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?
Australian equities ascend at close of trade
On Tuesday, Australian equities leapt after the close because revenues in the Financials, Metals & Mining as well as Materials sectors underpinned stocks.
The S&P/ASX 200 inched up 0.62%.
Galaxy Resources Ltd, Tabcorp Holdings Ltd and South32 Ltd rallied 10.13%, 4.33% and 3.72% respectively, thus becoming the best performers of the session on the S&P/ASX 200.
On the contrary, the worst performance on the S&P/ASX 200 was demonstrated by such benchmarks as Saracen Mineral Holdings Ltd, Regis Resources Ltd and Resolute Mining Ltd. They lost respectively 5.14%, 4.56% and 4.25%.
Soaring equities outnumbered diving ones on the Sydney Stock Exchange by 617 to 557, while 372 were intact.
Equities in South32 Ltd rallied to all time maximums, adding 3.72% and getting to 3.205.
The S&P/ASX 200 VIX, tracking the implied volatility of S&P/ASX 200 options, slumped 2.07% reaching 12.320.
The currency pair AUD/USD was intact sticking to 0.8027, AUD/JPY dipped 0.09% trading at 87.75.
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.