When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asian stocks descend on nonfarm payrolls
On Friday, stocks in Asia sank, with sentiment linked to American nonfarm payrolls later in the day as well as elections in France at the weekend.
The S&P/ASX 200 edged down 0.40% compensated by Macquarie Bank's 3.58% leap after the bank's full-year revenue beat hopes. As for Australia's resources stocks, they managed to extend losses. For instance, Miner Rio Tinto tumbled 1.56% and crude companies Santos and Woodside declined respectively 2.47% and 2.13%.
The Hang Seng Index inched down 0.26% in Hong Kong, while on the mainland, the Shanghai Composite dived 0.33%.
By the way, Japanese along with South Korean markets were unavailable due to the Children's Day holiday.
Overnight, American stocks stood still, after the House of Representatives dared to pass a bill to repeal and replace Obamacare. Meanwhile, energy stocks declined, following crude, hitting a five-month minimum.
Additionally, energy shares turned to be the key laggards of the days, after oil reached a five-month minimum on the back of worries of a glut in supply.
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.
The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.
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.