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 jump at close of trade
On Wednesday, Japanese shares rallied after the close. It’s because profits in the Rubber, Shipbuilding as well as Transport sectors underpinned equities.
The Nikkei 225 headed north 0.09% in Tokyo.
On the Nikkei 225 the best performers included Chiyoda Corp, Resona Holdings, Inc and Tokai Carbon Co. They went up respectively 5.83%, 4.19% and 3.72%.
On the contrary, the top losers were represented by Fuji Heavy Industries Ltd, Taisei Corp and TOTO Ltd. They dipped 7.06%, 2.48% and 2.02% respectively.
On the Tokyo Stock Exchange soaring shares outclassed dipping ones by 1712 to 1617, while 251 were intact.
Equities in Fuji Heavy Industries Ltd headed south to 52-week minimum, sliding 7.06% being worth 3478.0. Stocks in Resona Holdings, Inc. tacked on to 52-week peaks, adding 4.19% trading at 676.0.
Estimating the implied volatility of Nikkei 225 options, the Nikkei Volatility tumbled 1.30% reaching 14.42.
The currency pair USD/JPY gained 0.19% trading at 113.10, EUR/JPY rallied 0.17% reaching 133.87.
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 Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).