US stock markets finished yesterday's trading session around the previous close. Investors continue to monitor the corporate reporting season, which can become a driver to overcome the levels of all-time highs. It is worth noting that many companies showed weaker results against the strengthening US dollar. Today, the course of trading will be affected by the data on home sales on the secondary market (14: 0 GMT), as well as US crude oil inventories (14:30 GMT). For the continued growth, the market needs new incentives. We maintain a positive medium-term outlook for the US market, but in the near future we can see a correction.
European stock markets continue to show a high level of volatility amid speculation on restructuring Greek debt and a possible exit from the Eurozone countries. At the same time, the Bank of England left monetary policy settings unchanged. Activity of traders will remain high tomorrow in connection with the release of important statistics on manufacturing and service PMI, as well as retail sales in the UK. We maintain a positive medium-term outlook for the stock markets in the region due to the positive effect of the quantitative easing program and improving macroeconomic statistics.
Markets in the Asia-Pacific region show strong growth with the improvement in investor sentiment in Japan due to the decrease of the yen and Japan's trade surplus recorded for the first time since June 2012. Chinese investors continue to buy in anticipation of additional measures to stimulate the growth of the Chinese economy by the government. Tomorrow trading dynamics will depend on the manufacturing PMI data for Japan and China. Our medium-term outlook for the markets of the region remains positive.