When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asian stock markets slide
On Friday, Asian equity markets descended across the board, taking a breather from recent leaps and after the ECB took rather a dovish stance on policy as well as its everlasting stimulus program.
In Hong Kong, the Hang Seng Index decreased 0.19% trading at 26,690, with equities still keeping to peaks not observed for two years. On Friday, the market started on a positive note, but rebounded on profit taking.
China's markets shrugged off some recent profits, dropping for the first time in four days. The Shanghai Composite Index slid 0.21% trading at 3,238. The Shenzhen Composite Index didn’t change, soaring just 0.02% and demonstrating 1848.
In Japan, the Nikkei went down 0.30% trading at 20,084. On Thursday, the Bank of Japan didn’t change it monetary policy and hinted that a near-term change in its stance wasn’t probable. The Bank of Japan’s monetary policy statement as well as interest rate verdict was expected to comment on the tempo of asset buying at ¥80 trillion every year and probably hint of tapering.
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.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
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.