When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asian stocks are in the green on American tax cut hopes
On Friday, Asian stocks mostly gained on prospects for tax cuts in America, with the financial markets cautious, reacting to a suspected terrorist shooting in Paris several days ahead of presidential polls in France.
Japan's Nikkei 225 index inched up 0.73%. The Kospi ascended 0.81%, Australia's S&P/ASX 200 made revenues of 0.58%. Hong Kong's Hang Seng Index grew 0.18%, while the Shanghai Composite revived moderately, adding 0.07%.
Samsung Electronics leapt 2.38%, following the long-awaited release of its new Galaxy S8 smartphone in Seoul, on Friday. The company told that the previous week that pre-orders for the Galaxy S8 had exceeded those for the S7.
Overnight, American shares closed higher on Thursday because risk-on sentiment got back after a sturdy batch of corporate earnings as well as bullish comments on tax reform from US Treasury Secretary Steven Mnuchin.
The three key American indexes were still on track to conclude the week in positive territory. It’s because corporate earnings overshadowed geopolitical events, while economic data turned to be weaker than expected.
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.