When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asian stocks tumble on Trump trade threat
On Friday, in Asia stocks declined. It’s because market participants took revenues after a strong week. Meanwhile, the Korean won slid, following Donald Trump’s remark that he would cancel or renegotiate trade deal with South Korea.
Germany's DAX, France's CAC 40 and Britain's FTSE 100 - all demonstrated a flat start, having closed lower on Thursday.
The major American currency grew 0.4% versus the Korean won, trading at 1,135.13 won, affected by Trump’s recent comments, finding the five-year-old trade pact with South Korea absolutely unacceptable. Trade tensions between Asia and America could remain. At least it follows from the won reaction.
Having started higher, South Korea's KOSPI index, managed to reverse its profits and declined 0.2%.
Outside Japan MSCI's broadest index of Asia-Pacific stocks slumped 0.15%, though it’s on track to conclude the trading week up 1.7% percent.
In Hong Kong the Hang Seng lost 0.2%, thus reducing the week's revenue to 2.3%.
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.