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 stocks head north at close of trade
On Friday, Taiwan equities inched up after the close because revenues in the Optoelectronic, Hotels as well as Paper & Pulp sectors underpinned equities.
The Taiwan Weighted tacked on 0.68%.
On the Taiwan Weighted the winners included JSL Construction & Development Co Ltd, Kaori Heat Treatment Co Ltd and Aurotek Corp. They all edged up 10.00%.
As for the worst performers, they were represented by Century Iron And Steel Industrial Co Ltd, AcctonTechnology Corp and Holy Stone Enterprise Co Ltd. They went down respectively 9.96%, 5.26% and 4.62%.
On the Taiwan Stock Exchange soaring equities outclassed dipping shares by 588 to 199, while 102 were intact.
The currency pair USD/TWD tumbled 0.04% being worth 29.591, TWD/CNY declined 0.14% trading at 0.2208.
As for the US Dollar Index Futures, it headed south 0.07% demonstrating an outcome of 91.60.
February delivery crude futures dived 0.61% trading at $63.41 a barrel.
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 Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.