15.12.2015 - The situation on the markets remains unstable
US stock indexes corrected yesterday after a sharp fall last week. The uncertainty on the market increases the tension and leads investors to fix the position before tomorrow's Fed statement on monetary policy. Rising interest rates will have a negative impact on the stock market, but the focus will be on the regulator's plans with respect to monetary policy in 2016. Today a strong influence will have the news the consumer price index in the United States (13:30 GMT), the growth of which will increase the likelihood of a more hawkish mood of the Fed. We expect strong price movements today and tomorrow. Our medium-term outlook remains positive, but it may be revised in the near future.
European stocks today show strong growth after the decline yesterday, caused by a strong fall in the United States and rising tensions among investors before the Fed statement on monetary policy tomorrow. Today was published data on the consumer price index in the UK, which in November was 0.1% compared to the same period last year, which has met the average forecast of the market. It is worth noting that the index of business sentiment in Germany in December rose to 33.9 against 34.4 expected. The employment rate in the euro area increased by 0.3% in the third quarter, which is 0.1% more than the forecast. Our medium-term view on European indexes remained positive due to the influence of the quantitative easing program, low oil prices and a weaker euro.
Major stock markets in the Asia-Pacific region showed a negative trend due to the anticipation of tomorrow's Fed decision on monetary policy in the United States. Raising interest rates is negatively displayed on the emerging markets because of growth in the value of money. At the same time it is worth noting the positive trends in the Chinese economy, where industrial production growth started to accelerate after slowing down for a considerable period of the year. RBA said that growth will strengthen in the next two years and the situation on the labor market will continue to improve by reducing reliance on the mining sector in the country. Our medium-term outlook for the region's markets is optimistic, but we are waiting for strong fluctuations on the markets in the near future.