
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, after the close Australian shares moved down since losses in the Metals & Mining, Resources, not to mention Materials sectors suppressed stocks.
The S&P/ASX 200 slumped 1.44%.
Cochlear Ltd, Aurizon Holdings Ltd and Flexigroup Ltd happened to be indisputable winners of the session on the S&P/ASX 200. They acquired respectively 3.27%, 1.86% and 1.71%.
As for the worst performers, we should mention Qbe Insurance Group Ltd, Retail Food Group Ltd and Western Areas Ltd, tumbling respectively 10.43%, 10.02% and 7.45%.
On the Sydney Stock Exchange sagging shares managed to supplant rising ones by 750 to 412, while 411 were intact.
Stocks in Cochlear Ltd tacked on to all time peaks, soaring 3.27% and hitting 159.48. Stocks in Retail Food Group Ltd went down to 52-week minimums, losing 10.02% and getting to 4.580.
The S&P/ASX 200 VIX, normally gauging the implied volatility of S&P/ASX 200 options, acquired 14.03%, demonstrating 14.443, its fresh 6-months peak.
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.
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 United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
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.
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