American stock indexes are consolidates below historical highs before the decision of the Federal Open Market Committee of the US Federal Reserve, which will be published on 16-th December. Also yesterday, a negative for the market was the decline in oil prices to their lowest levels in the last 7 years, against the background of the abolition of quotas for oil production at 30 million barrels OPEC. Today, the dynamics of trading will be affected news index of small business optimism in the US (11:00 GMT) and the number of vacancies on the labor market in the US (15:00 GMT). To continue the growth markets need new incentives. We save medium-term positive outlook, but the probability of a decrease in the markets after the current consolidation has increased significantly.
European stock markets are down today amid uncertainty about the prospects for growth in global stock markets after raising interest rates of the Fed, which is possible after the Fed's meeting on 15-16 December. Today was published data on GDP growth in the euro area in the third quarter by 0.3%, in line with analysts' expectations. In the UK was released a report on industrial production in the country, the volume of which rose by 0.1% in October against the expected lack of growth. Negative for investors has become weak data on the trade balance in China. Despite the current uncertainty, we expect continued growth in the markets of the region due to the positive effect of the quantitative easing program and the decline of the euro.
Major stock indexes Asia-Pacific region today showed decline after the release of statistics on the trade balance in China. Thus, the trade surplus is the second largest economy in the world totaled 54.1 billion dollars against 64.2 billion forecast. Exports fell by 6.8% and imports by 8.7% compared to the same period last year. This growth of Japan's GDP by 0.3% in the third quarter against the previous decline of 0.2% was not able to change the mood of investors. Falling of oil prices is negatively displayed on the attractiveness of the Australian assets. We maintain an optimistic outlook for the markets of the region, but we can see a substantial correction after Christmas.