The afternoon March data on construction permits and commenced construction projects were disappointing. Despite on a y/y basis there's some increase in the permits, the latter declined slightly in relation to the previous month and are at the lowest level of the year so far.

The market in the US starts trading from cautious growth - U.S. Stocks open: Dow +0.07%, Nasdaq +0.11%, S&P +0.19%

The Warsaw market, due to the favourable developments on the copper market, posted a noticeable upward move on KGHM shares which drove up the WIG20 index to the level of 1,960 points.