American stock indices ended the trading session with a minimal change, despite the presentation of new products by Apple, which has traditionally been an important event for technology companies. The Beige Book, which was published yesterday noted a modest or moderate growth in the 12 regions of the country. Today, the movement of the energy sector shares will greatly affect data on US oil inventories that may fall on the background of supply disruptions from the Gulf of Mexico due to a tropical storm. Major stock indexes in the country will continue to consolidate over time, indicating that a strong move in the future. Our medium-term outlook remains negative and we expect the beginning of reduction in the near future.
European stock indexes are now moving around yesterday's closing levels amid expectations of a press conference by ECB President Mario Draghi (12:30 GMT). We do not expect to expanding incentives today, but hints at providing additional liquidity will support the optimism in the markets before the end of the year. The British pound shows moderate optimism in spite of the contradictory statistics on the industry in the country, which was published yesterday. To continue the growth on the region’s markets is needed new incentives. Our medium-term outlook remains negative.
Markets in the Asia-Pacific region were moving in different directions. The Japanese market fell slightly under the pressure of the recent strengthening of the yen. It is worth noting that Japan's GDP growth was 0.2% in the second quarter against the forecast of 0.0%. Chinese investors positively assessed the data on the growth of imports in the country, indicating that the improvement in consumer sentiment. Overall, the trade surplus in the world's second largest economy was 52.1 billion dollars against forecasted 57.9 billion dollars. Our medium-term outlook remains negative and we are waiting for increased volatility in the near future.