Weekly comment MM Prime TFI - November 2, 2015
Last week was an example of disassociation of movements on the Warsaw Stock Exchange with world's major indices, where stabilization after a strong previous week was noticed. The German DAX rose by 0.5%, the French CAC40 index was down by 0,5%. Changes on Wall Street were even smaller – the DJIA rose 0.2%, while the S&P 500 by 0.1%. Publication season is in progress, but the highest volatility is generated FOMC meeting. More hawkish message only temporarily worsened sentiment as investors may perceive it as well in terms of reducing risks to the global economy and the expectations of the return of strong US labor market.