
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 Monday, European markets started generally higher because market sentiment was still upbeat and German coalition negotiations were braced for dominating traders’ attention.
The EURO STOXX 50 gained 0.19%, France’s CAC 40 tacked on 0.19%, Germany’s DAX 30 soared 0.36%.
German Chancellor Angela Merkel of Germany entered negotiations with an opposing party in a last-ditch attempt to create a coalition government after a long period of political uncertainty in the euro zone's number one economy.
Financial stocks showed mixed performance. French lenders BNP Paribas and also Societe Generale rallied respectively 0.42% and 0.12%. In Germany, Deutsche Bank and Commerzbank went down respectively 1.32% and 1.07%.
As for peripheral lenders, in Italy Intesa Sanpaolo lost 0.36%, Unicredit gained 0.12%. Spanish financial institutions BBVA as well as Banco Santander rallied respectively 0.12% and 0.19%.
FTSE 100 dived 0.15% in London.
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.
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.
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