Today will be a pretty busy day, and we are all waiting for statistics from the USA. As we discussed this week, we have three main factors that affect stock markets in every review. Is, firstly, the same statistics on the American labor market, there is a lot of intrigues there. This week, data from the ADP came out, which was almost half the forecast for the number of jobs from corporations.
The second is the coronavirus outbreak; the situation is getting worse. A new wave is starting. Asia is under pressure, and in this respect, there is room to fall. And the third point is the ambiguous policy of the regulatory bodies of China; here, we have pretty big questions about how the situation will develop.
In any case, the statistics on the labor market create the very intrigue that does not allow the leading indices in the United States to decline and, to a certain extent, supports Asia. This morning, by the way, I did not find any news about the following actions of the regulatory authorities in China, but this week has already had enough for us.
If you look at happening in the leading indices of China and Asia as a whole, the rebound that we observed in the Chinese index is already gradually ending. It seems that it will not be possible to return to the values we had before the entire history related to technological regulation and other events.
There is no further momentum in the index quotes. Korea is also under slight pressure, so shortly, we may feel negative on Asian markets. At the same time, Japan is growing up for the second day, and this is interesting – the Olympics are already coming to an end, and to some extent, the Japanese market can breathe freely.
