European equities rise, selloff in the bond market, but equities are up. There are some interesting themes in the market today. Polish assets, insurance companies, polish stocks all doing well on the donald tusk victory, getting close to a victory. Polish assets responding strongly to that. By 13 points. Shell is up by 1. 3 , record high. We had been seeing a number of factors driving this. The most interesting one is that this is a company that pivoted away from renewables. It decided it was not getting the rate of return it wants, not getting the rating it wanted from the market. It wanted to be valued more like u. S. Majors. Maybe some evidence that that is really working. Alix shell sold its shale assets in the u. S. Will they have to go back in . Yields up, stocks up. Go figure. 10year yield up by eight basis points. Stocks dont care. The s p is up by 8. 2 . Tech outperforming, up by 1. 2 . Charles schwab up 6 . However, net interest revenue, 24 . We know why. Clients moving cash
The following are news stories, press reports and events that may affect Poland's financial markets on Wednesday. ALL TIMES GMT (Poland: GMT + 1 hour):