When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asian equities are mixed with Japan demonstrating a rebound after NKorea missile
On Wednesday, Asian equities were mixed with Tokyo demonstrating a rebound just a day after a North Korean ballistic missile test over Japan. However, market participants were braced for reacting anew to recent provocations after the United Nations Security Council officially condemned North Korea once again for enhancing its weapons programs.
The Nikkei 225 rallied 0.53% in Japan, while South Korean Kospi soared 0.09%.
In Australia the S&P/ASX 200 declined by 0.15%. Additionally, Telstra, Australia's number one telco, happened to be in the spotlight having dropped nearly 8% because it reported on Wednesday that it would be rejecting an initiative to have future income from National Broadband Network monetized.
The Hang Seng index rallied 0.79% in Hong Kong, while the Shanghai Composite went down 0.03%. Additionally, Hong Kong-listed equities of China Southern Airlines rose 4.74% right after the airline told on Tuesday that its first-half revenue had sunk 11%. Equities of the company on the mainland tacked on 5.81%.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.