When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Stocks in Asia mostly decline
On Tuesday, Asian shares mostly headed south in cautious trade ahead of major events later in the week, with the United Kingdom heading to surveys on Thursday as well as ex-FBI chief James Comey set to testify to US Congress.
Japan's Nikkei 225 index moved down 0.59% after Japan unveiled that average cash earnings gained 0.5% for April, unlike a 0.3% gain observed year-on-year.
The S&P/ASX 200 lost 1.26%, suppressed by broad dips in the utilities, energy sub-indexes and financials. As for key banking as well as resource stocks, they traded in the red. The Reserve Bank of Australia didn’t change it interest rate as expected.
The Hang Seng Index managed to leap 0.35%, the Shanghai Composite lost 0.22%. By the way, South Korean markets aren’t available due to Memorial Day.
Overnight, American shares concluded lower, while keeping to near record levels because dismal economic data applied pressure on the prospect of stronger American economic surge, while stocks of Apple went down, reacting to a rare downgrade.
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.
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
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.