
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 Friday, European stocks didn’t change, but they were braced for concluding June with their greatest monthly loss in one year because concerns over tightening monetary conditions affected the mood.
The pan-European STOXX 600 index was intact, while euro zone blue chips STOXX50E gained 0.1%, while Britain’s key benchmark dipped 0.3%.
The STOXX has slumped more than 2% in June after four months of profits because of easing political concerns in the euro zone as well as brightening economic prospects.
This week hawkish remarks from key bankers underpinned bond yields and the common currency sparked a broad sell-off, with shares, which traditionally derive benefits from lower rates as well as export-oriented companies especially under pressure.
On Friday, sectoral moves happened to be muted, with the gas and oil index SXEP showing the greatest sag, losing 0.6%, while banks SX7P edged up for the fifth day in a row.
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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