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Asian stocks move up
On Tuesday, Asian stocks inched up due to strength in Europe and America, as crude’s longest stretch of daily revenues for five years powered energy stocks, while markets in Seoul were affected by a North Korean missile launch.
Outside Japan MSCI's broadest index of Asia-Pacific stocks gained 0.3%.
Japan's Nikkei tacked on 0.4%, South Korea's KOSPI decreased 0.1%.
Earlier the KOSPI went down as much as 0.4% and the South Korean won lost 0.3% after reports North Korea had launched another missile, which could potentially land in Japanese exclusive economic zone.
Australian stocks grew 1.65%, rebounding from a 2.3% loss for the last two trading sessions.
Overnight on Wall Street, the Dow Jones Industrial Average and the S&P 500 index reported revenues of 0.6% and 0.2% respectively, led by energy stocks and financials. As for the Nasdaq, this benchmark decreased 0.5%.
American markets aren’t functioning on Tuesday due to the independence day holiday.
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.