The futures market (WSE: FW20M16) began the trading with a decline of 0.55% to 1,813 points.

WIG20 index opened at 1817.47 points (-0.08%)*

WIG 45968.72 -0.16%

WIG30 2014.51 -0.23%

mWIG40 3495.01 -0.05%

*/ - change to previous close

The cash market opened in a more balanced way, with a modest decline of 0.08% to 1,817 points and at low turnover. Worse is the German market, where the opening of the cash market is clearly downward and discounts of the DAX reach 0.5%, which actually begins to be threaten as the breaking out the bottom of the consolidation.

While today our market completely ignored the behavior of Euroland, we need to be aware that indefinitely such a play will not succeed, and if there a slump in the German market will appear, sooner or later a rebound in the form of deterioration in sentiment should hit us.