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 shares jump at close of trade
On Wednesday, Australian stocks moved up after the close because revenues in the Gold, Telecoms Services as well as Healthcare sectors brought stocks up.
The S&P/ASX 200 tacked on 0.09%.
The winners of the session on the S&P/ASX 200 were represented by Vocus Group Ltd, Resolute Mining Ltd as well as Whitehaven Coal Ltd. They went up respectively 20.80%, 8.33% and 5.23%.
Meanwhile, Sky Network Television Ltd, Virtus Health Ltd and Janus Henderson Group PLC DRC decreased 3.77%, 3.62% and 2.90% respectively, thus becoming the worst performers of the session.
Diving shares supplanted growing ones on the Sydney Stock Exchange by 558 to 529, while 375 were intact.
Stocks in Sky Network Television Ltd went down to 5-year minimums, dipping 3.77% and showing 3.195.
Tracking the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX lost 3.75%, trading at 13.313.
The currency pair AUD/USD surged 0.44%, being worth 0.7540, AUD/JPY added 0.55%, trading at 82.57.
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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.
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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.