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 move down
On Tuesday, Australian stocks slumped after the close. It’s because losses in the Financials, Metals & Mining as well as Materials sectors suppressed stocks.
The S&P/ASX 200 weakened 0.27% in Australia.
Rising respectively 5.64%, 4.45% and 4.24%, such benchmarks as Isentia Group Ltd, Evolution Mining Ltd and Nextdc Ltd appeared to be the best performers of the session on the S&P/ASX 200.
Losers lost 3.28%, 2.76% and 2.49% respectively. These were Brickworks Ltd, Asaleo Care and Bank Of Queensland Ltd.
On the Australia Stock Exchange diving shares supplanted jumping ones by 547 to 514. Meanwhile, 393 concluded intact.
Stocks in Nextdc Ltd tacked on to all time peaks, earning 4.24% and reaching 4.545.
Gauging the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX headed south 2.86% getting to 12.760.
The currency pair AUD/USD ascended 0.24%, trading at 0.7496. Besides this, AUD/JPY sank 0.04%, being worth 83.19.
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 US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).