American stock indexes showed a slight decline yesterday amid falling oil prices. This fact has led to a drop in the shares of the energy sector. It is worth noting that the number of vacancies in the US in June was 5.62 million vs. expected 5.52 million. Investors expect the publication of important statistics on retail sales in the US, which may affect investors' expectations regarding the timing of the Fed raising interest rates. Today, it is worth paying attention to the data on initial unemployment claims (12:30 GMT). Our medium-term outlook remains negative and we look forward to a soon resumption of decline.
European stock markets are mostly growing. Investors did not rush to with actions until tomorrow's publication of reports on the growth of GDP and industrial production in the euro area. The British market is declining under the pressure of long-term negative factors, due to the country's exit from the EU. It is worth mentioning that yesterday, the Bank of England was not able to buy the necessary amount of bonds within its asset purchase program to support economic growth in the country. Our medium-term outlook for European indices is negative and we are waiting for a decline in the coming weeks.
Markets in the Asia-Pacific region were moving in different directions. In Japan today, is a day off. Growth of volatility is forecasted tomorrow in connection with the release of vital statistics on industrial production and retail sales in China. It is worth noting that earlier in China, was released the data on inflation rate which is far from the target levels, which allows the local authorities to continue to stimulate the economy. Our medium-term outlook remains negative and we expect increased volatility in the coming weeks.