Things looking rosy in Warsaw

Due to the strengthening of the dollar, the performance of the American stock exchanges was not so impressive in Q1 2015. In Europe the capital markets are being helped by an influx of cash in the form of the quantitative easing of monetary policy (the buying up of treasury bonds by the European Central Bank), which was so successful for the stock exchanges across the ocean. Combined with the ever improving indexes of the most important economies in Europe, this has created a very good mix for continuing growth on the Old Continent. The only threat is the relatively long growth period on these markets. So a purely technical correction seems natural, even more so because according to the historical data, the period between March and June has been the weakest for the global stock exchanges in the last three to four years. Meanwhile, it is the weaker euro (resulting from the ECB’s activities) that is driving the European economy, in terms of the boost to exports, and it will be this