When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asian equities reach decade-maximum on global equity leap
On Thursday, Asian stocks approached a decade maximum, riding the bull run in equity markets worldwide. Meanwhile, the evergreen buck tumbled after the Fed demonstrated rather a guarded view towards inflation.
MSCI's index of Asia-Pacific equities rallied to its highest value since December 2007. Last the benchmark acquired 0.2%.
As for Japan's Nikkei, it gained 0.5% having brushed 20,980.92, its highest outcome since December 1996. Meanwhile, South Korea's KOSPI inched up 0.2%, thus marking a fresh record maximum. Additionally, Hong Kong's Hang Seng managed to scale a decade-peak before slumping 0.05%.
This week broader investor risk sentiment has risen after Catalonia dialed back its ambitious plans to break up with Spain. As a result, MSCI's 47-country world stocks index demonstrated a record maximum.
The common currency gained 0.1% hitting $1.1869, showing its highest value since September 25.
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.
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.