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 hit 10-year maximum
On Monday, Asian equities ascended to a decade maximum because positive Chinese data underpinned commodity prices, while the common currency extended losses right after the Catalan leader didn’t manage to provide a clear answer to whether he declared the region’s independence from Spain or not.
MSCI's index of Asia-Pacific stocks has been growing for a fifth day demonstrating its highest outcome since late 2007.
Japan's Nikkei N225 has been soaring for a sixth day to a value not observed since November 1996. Meanwhile, Australian equities extended their winning marathon to a fourth straight trading session, rising 0.6%. As for South Korea's stock index KS11, it showed a fresh record.
EU stock futures STXEc1 demonstrated a steady start. Meanwhile, Dax futures FDXc1 along with CAC 40 FCEc1 turned to be a bit firmer.
Copper found itself at a three-year top, backed by sturdy economic data from China, which is the world's number one user of metals.
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 Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.