When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asian equities dive on trading war concerns
On Monday, Asian equities declined to near three-week minimums amid worries of a global trade conflict, while the common currency was fragile in the FX markets because of concerns that in Italy an anti-establishment coalition government could potentially spring up from elections.
On Sunday, Italian voters delivered a hung parliament, rushing to anti-establishment as well as far-right parties in huge numbers and bringing the euro zone's number three economy into a political trap, which could take much time to clear.
After such a beginning, the euro rebounded to $1.2323 from a two-week maximum of $1.2365 because the euroskeptic 5-Star Movement hoped its support soar would turn to be the largest single party, following projections built around early vote-counting.
The common currency was still gaining support after Germany's Social Democrat party underpinned the reunion with Angela Merkel's conservatives, enabling her to create a new government over five months since Germany’s inconclusive election.
The euro also gained support from safe-haven flows, with risk sentiment strengthening worries of a trade conflict after Donald Trump rolled out tariffs on imported aluminum and steel.
The evergreen buck dived for a fourth straight trading session hitting 105.49 yen, although it was a bit higher Friday's minimum of 105.23. The given mark hasn’t been observed since November 2016.
Traditionally gauging the greenback’s value versus a group of key rivals, the US dollar index stood still.
On Sunday, China told that it didn’t want a trade feud with America, but nevertheless it’s going to have its interests protected, warning that policies built around mistaken assumptions are going to damage bilateral relations.
Many market participants are afraid that today’s momentum in the world’s economy could slump if Trump dears to start a trade feud.
MSCI's broadest benchmark of Asia-Pacific equities beyond Japan dived 0.8%.
Japan's Nikkei as well as South Korea's KOSPI declined 0.7%.
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.
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.
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…