Want to Get Your Hands on an Apple iPhone 6s?
At the end of May last year, Deutsche Telekom (XETRA:DTE) announced that the Apple iPhone 6 would be available for purchase from the 19th of September. Without any confirmation from Apple Inc. (AAPL) at the time, the information provided was spot on. Now Vodafone is taking their turn and leaking information regarding the launch of the latest Apple iPhone smartphone which will apparently be called the Apple iPhone 6s. An employee of Vodafone (VOD) sent an email to MobileNews stating that this latest version will be available on the 25th of September 2015. Added to this, Apple will apparently also start to accept pre-orders from the 18th of September. The latest version of Apple’s iPhone is expected to have some exciting features including a 12MP rear facing camera which will use a Sony sensor. Added to this, the new camera feature is expected to also have a white sub-pixel in order to boost the quality shots taken in low light conditions. According to the rumors, the new Apple iPhone version will also make use of Series 7000 aluminum. This is the same aircraft grade material which is currently being used on the recently launched Apple Watch. The Apple iPhone 6s is also expected to support Force Touch which enables the screen to measure how hard the user is tapping on it. In this way, using different apps and features can be customized based on how hard the phone is being tapped. The latest Apple Watch also has a Taptic Engine which ‘taps’ the user when there is a notification which the Apple iPhone 6s will also feature. So, do you think these rumors are true?
At the close of trading on Friday, U.S. stocks ended lower. This came after a positive jobs report out of the country prompted investor concerns regarding a rate hike by the Federal Reserve which would increase borrowing costs for companies as well as lure investors away from stocks. The Dow Jones Industrial Average (DJIA) traded down 0.3%, or 56.12 points, to 17,849.46. For the week, the blue chip index was down 0.9%. Meanwhile, the S&P 500 index (SPX) dropped 0.1%, or 3.01 points, to 2,092.83. This index traded over 0.5 percent down in morning trade and ended the week down 0.7%. Currently, the SPX also stands at its lowest level since the 7th of May and has declined now for 2 weeks in a row. Year to date, the benchmark index’s gain has been trimmed to 1.7%. Also, the Nasdaq Composite index (COMP) broke the downward trend and gained 0.2%, or 9.33 points, to 5,068.46. For the week, the tech heavy index declined less than 0.1 percent.
In forex trading on Friday, the U.S. dollar (USD) traded higher. This came after the release of a positive jobs report which sparked optimism regarding the strength of the job market. According to the Department of Labor, in the month of May, 280,000 jobs were added in the economy. This beat expectations for an increase of 225,000 while April's figure was revised down to a 221,000 rise. Added to this, the reports showed that the unemployment rate in the U.S. rose in May to 5.5%. In April, the unemployment rate was at 5.4 percent and analysts expected the rate to remain unchanged. The jobs report also showed that the average hourly earnings in May rose 0.3% which is a gain from an increase of 0.1% in April. The EUR/USD traded at 1.1120, down 1.05% while the GBP/USD traded at 1.5251, down 0.74%. Also, the greenback traded mixed against the yen and the Canadian dollar with the USD/JPY up 0.87% at 125.44 and with USD/CAD down 0.25% to trade at 1.2472. The U.S. dollar index was at its highest level since the 2nd of June at 96.41, up 0.95%.
Crude oil prices declined on Monday in early morning trade in Asia. This came in response to trade data out of China which showed weak imports. According to the data released, in May, exports in China declined 2.5% while imports also dropped 17.6%. Added to this, the trade surplus was put at $59.49 billion (RMB366.8 billion) which far exceeded the forecast of $44.95 billion. WTI crude for July delivery traded at $58.59 a barrel, down 0.90% on the NYMEX. On Friday, Brent crude oil for July delivery traded at $63.31 a barrel, up 2.06%, or $1.28, on the ICE Futures Exchange in London. At the OPEC meeting which took place last week Friday, the oil cartel decided to maintain its production levels at 30 million barrels per day for at least another 6 months despite the global supply glut.