Last week on European stock exchanges was quite neutral. The DAX’s rise from the midweek has been confirmed only in the last hours of Friday’s trading. This means that the index has reached a new all-time high at 11 081 points. Investors uncertainty has been strengthened by Greek negotiations with Germans, who did not agree to the half year funding period proposal. Information about the agreement and staying in the Eurozone was public after the trading day.

European indices volatility was restored on Thursday, after three days of stagnation. Then, we found out about the lack of agreement between finance ministers of the Eurozone and Greece and about positive news from the summit in Minsk. Because the result of the Greek case may be unknown at least until Monday, impact of the agreement between the leaders of Germany, France, Ukraine and Russia on the market was noticeable immediately.

WEEKLY COMMENT MM PRIME TFI S.A. - February 9, 2015

Monthly market commentary - January 2015

The global stock exchanges have been ruled by its own laws last week. Warsaw indices slight growth was connected with Monday’s data from the Polish economy and the Wednesday’s Deputy Prime Minister Janusz Piechociński’s conference on a possible aid for Poles with Swiss franc loans.