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.

Last week on global stock exchanges was dominated by bulls. All because of expected Thursday's ECB decision to introduce anticipated asset purchase program. Increased appetite for growth was connected, for example, with Wednesday’s leaks about a possible QE value of up to 50 bn EUR a month until December 2016.