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 edge down
On Monday, Australian shares dropped after the close, as losses in the Metals & Mining, A-REITs as well as Telecoms Services sectors brought stocks down.
The S&P/ASX 200 dipped 0.07%.
Spotless Fp, Bellamys Australia Ltd and Blackmores Ltd added 48.97%, 15.71% and 12.94% respectively, thus becoming the best performers of the session on the S&P/ASX 200.
On the contrary, such benchmarks as Independence Group NL, Virtus Health Ltd and South32 Ltd dropped respectively 3.44%, 3.16% and 2.88%, thus demonstrating the worst performance on the S&P/ASX 200.
The S&P/ASX 200 VIX, which tracks the implied volatility of S&P/ASX 200 options, headed south 0.55%, being worth 10.218.
Leaping shares managed to outperform sagging ones on the Australia Stock Exchange by 545 to 520, while 347 were intact.
The currency pair AUD/USD decreased 0.38%, being worth 0.7702, AUD/JPY sank 0.18%, hitting 86.87.
The US Dollar Index Futures tumbled 0.04%, trading at 100.12.
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).