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 Tuesday, Taiwan stocks climbed up after the close because revenues in the Other Electronic, Cement as well as Cement & Glass sectors brought stocks up.
The Taiwan Weighted jumped 0.72%, demonstrating a fresh all time peak.
The winners of the session on the Taiwan Weighted were represented by such benchmarks as Inventec Besta Co Ltd, Associated Industries China Inc and JSL Construction & Development Co Ltd. They managed to gain respectively 10.00%, 9.97% and 9.85%.
As for losers, these were Cheer Time Enterprise Co Ltd, Crowell Development Corp and First Copper Technology Co Ltd. They lost 4.94%, 4.51% and 3.77% respectively.
Decreasing shares outclassed growing ones on the Taiwan Stock Exchange by 423 to 308, while were intact.
The currency pair USD/TWD went down 0.01%, trading at 30.354, while TWD/CNY tacked on 0.27%, being worth 0.2242.
As for the US Dollar Index Futures, it lost 0.07%, trading at 97.16.
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.