US stocks yesterday showed a slight increase on the background of the lack of important macroeconomic and temporary reduction of geopolitical risks in the Gaza Strip, in northern Iraq, as well as in connection with the direction of humanitarian aid to the war zone in Ukraine. Today the course of trading will be influenced by the data on the index of small business optimism (11:30 GMT), the number of vacancies (14:00 GMT) and the United States federal budget (18:00 GMT). Considering the weakness of the bulls, American markets are expected to decline in the medium term.
European stocks showed strong growth amid falling geopolitical tensions related to the situation in Gaza and Iraq, as well as in Ukraine. The index of leading economic indicators improved the mood of UK traders. Thus, the figure rose to 0.6% in June against a growth by 0.5% in May. Today, trade dynamics will be depend on the statistics on the index business sentiment Eurozone (09:00 GMT). Despite the recent correction, we maintain a medium-term negative outlook for European markets given the low inflation, weak macroeconomic indicators and the negative impact of Ukrainian crisis on economy of the EU.
Markets in the Asia-Pacific region rose following the American and European markets on news of the humanitarian mission of the Red Cross within eastern regions of Ukraine, which reduced geopolitical risks. Investors expect the statistics for industry, retail sales and investment in China, which will be released tomorrow. The Australian market is growing after the shares of mining companies and the decline of the yen supports Japanese investors. Despite this we maintain a medium-term negative outlook for the markets in the region.