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 move up at close of trade
On Thursday, Taiwan stocks ascended after the close. It’s because revenues in the Electricity, Paper & Pulp as well as Transport sectors drove stocks.
The Taiwan Weighted jumped 0.64%, reaching a fresh all time peak.
Hiyes International Co Ltd, Hung Chou Fiber Ind Co Ltd and Chung Fu Tex-International Corp demonstrated the best performance on the Taiwan Weighted. They tacked on 9.98%, 9.98% and 9.94% respectively.
On the contrary, Jenn Feng New Energy Co Ltd, China Electric Manufacturing Corp and Alchip Technologies Ltd turned to be the worst performers. They lost respectively 7.63%, 5.19% and 4.92%.
On the Taiwan Stock Exchange ascending stocks outperformed losing ones by 509 to 256, while 107 ended intact.
The currency pair USD/TWD went down 0.37%, being worth 30.059. Meanwhile, TWD/CNY edged down 0.09%, trading at 0.2287.
Aside from that, the US Dollar Index Futures headed south 0.03%, getting to 96.92.
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 Institute for Supply Management will release ISM manufacturing PMI on July 1, 17:00 GMT+3.
The United States Bureau of Economic Analysis will release monthly Personal Consumption Expenditures (PCE) on June 30, 15:30 GMT+3.
The governor of the Bank of England, Andrew Bailey, will hold a speech on June 29 at 15:30 MT time (GMT+3).