Tuesday's session on the New York stock markets brought the strongest for two months increases of the major indexes, which gained approximately 1.25 percent. The growth driver was the nearly 3% increase in crude prices. Optimistic mood in the US is somewhat tempered by night revocation of contracts on the S&P500, but while current sentiment is maintained, the opening in Europe should be positive.

Taking into account the fact that the news calendar does not have any other important item for today other than fuel inventories in the US, and yesterday's growth in the US was based on the oil price hike, the stock markets will rather be influenced by the markets of raw materials and any hints of today's US stock indices behavior. At the moment, both crude and the S&P500 contract show modest declines and confirm the sensitivity of the market price of the raw materials. The last two weeks also show the sensitivity of European markets to the relationship between the euro and the dollar. It is also worth to pay attention to a danger for the shares implied by correction on the chart of the USDJPY pair.

The Warsaw market is also sensitive to the currency rate fluctuations. The WIG20 shows a correlation with the condition of PLN, and the prospects of PLN are being reassessed in anticipation of ratings updates for the Polish debt. Till the end of the week the WSE may extend its "separation" from the core markets focusing more on the negative sentiment around Polish assets.