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 stocks decrease at close of trade
On Friday, Australian stocks went down after the close because losses in the IT, Materials as well as Consumer Staples sectors brought stocks down.
The S&P/ASX 200 slid 0.12%.
Orocobre Ltd, Northern Star Resources Ltd and Syrah Res F happened to be the best performers of the session on the S&P/ASX 200. They soared 5.84%, 5.12% and 4.53% respectively.
On the contrary, the worst performance was demonstrated by such benchmarks as Vocus Fpo, Fortescue Metals Group Ltd and Mantra Group Ltd. They slid respectively 4.27%, 3.17% and 3.09%.
Dropping shares outperformed soaring ones on the Australia Stock Exchange by 585 to 501, while 348 remained intact.
The S&P/ASX 200 VIX, assessing the implied volatility of S&P/ASX 200 options, gained 0.60%, trading at 12.214.
The currency pair AUD/USD decreased 0.30%, trading at 0.7523, AUD/JPY sank 0.61%, reaching 83.09.
The US Dollar Index Futures sank 0.09%, hitting 100.52.
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.