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?
Taiwan equities ascend at close of trade
On Wednesday, Taiwan shares rallied after the close because revenues in the Electricity, Chemicals as well as Other Electronic sectors underpinned stocks.
The Taiwan Weighted rallied 0.06%.
On the Taiwan Weighted the best performance was demonstrated by such benchmarks as ASRock Inc, Altek Corp and Pan Jit International Inc. They jumped respectively 9.99%, 9.98% and 9.98%.
As for the top losers, there were Yoko International Corp, Shin Shin Co Ltd and Shunsin Technology Holdings Ltd. They slumped 7.13%, 3.91% and 3.85% respectively.
On the Taiwan Stock Exchange sagging equities outnumbered growing ones by 401 to 362, while 114 were intact.
Stocks in Pan Jit International Inc edged up to 5-year maximums, adding 9.98% and reaching 33.05.
The currency pair USD/TWD headed south 0.10% showing an outcome of 29.963. At the same time TWD/CNY tacked on 0.05% trading at 0.2198.
Additionally, the US Dollar Index Futures decreased 0.13% reaching 93.08.
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.
Germany will release the flash Purchasing Managers' Index (PMI) for manufacturing and services industries at 10:30 GMT+2 on January 24.
Leibniz Centre for European Economic Research (ZEW) will release an economic sentiment index for Germany on January 18, 12:00 GMT+2
Great Britain's office for national statistics will release CPI data on January 19, 09:00 GMT+2.