When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
European equities go down as Paddy Power, PostNL losses supplant strong miners
On Monday, losses from PostNL and Paddy Power Betfair definitely supplanted strong basic resources as well as energy stocks, thus suppressing European stocks, following robust profits in the previous session.
The pan-European STOXX 600 index sank 0.1% after early revenues, having faced its best trading day for three weeks on Friday because the common currency dipped, assisting dollar-earning firms to make gains.
Euro zone blue-chips reported 0.1% gains. Meanwhile, Germany's DAX stood still and UK stocks went up 0.2%.
Some market participants warned the worst of the hit of a stronger common currency on EU shares could be yet to emerge. The common currency will probably have an impact during the third quarter.
PostNL equities descended 6.4% after the Dutch postal company unveiled its full-year revenues would come in at the lower end of hopes because of regulatory changes.
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.
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
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.