The morning reading of the ZEW index for the German economy proved to be much better than expected and rose from 49.8 points up to 57.6 points in anticipation of slight twitch to 50.2 points. Thus, analysts and managers quite noticeably revised their earlier pessimistic visions of the immediate impact of Brexit on the condition of the German economy. The data become to be support for the earlier downward image in Europe and both the DAX and the CAC40 virtually erased earlier losses. Unfortunately the Warsaw Exchange did not react on these impulses and declines are sustained. In the halfway of today's trading the WIG20 index was at the level of 1,847 points (-0,55%) ant with the turnover of PLN 210 mln.