2026-01-07 08:55
publication
2026-01-07 08:55
During Tuesday's session on European stock exchanges, demand prevailed and the broad market index Stoxx Europe 600 rose to its highest level in history. Wall Street benchmarks also set records. The Dow Jones increased by nearly 1% and the S&P 500 by over 0.6% – emphasize analysts from the BNP Paribas Bank Brokerage House in their morning commentary.
Indices in Europe and the USA at the top. The boom continues
Yesterday, when trading on the Warsaw Stock Exchange was closed due to Epiphany, demand prevailed in Europe and the Stoxx Europe 600 broad market index rose to its highest level ever. The German DAX continued its series of increases and ended the day in positive territory for the sixth time in a row.
The leader in increases on the Old Continent was InPost. Shares of the Amsterdam-listed company rose by more than 25% yesterday. InPost received an initial proposal to take over all the company's shares. A special committee composed of members of the supervisory board and management board of InPost has been established to analyze all aspects of the potential transaction.
Wall Street benchmarks also set records. The Dow Jones rose by nearly 1% and the S&P 500 by over 0.6%. Companies related to artificial intelligence and semiconductor manufacturers are once again in buyers' sights.
Oil is cheaper after news about Venezuela
The situation in Venezuela did not have a major impact on the stock market. In turn, Brent crude oil prices fell to approximately USD 60 per barrel after Donald Trump announced on Tuesday that the Venezuelan authorities would transfer 30-50 million barrels of sanctioned crude oil to the US.
Monday's session on the WSE brought a slight recovery, after the WIG20 recorded the best first session of the year since 2009 on Friday. On Monday, the blue chip index fell by a modest 0.12%. However, again in the group of small and medium-sized companies the situation was much better. mWIG40 increased by 0.73% and sWIG80 gained 1.01%.
Important data from the labor market
Today's macroeconomic calendar includes, among others: ADP report. Investors will look for signals regarding the situation on the US labor market before Friday's publication of non-agricultural employment (payrolls). December's data will be the first data published on schedule since the announcement of the US government shutdown. The unemployment rate, mentioned by Jerome Powell at the last conference, as a barometer of the situation in the economy, may turn out to be crucial. Especially since after the shutdown it is difficult to interpret the number of new jobs, as there have been a lot of shifts in time.
Data on the situation on the US labor market have been closely watched in recent months in the context of possible further Fed decisions. The latest macroeconomic data from the US indicate deteriorating prospects for the overseas labor market, as well as weakening inflation, which should translate into a continuation of the cycle of cuts by the US central bank. In our opinion, after the December cut, the Fed will decide to make one more cut at the beginning of this year.
Dominik Osowski, Brokerage House of BNP Paribas Bank
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