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 decline at close of trade
On Thursday, Australian stocks headed south because losses in the Energy, Gold as well as Resources sectors suppressed stocks.
The S&P/ASX 200 dived 0.02% in Sydney reaching a fresh 1-month minimum.
On the S&P/ASX 200 the top notch winners were represented by Speedcast International Ltd, Nanosonics Ltd and Duluxgroup Ltd. They rallied respectively 3.11%, 2.33% and 1.90%.
As for the worst performers, they were such benchmarks as Galaxy Resources Ltd, Whitehaven Coal Ltd and Pilbara Minerals Ltd. They lost 6.63%, 6.18% and 5.63% respectively.
On the Sydney Stock Exchange diving stocks outclassed growing ones by 652 to 583, while 395 stood still.
Gauging the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX slumped 7.74% hitting 11.539.
The currency pair AUD/USD headed south 0.03% being worth 0.7965, AUD/JPY went down 0.08% trading at 88.60.
Besides this, the US Dollar Index Futures declined 0.06% showing a reading of 90.60.
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 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.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.