
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 Thursday, European shares dropped because market participants were still digesting fresh American political events. Moreover, financial markets were waiting for the Bank of England’s policy verdict.
The EURO STOXX 50 edged down 0.13%, French CAC 40 dipped 0.11%, while German DAX 30 declined 0.09%.
Financial markets were still anxious after Donald Trump’s shocking decision to have FBI Director James Comey fired.
As for financial stocks, they showed mixed performance. French lenders BNP Paribas along with Societe Generale decreased respectively 0.28% and 0.57%, and Deutsche Bank tumbled 0.39%. Additionally, Commerzbank grew 0.38%.
Italian Intesa Sanpaolo as well as Unicredit gained respectively 0.22% and 0.15%, while Spanish banks Banco Santander and tacked on 0.36% and 0.56% respectively.
Aside from that, in London, the FTSE 100 jumped 0.17%, underpinned by revenues in the mining sector.
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 US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
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