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 shares inch up at close of trade
On Monday, Taiwan equities rallied after the close because revenues in the Cement, Cement & Glass as well as Glass sectors supported stocks.
The Taiwan Weighted rallied 0.33% hitting a fresh all time maximum.
On the Taiwan Weighted the top notch performers were represented by Tatung Co, Spirox Corp and SciVision Biotech Inc. They rallied respectively 9.98%, 9.92% and 9.92%.
As for the losers, they were Copartner Technology Corp, Lextar Electronics Corp and Darwin Precisions Corp. They lost respectively 9.07%, 8.75% and 8.68%.
Diving equities outclassed soaring ones on the Taiwan Stock Exchange by 454 to 355, while 79 were intact.
Equities in Tatung Co rallied to 5-year maximums, adding 9.98% to 22.60. as for stocks in Spirox Corp, they managed to grow to 5-year maximums, gaining 9.92% being worth 27.15.
The currency pair USD/TWD edged up 0.07% reaching 29.505, while TWD/CNY was intact sticking to 0.2200.
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.
A new week means new trading opportunities! Here are some events that can fluctuate the market actively…
The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.
The United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on August 5, 15:30 GMT+3.