On Saturday early morning we met a long-awaited decision by Moody's rating on the Polish debt. In the context of the same expectations veer between the credit rating declines we may speak about a positive surprise, as the same rating remained unchanged. It has been reduced only his perspective, to negative.

Such a turn of events the morning is positively reflected in the domestic currency, which abruptly strengthened to most currencies of approx. 0.7%.

The positive impact should also be seen on the stock exchange, which should be supported in the defense area level of 1,800 points. As a rule, the impact of the rating on the stock exchange should be less than what is observed in the case of currency or bonds.

Another factor affecting the Warsaw Stock Exchange is the external situation. This is heterogeneous. Friday's session on Wall Street was poor and characterized by a decline of nearly 0.9%. As shown the last Thursday, it does not necessarily mean clearly a difficult session in Europe, although the start probably will not belong to particularly successful ones. As a support can be a neutral behavior of Asian parquets despite weaker economic data from China indicated during the weekend. The beginning of the Asian session was even positive, but the end of it runs in bad moods.