As we have already written on Temat.pl, the consequence of I tour changed the perception of the Polish economy in the world. The alleged increased force on gold means that investors are not certain which way the destiny of the country will turn. It affects uncertainty and tense choices. The course of the gold can so hesitate strongly.
So far, at the beginning of the day, the gold has lost its value to the euro and the dollar. This first course is more meaningful. The dollar rate began to fluctuate in consequence to the US rating downgrade anyway. On Friday, Moody's agency for the first time in past took the highest AAA rating from the United States and lowered it to AA1. But this besides reduced the appetite of investors for alleged risky assets, towards which Polish gold turned.
According to BNP Paribas analysts, the markets assumed Trzaskovsky's victory, and this stabilized the situation. Now the uncertainty grows, the course of the gold fluctuates. In the morning, our currency began with a drop of 2-3 cents against the world's major currencies but for a dollar that itself has problems.
How's the stock market?
This week's first session began with a decline. Just after the beginning of the WIG20 he pulled up by 1.5% and dropped below 2800 points. The most standing (after about 3%) values of state giants: PKO and Pekao. The shares of PGE, Orlen and PZU besides fell.
– The amazingly good consequence of Karol Nawrocki in the first circular of presidential elections in Poland, combined with the very advanced support of the Confederate candidates, makes the valuation of the likelihood of a win by Rafał Trzaskowski decreased powerfully yesterday, as stated in Kamil Cisowski, manager of the Analysis and Investment Advisory squad DI Xelion.
– Today's acting of the GPW will be a litmus paper for her possible reaction after the second circular if it ends with the triumph of the PiS candidate," she adds.
