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?
Japanese equities decline at close of trade
On Wednesday, Japanese shares slumped after the close. It’s because losses in the Paper & Pulp, Gas & Water as well as Banking sectors suppressed stocks.
The Nikkei 225 edged down 1.51%.
On the Nikkei 225 the best performers were represented by Otsuka Holdings Ltd, Showa Denko K.K. and Dentsu Inc. They grew 3.37%, 2.71% and 2.18% respectively.
Meanwhile, the top losers included such benchmarks as Showa Shell Sekiyu K.K., Toho Zinc Co. and Sumitomo Mitsui Trust Holdings. They went down respectively 6.83%, 6.01% and 5.55%.
Sagging equities outperformed rallying ones on the Tokyo Stock Exchange by 3161 to 276, while 76 were intact.
Stocks in Showa Denko K.K. managed to hit 5-year maximums, gaining 2.71% and showing 3980.0.
The Nikkei Volatility, gauging the implied volatility of Nikkei 225 options, headed south 4.96% being worth 18.58.
The currency pair USD/JPY edged down 0.37% trading at 113.03, EUR/JPY tumbled 0.26% trading at 133.49.
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.