
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 stock markets sank after the open, as the greenback remained on the back foot and crude prices kept moving south, applying pressure on sentiment.
Market participants also mulled headlines out of the G20 finance ministers gathering in Germany at the weekend in order to assess the overall potential impact that trade barriers could have on the global surge.
The EURO STOXX 50 declined 0.1%, France’s CAC 40 lost 0.3%, Germany’s DAX 30 went down 0.3%. Additionally, the FTSE100 edged down 0.2% in London.
Earlier, in Asia, financial markets concluded mixed, with the Shanghai Composite in China ending up about +0.4%, while Japan's Nikkei remained unavailable for a public holiday.
The greenback extended its losses to a fourth trading session, staying on track for its longest losing streak since early November in wake of the Fed’s dovish guidance on the path of rate lifts in 2017.
As for early movers, Deutsche Bank stocks slid approximately 2% in Frankfurt after the German lender reported that it was issuing 687.5 million new stocks in order to raise $8.6 billion.
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 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.
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.
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