This week Apple, Microsoft, Google, Facebook, Pfizer, and other large US companies will deliver earnings reports…
Australian equities ascend
On Monday, Australian shares managed to surge after the close. It occurred due to the fact that gains in the Telecoms Services, Utilities, and Energy sectors backed stocks.
The S&P/ASX 200 went up by up to 0.05% at the close in Sydney.
On the S&P/ASX 200, the leading gainers were represented by Whitehaven Coal Ltd that tacked on by up to 6.44% ending up with 4.460 at the close. Besides this, Ardent Leisure Ltd managed to rally by about 3.23% coming up with an outcome of 1.280. Treasury Wine Estates Ltd jumped by about 3.14% trading at 16.750.
As for the worst performers of the trading marathon, one should mention Galaxy Resources Ltd that slumped by 11.62% being worth 1.635. Additionally, Orocobre Ltd slipped by about 6.13% demonstrating a reading of 3.370. As for Australian Pharma Industries Ltd, it lost 4.93% reaching 1.445.
On the Sydney Stock Exchange, sinking shares outnumbered rallying ones by 0 to 0.
Stocks in Galaxy Resources Ltd decreased to 52-week minimums, decreasing by 11.62% showing 1.635.
Assessing the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX tumbled by about 1.87% hitting 10.914.
June delivery gold futures went up by about 0.25% ending up with $1279.25 a troy ounce. Additionally, June delivery crude futures tacked on by up to 2.20% being worth $65.48 a barrel. Aside from that, June delivery Brent crude futures shot up by up to 2.32% concluding the trading session at $73.64 a barrel.
The currency pair AUD/USD decreased by almost 0.19% showing 0.7138. The currency pair AUD/JPY slumped by nearly 0.03% trading at 79.88.
In addition to this, the USD Index Futures slumped by 0.12% hitting 97.037.
Virgin Galactic’s Branson flew to space, but the stock of Virgin Galactic (SPCE) dropped. Why?
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What events to follow and how to trade during the week of July 2-6?
EUR/USD retraced to 1.1870 after breaking out this level. It should be just a natural sell-off ahead of the further rally up.
The Fed held a much-awaited meeting yesterday. The bank hasn’t made any policy changes. As a result, the USD weakened and EUR/USD rocketed. Jump in to know all the latest news!