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 inch down at close of trade
On Thursday, Australian equities slumped after the close because losses in the Gold, Utilities as well as Industrials sectors suppressed shares.
The S&P/ASX 200 went down 0.83% to reach a fresh 6-months minimum.
The best performers of the session on the S&P/ASX 200 included G8 Education Ltd, Tassal Group Ltd and Santos Ltd. They inched up respectively 4.91%, 2.34% and 2.30%.
The losers were represented by Syrah Resources Ltd, Resolute Mining Ltd and Galaxy Resources Ltd. They slumped 6.75%, 5.65% and 5.82% respectively.
On the Sydney Stock Exchange diving stocks outnumbered advancing equities by 722 to 413, while 360 were intact.
Assessing the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 gained 12.93% trading at 13.494.
The currency pair AUD/USD decreased 0.73% being worth 0.7972, AUD/JPY went down 0.57% trading at 89.61.
The US Dollar Index Futures managed to grow 0.11% hitting 92.32.
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.