Yesterday's session on Wall Street was another unsuccessful one. The S&P fell by almost 2% and closed below the support levels in the form of the April-May's lows.

Yesterday the rating agency Standard & Poor's downgraded the UK from their highest classification of "AAA" immediately by two notches to "AA -" indicating that the prospect here is also negative. In the follow of the S&P, the Fitch agency also downgraded on Monday the level of creditworthiness of the UK from the second highest level of "AA +" to "AA" and also with a negative outlook - which means that it is not excluded further degradation.

Today in the morning we see the strengthening of the pound, which may indicate that not so many people took the warning of agency seriously, probably because they were all aware of it since Friday. Contracts in the US also rebound and gaining approx. 1%. The prices of oil and copper are rising and the price of gold is declining. This may indicate improving the investment climate. Morning mood in Asia are balanced, although the increases do not exceed 1%.

Everything points to the fact that today's session should take place in a better mood than yesterday. It is worth to pay attention today to the shareholders' meetings of large state-owned companies: KGHM, Lotos, PGNiG and PGE. Particularly important will be the final approval of the dividends.