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?
Asian equities are mixed with Nikkei neglecting North Korea missile test
On Wednesday, Asian equities were quite mixed, with a shocking leap in Tokyo notwithstanding a missile launch by North Korea early in the morning, which rattled risk views.
Japan’s Nikkei 225 managed to grow 0.40% because defensive equities came into play and Australia’s S&P/ASX 200 rallied 0.63%.
Meanwhile, the Shanghai Composite headed south 0.55%, the Hang Seng index lost 0.33%.
The isolate North Korean regime claimed the successful test of its new Hwasong-15 ICBM. Pyongyang added that the new missile is capable of reaching all of the US mainland.
On Wednesday, Donald Trump responded to the latest North Korean missile test, telling that the US government will take care of it. However, he gave no details on what measures the White House might take to resolve the North Korean issue.
Overnight, key American indexes concluded at record maximums, with the Dow Jones industrial average edging up 1.09% to conclude at 23,836.71.
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.