US stock indexes showed a slight increase. Falling of oil prices had a negative impact on the stocks of oil sector companies. Publication of the Fed’s meeting minutes has boosted investor confidence in the Fed to raise interest rates in June. Rising interest rates was negatively displayed on investor sentiment. Today, the central news of the day will be the publication of data on the number of initial unemployment claims in the United States, the reduction of which could reduce investors' concerns about the deteriorating situation in the labor market in the United States. The season of corporate reporting can improve the mood of investors, but to update the historical highs will be needed new incentives. Our medium-term outlook remains negative.
European stock indexes showed a slight decline on weak statistics for the euro area retail sales, which fell by 0.2% in February, which is two times worse than the forecast. At the same time, industrial orders in Germany fell by 0.9%, compared with an expected growth of 1.5%. Today it was announced that industrial production in Germany rose by 0.2% against the expected growth of 0.1%. UK trade deficit rose to 10.3 billion. Analysts had forecasted an increase to 8.9 billion. We continue to maintain a positive medium-term outlook for markets in the region due to the positive effect of the quantitative easing program.
Markets in the Asia-Pacific region showed strong growth. The Japanese market continues upward movement against the background of positive corporate reports of major corporations of the country. The fall of the yen has had a positive effect on the company's results. The growth in orders for machinery equipment slowed to 14.6%. The Hong Kong market has grown with the fastest pace since 2008. Tomorrow will be published important statistics on producer price index and the volume of new lending in China. We maintain a positive medium-term outlook for markets in the region.