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 leap at close of trade
On Wednesday, Australia equities grew after the close because leaps in the Metals & Mining, Materials and also Gold sectors underpinned stocks.
The S&P/ASX 200 went up 0.03%.
The winners of the session on the S&P/ASX 200 were such benchmarks as Mayne Pharma Group Ltd, St Barbara Ltd and Saracen Mineral Holdings Ltd. They grew respectively 12.40%, 4.15% and 3.36%.
On the contrary, the losers were represented by Graincorp Ltd, Aveo Group and Galaxy Resources Ltd. They slumped 4.44%, 2.76% and 2.64% respectively.
On the Sydney Stock Exchange ascending equities supplanted losing ones by 609 to 565, while 341 ended intact.
The S&P/ASX 200 VIX that gauges the implied volatility of S&P/ASX 200 options, rallied 4.28% being worth 12.845.
The currency pair AUD/USD surged 0.07% trading at 0.8026. Additionally, AUD/JPY stood still sticking to 88.34.
The US Dollar Index Futures tumbled 0.10% being worth 91.80.
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.