When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Australian equities edge down at close of trade
On Thursday, Australian shares dived after the close. It’s because losses in the Gold, IT as well as Metals & Mining sectors put pressure on stocks.
The S&P/ASX 200 went down 0.69%.
On the S&P/ASX 200 the best performers included Myer Holdings Ltd, Mayne Pharma Group Ltd and Skycity Entertainment Group Ltd. They ascended respectively 6.08%, 4.88% and 3.49%.
As for the worst performers, they were represented by such benchmarks as Aristocrat Leisure Ltd, Independence Group NL, Independence Group NL and Iress Ltd. They went down respectively 7.33%, 5.62% and 4.06%.
On the Sydney Stock Exchange diving stocks outnumbered rallying equities by 670 to 560. Meanwhile, 357 were intact.
Measuring the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX gained 6.70% hitting 12.470.
The currency pair AUD/USD edged up 0.25% reaching 0.7590, AUD/JPY tacked on 0.38% being worth 85.05.
As for the US Dollar Index Futures, it decline 0.12% showing an outcome of 93.11.
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.