Expert's opinion from FXFinPro

We expect a correction on the US markets
US stocks last week showed strong growth on the background of higher oil prices, as well as fixing positions before the holidays. This week, we expect to see strong investor activity and stocks probably will correct slightly. After the end of the holidays in the center of investors' attention will be data on the US labor market and the beginning of the corporate reporting season for Q4. At the moment, the growth potential of American markets is limited by the negative impact of the Fed raising interest rates, which will continue in 2016 and will put pressure on the US indexes. We keep medium-term positive outlook, for the indexes of the country, but expect a significant correction in the first months of 2016.

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