US stock indexes continued to rise against the background of positive corporate news. Thus, General Electric decided to restructure the financial branch of the company. At the same time statistics on import prices, which in March fell by 0.3% and by 10.5% compared to the same period last year, had a negative impact on investor sentiment. Today, we expect low volatility. The course of trading today will affect the continuation of corporate reporting season. We maintain a positive medium-term outlook for the US market.
European stocks continued strong growth on positive investor sentiment, which was caused by the payment of Greece on the IMF loan. At the same time, European stock markets remain attractive against the background of the program of quantitative easing, growth in investment from the Middle East and Asia. Positive for the market also remained low oil prices. Industrial production in the UK showed an increase for the first time since the fall of last year, which amounted to 0.1%. We maintain a positive medium-term outlook for the major markets of Europe.
Markets in the Asia-Pacific region continued to grow. The Japanese market ended the first trading session about the previous close levels. The producer price index in Japan rose to 0.7% in March, against 0.4% in February. At the same time, domestic orders for engineering products in the country in February fell by 0.4% against the expected drop of 2.6%. Chinese markets continue to grow rapidly and we fear a strong correction after the rapid increase in the indexes in the country. Exports to China fell by 15% in March, which is 3% worse than the forecast. Given the signs of economic slowdown in China and the weak performance in Japan, we assume the possibility of a strong correction in the markets of the region, but for now keep medium-term positive outlook.