US stocks fell yesterday against the backdrop of falling oil prices, as well as increasing the likelihood of growth of the Fed interest rates in June. Yesterday was published the data on the number of initial unemployment claims, which fell to 278 thousand against 294 thousand earlier. It is worth noting that today, little impact on the dynamics of trading will have data on home sales on the US secondary market (14:00 GMT). Support for the market will also be a recovery in oil prices after yesterday's correction. According to our estimates, in the coming weeks, there is a high probability of falling on US stock markets and the growth potential is limited.
European stock indexes show growth today against the background of positive dynamics in the energy sector shares. It is worth noting that the positive expectations about the results of the referendum on the UK's membership of the EU, supported the local market. In addition, statistics on the balance of production orders in the UK has improved. Thus, the figure totaled -8 that is 5 better than expected. On Monday will be published data on business activity in the euro area. We expect growth in the medium term, but look forward to reduction of the indexes in the coming weeks.
Markets in the Asia-Pacific region today showed moderate growth on the background of the oil price recovery. Today in Japan is held summit of chairmen of finance ministries and central banks of the G-7. At this summit, can be adopted important decisions that will affect the currency regulation. It is worth noting that on Monday will be published data on the trade balance and economic activity in Japan, which could affect the course of trading. The Australian market supported the rise in oil prices, but this dynamics may change in the near future. Our medium-term outlook remains positive, despite a likely drop of indexes in the coming weeks.