
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 Thursday, the New Year soar in Asian equities petered out because of worries as for soaring American protectionism, and bonds rebounded after China's regulator informed a report about Beijing slowing or even stopping of its American bond purchasing was wrong.
Bitcoin inched down more than 11% after South Korea told it was working out a bill to finally ban trade in the cryptocurrency.
MSCI's index of Asia-Pacific equities lost 0.5%, diving further from Tuesday's 10-year maximum. As for Japan's Nikkei, it also decreased 0.5%.
American Treasuries pared some of their losses, bringing down the 10-year yield to about 2.531% from Wednesday's ten-month maximum of 2.597%, reached after a Bloomberg report that China’s actually considering slowing or stopping its purchases of American Treasury bonds.
On Wednesday, American stocks snapped their New Year soar, while the Canadian dollar as well as the Mexican peso went down after a Reuters report informed that Canada is assured that Donald Trump is about to announce his intention to break up with the North American Free Trade Agreement treaty.
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.
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 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.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
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