When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
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.
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.
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.
Every week we expect many interesting events that can shake the market.