Google Makes a Discount for Traders
When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
European stocks stand still
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.
Similar
What will move the market on October 18-22?
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?
What to expect from Microsoft event?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Latest news
Assets Won’t Survive This Week
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Post-Fed Releases for USD & CAD Traders
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
FED and BOE Make Another Attempt to Beat Inflation
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.
