Declining start on Wall Street does not help for quotations on the Warsaw market. The S&P500 index started trading from a clear "bear gap" and almost immediately went to test the minimum level of the first session of September.

It does not help us also the situation on the currency market. Today we will face a new, awaited decision on the rating of the Polish debt. The zloty, however, is not waiting for the decision of the agency and clearly losing on the broad market. The reason of the weakness is quite surprising rally of the dollar, which began yesterday after the decision of the European Central Bank. While the return of the US currency appreciation was a matter of time, whereas the rate of return is surprising. There are signs that the market does not negate the possibility of interest rate increases in September.

An hour before the end of the trading the WIG20 index was at the level of 1,757 points (-2,00%).