Markets
Nikkei 225
27,444.17
▼ -123.98 / -0.45%
SSE Composite
3,473.07
▲ +58.62 / +1.72%
Bovespa
119,017.24
▼ -391.91 / -0.33%
Straits Times
2,843.81
▼ -25.41 / -0.89%
BMV IPC
44,066.88
▼ -627.08 / -1.40%
Dow Jones
30,606.48
▲ +196.92 / +0.65%
DAX 30
13,718.78
▼ -42.60 / -0.31%
BSE SENSEX
47,868.98
▲ +117.65 / +0.25%
FTSE 100
6,460.52
▼ -95.30 / -1.45%
JSE Top 40
54,379.58
▼ -235.75 / -0.43%
Market News
- SSE Composite: In Asia, China’s SSE Composite appeared to lead the region in the lead up the year end.
- FTSE 100: The FTSE 100 index closed this year as the worst since the 2008 crisis.
- IPSA: Chile’s IPSA index gave a final show of 2020’s volatility for the South American country.
Wild Card
Is COVID-19 just the tip of the iceberg? Some warn of new possible pandemics on the horizon.
Last Week’s Highlights
Argentina Legalizes Abortion in a Historic Senate Vote
The South American country of Argentina has now legalized abortion, marking a major step for all of Latin America. While cities in Mexico have also legalized this procedure, the country as a whole does not recognize a woman’s right to choose. Since the Spanish colonization of LatAm, Catholicism and its interests have reigned. Now, through decades-long grassroots work, lobbyists for the religious cause against abortion appear to maintain less of a hold on politics in Argentina.
The European Union and China Cut a Major Treaty
That’s right, just as 2020 had come to an end, the EU and China signed a major trade deal. This agreement focuses on investment and access to exclusive Chinese markets. And while this could spell great economic news for Europe, many have criticized China’s lack of regulation and enforcement of decent working conditions. Additionally, some economists aren’t sure that the deal really is as impressive as the EU would like to believe.
Coming Up This Week
The UK’s Future, EU Free
Not only did the UK have to manage a pandemic in 2020, but also a major change in prime minister and a race to make a deal before Brexit. With Europe’s second wave of the coronavirus still moving through, celebrations heading into 2021 were limited. However, the United Kingdom doesn’t seem to be in the clear quite yet, despite finally reaching a trade deal with the European Union. In fact, the economy is expected to worsen still before it sees a rebound.
Russian Hacking to be Revealed in 2021
Perhaps all of 2020, Russian hackers were working away to undermine countries and companies around the world. Toward the end of the year, it started to become clear that some of their targets, including the US government and Fortune 500 companies, were meticulously attacked. Now, many are expecting that many more attempts, both successful and not, will come to light.
More Things to Sip On…
A major player in keeping peace in the Middle East has stepped down.
Iran announces plans to enrich uranium.
When getting a SARS-CoV-2 vaccine, remember not to mix.
Academy
5 Investment Tips To Become A Smart Investor
“Why don’t you invest? Or why do your friends not invest? Many millennials report mistrust of the market, lack of know-how, insufficient funds, and student debt as barriers that prevent them from investing.”
6 Steps to set your Personal Financial Goals
“No matter what stage of life you currently find yourself in, we’re pretty sure that you’ve given some thought about both your short- and long-term personal financial goals.”
20 Side Hustle Ideas to Boost Your Income
“A side gig, moonlighting, or, as the kids call it these days, a side hustle is an excellent way to diversify your income, make a hobby profitable, and even build your confidence.”
“During recession greed dies, frugality survives.”
– Amit Kalantri –
Disclaimer
Visit our Disclosures section for additional information. All market information provided was collected in the afternoon of January 1, 2021. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the FlexInvest team. FlexInvest is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of FlexInvest and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. FlexInvest recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in News Flight are not representative of FlexInvest Inc.
