Tuesday's session on Wall Street ended with declines in major indices in the context of clear correlation. Night did not bring major changes, and the valuation of contracts on the S&P500 and the DAX signal now opening in Europe without significant changes. However the corrective mood on Wall Street will be difficult to ignore.

Today's calendar of economic reports in the world is virtually empty. Global markets are waiting for the publication of the minutes of the last FOMC meeting.

It is reasonable to assume that the core markets have space for correction, which may result for the S&P500 meeting with the region of 2,200 points. In the case of emerging markets - an important point of reference for the WIG20 index and the Warsaw Stock Exchange - the last two sessions are something more than a warning before correction. In recent times, the emerging markets segment had almost euphoric phase of growth and the Tuesday counterattack of supply must be noticed also in Warsaw. There is no doubt that emerging markets are on the verge of correction.