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 jump at close of trade
On Friday, Australian shares added after the close due to the fact profits in the Utilities, Consumer Discretionary as well as Consumer Staples sectors backed shares.
The S&P/ASX 200 soared 0.18% in Sydney, reaching a fresh 3-months maximum.
The winners of the session on the S&P/ASX 200 included such benchmarks as Vocus Group Ltd, Australian Pharma Industries Ltd and Tassal Group Ltd. They managed to leap respectively 6.84%, 3.64% and 3.54%.
Meanwhile, Spark New Zealand Ltd, Orocobre Ltd and Ioof Holdings Ltd happened to be the worst performers of the session. They lost 3.23%, 3.20% and 3.05% respectively.
On the Sydney Stock Exchange sagging equities supplanted ascending shares by 582 to 579, while 360 were intact.
The S&P/ASX 200 VIX, normally gauging the implied volatility of S&P/ASX 200 options, headed south 0.13%, demonstrating an outcome of 11.288.
The currency pair AUD/USD dived 0.41% hitting 0.7847; AUD/JPY added 0.14% being worth 88.78.
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.