American investors were disappointed with the publication of weak statistics on the manufacturing PMI in the US in August, which unexpectedly fell to 49.4 vs. predicted 52.00 and the previous figure of 52.6. It is worth noting that stocks of finished goods inventories fell for the third month in a row on fears about the future prospects of growth of demand. Today, the volatility on the US markets will grow significantly after the publication of a report on employment in the country. In case of growth of confidence in the Federal Reserve raising interest rates this year against the background of positive dynamics in employment, we expect the fall of the index in the country. Our medium-term outlook remains negative and we look forward to the beginning of the correction in the near future.