US stock indexes showed strong growth after the publication of statistics on employment in the United States. Thus, the unemployment rate fell by 0.1% in April to 5.4%, in line with analysts' forecasts. The number of jobs outside the agricultural sector in the US grew by 223 thousand, against expected 228 thousand. This fact reinforces the confidence of investors in the future growth of the stock markets. At the same time corporate reporting season shows the results better than expected. Today, we are likely to see continued growth that is limited by historical highs. We keep medium-term positive outlook, but we can once again see the price correction.
European stocks showed strong growth due to the positive statistics from the US labor market, which leveled the weak data on industrial production in Germany, which declined by 0.5% against the expected growth of 0.4%. At the same time convincing victory of the Conservative Party at the parliamentary elections in the UK has improved investor sentiment. Despite this, David Cameron has promised to hold a referendum on Britain's membership in the European Union in the coming years. Today and tomorrow, the focus of investors will be on the meeting of ministers of finance and economy which will consider issues related to the Greek debt crisis. Our medium-term outlook for the market in the region remains positive.
Markets in the Asia-Pacific region showed strong growth against the background of the positive sentiment of US investors. At the same time, the main reason for the growth was the news on the reduction of interest rates by the People's Bank of China at 0.25% to 5.1% for loans and to 2.25% on deposits. The move aims to support consumption and economic growth in the country. Tomorrow will be published a draft budget of Australia, which could lead to increased volatility, but the central event in the region will be the publication of data on industrial production in China, which will be published on Wednesday. Our medium-term outlook for the market in the region remains positive.