Major US stock indexes showed a decline yesterday on weak quarterly reporting of the world's largest public company Apple. It is also worth noting that the US indexes are near historic highs, and to overcome them is required a significant incentive. Today, the course of trading will be affected by the data on the number of initial unemployment claims in the US (12:30 GMT) and the index of leading US economic indicators for June (14:00 GMT). Our medium-term outlook for the market in the region remains positive, but in the near future we expect a fall on the stock markets of the country.
Major European stock indexes fell yesterday and continued to correct after the strong growth during the previous week. It is worth noting that the Bank of England decided to save the country's monetary policy unchanged. Today, the British investors were disappointed by retail sales in the country, which in June fell by 0.2% against the forecast of growth of 0.4%. Positive in the euro zone was the reduction of the unemployment rate in Spain to 22.4% in the first quarter, which is 0.4% better than expected. Today, the dynamics will also depend on data on consumer confidence in the Eurozone (14:00 GMT). Our medium-term outlook remains positive due to the program of quantitative easing in the Eurozone.
Markets in the Asia-Pacific region has increased. Support for the Japanese market was the statistics on the country's balance of trade deficit which totaled 0.25 trillion yen in June, that has met the forecasts of analysts. It should be noted that exports grew in the country by 9.5% compared with the same period of the last year. The index of business sentiment in Australia rose in the second quarter to 4, which is 4 better than the previous figure. Tomorrow the course of trading will be affected by the manufacturing PMI in China and Japan. Our medium-term positive outlook for the stock indexes in the region remains unchanged.