It did not happen, however. Fed said it would lend USD 200bn to financial institutions. In addition, Fed and other central banks increased funds aimed at increasing fluency on the dollar money market. Stock exchanges welcomed the news. Commodities fell thanks to the appreciation of the dollar.
WIG20 ended 2.6 percent up at 2,949.43 points.
Banks were doing extremely well while commodities were not, except for
Petrolinvest oil exploration company which raised nearly 10 percent after a
successful share issue which attracted big institutional investors, including
Allianz or PZU.