02.09.2016 - We expect strong movements on the market today

American stock indexes showed continued consolidation in anticipation of important statistics on the labor market in the country (12:30 GMT), which traditionally has a strong influence on the assessment of the current state of the economy, but this time will greatly affect the expectations on the timing of the Fed raising interest rates. The tightening of monetary policy may be approved at the meeting of the Fed on September 20-21, which will be negatively displayed on the dynamics of stock market indices in the country. On Monday, in the US will be a day off. Our medium-term outlook remains negative and volatility today is likely to grow.

European stocks today show growth, despite the caution associated with the expectation of release of important statistics on the US labor market. The British market is supported by the recent report on business activity in the manufacturing sector of the country that has reduced concerns about the impact of the country's exit from the EU on its economy in the near future. On Monday, traders will continue to evaluate data from the US, but in the course of trading will affect retail sales data and the index of investor confidence in the Eurozone. Our medium-term outlook for the region's markets remains negative and we look forward to the beginning of the correction in the near future.

Markets in the Asia-Pacific region showed moderate optimism before the release of the US employment report, which will increase the turbulence on the markets. The growth of the yen against the background of the price correction negatively affected the local market. Today, in Japan was published data on consumer confidence index, which rose to 42.0, against 41.3 previously. On Monday the markets will assess the news from the US, as well as the speech of the head of the Bank of Japan Haruhiko Kuroda in which he may hint at enhancing incentives in the country. Our medium-term outlook remains negative.

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