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 dive at close of trade
On Tuesday, Taiwan equities went down after the close because losses in the Other Electronic as well as Paper & Pulp sectors pressured stocks.
The Taiwan Weighted decreased 0.52% showing a fresh all time maximum.
On the Taiwan Weighted the winners were Walsin Technology Corp, AOPEN Inc, Merida Industry Co Ltd. They inched up 9.77%, 6.37% and 6.30% respectively.
On the contrary, the losers were represented by such benchmarks as Genius Electronic Optical Co Ltd, Qisda Corp and Jung Shing Wire Co Ltd. They edged down respectively 9.95%, 5.91% and 5.69%.
On the Taiwan Stock Exchange diving equities supplanted rallying ones by 519 to 245, while 108 didn’t change.
Equities in Walsin Technology Corp edged up to all time maximum, ascending 9.77% getting to 82.00.
The currency pair USD/TWD tacked on 0.14% being worth 30.147. Meanwhile, TWD/CNY inched up 0.55% trading at 0.2195.
As for the US Dollar Index Futures, it slumped 0.21% hitting 91.62.
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 Bureau of Labor Statistics will announce average hourly earnings, nonfarm employment change (NFP), and the unemployment rate on July 8, at 15:30 MT time.
The Federal Open Market Committee, a committee within the Federal Reserve, will reveal a detailed record of the central bank’s last meeting on July 6 at 21:00 MT.
The Reserve Bank of Australia will announce its cash rate and make a statement about future rate policy on Tuesday, July 5, at 07:30 MT.