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 slide at close of trade
On Friday, Australian stocks inched down after the close because losses in the A-REITs, Healthcare as well as Industrials sectors weighed on stocks.
Australian benchmark S&P/ASX 200 went down 1.55%.
Mineral Resources Ltd, Metcash Ltd and Bega Cheese Ltd became the best performers of the session on the S&P/ASX 200. They leapt 9.15%, 2.55% and 2.34% respectively.
The worst performance was demonstrated by such benchmarks as BT Investment Management Ltd, Fairfax Media Ltd and Flight Centre Ltd. They slid respectively 7.79%, 6.46% and 4.11%.
Sagging shares managed to outperform soaring ones on the Sydney Stock Exchange by 752 to 483. Meanwhile, 394 stood still.
Gauging the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX grew 11.35%, trading at 13.149.
The currency pair AUD/USD gained up to 0.12%, trading at 0.7692. Simultaneously, AUD/JPY edged down 0.05%, being worth 86.15.
The US Dollar Index Futures jumped 0.02%, demonstrating 95.34.
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.