of the Ifo institute index. In the afternoon in the US will be announced orders for durable goods.
The Warsaw market is fighting to stop the downward movement. Upcoming speech by Janet Yellen will not help, but on the other hand, the global situation is not so tense to seriously interfered with at least stabilization of the market over the level of 1,775 points.
Thursday morning trading on the currency market does not bring any significant changes to the valuation of the zloty against foreign currency. Polish currency is valued by the market as follows: PLN 4.3084 per euro, 3.8230 PLN against the US dollar. Yields on Polish debt amounts to 2,663% for 10-year bonds.