25.03.2016 - Markets are waiting for the US GDP data
Today, trading on the US stock markets will not take place in connection with the celebration of Easter. Despite this, the final report on US GDP growth (12:30 GMT), which will be published today, can affect the mood of investors. At this point to continue growing is needed new stimuli and the current increase in confidence in the Fed's tightening of monetary policy in the coming months, a negative impact on the optimism on the market. Our forecast for next week remains negative.
Most European stock markets are closed today, and some will be closed on Monday in connection with the Easter holidays. After the holidays, investors will evaluate the data on the US GDP growth for the last quarter. The key risk for the markets in the region remains a possible exit of Great Britain from the European Union. We maintain our positive medium-term outlook for the region's markets against the background of stimulus measures in the euro area.
Markets in the Asia-Pacific region showed modest growth. In Japan, was published statistics on consumer price inflation, which in February remained at 0.0%, against an expected growth of 0.1%. Low inflation encourages the Bank of Japan for the further stimulus steps. Support for the Japanese market may also be a weakening of the yen. We maintain a positive outlook on the region's markets, but it is recommended to monitor the statistics from China.