Yesterday's trading on Wall Street ended with a slight, expected, declines. Tuesday morning is quiet with greater volatility visible only in case of falling by 1,3% Nikkei. Trade in Hong Kong today practically does not take place due to a typhoon, and the other parquets are dominated by small changes similar to those observed ones. Thus we may say that yesterday the worst of all the major markets preserved Europe.
Investors' attention will focus today on the presentation of project of the currency loans Act prepared by the office of the President. According to "Rzeczpospolita" the Act will be less severe for banks due to the awareness of the risks around the European banking sector and the relatively good condition of the national institutions. If these reports are confirmed we may be witnessing the positive market reaction to the less severe form of the Act, which should support the PLN and national banks. On the broad market is worth to pay attention to the data of PPI from the Euro Zone and the readings from the United States about expenditures and revenues.