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Europe’s second wave drowns the region in COVID-19 again

newsflight september 28

Markets

Nikkei 225

23,204.62

▲ +116.80 / +0.51%

SSE Composite

3,219.42

▼ -3.76 / -0.12%

IBOVESPA

96,999.38

▼ -12.69 / -0.01%

Straits Times

2,472.28

▲ +21.46 / +0.88%

BMV IPC

36,583.71

▲ +366.22 / +1.01%

Dow Jones

27,173.96

▲ +358.52 / +1.34%

DAX 30

12,469.20

▼ -137.37 / -1.09%

BSE SENSEX

37,388.66

▲ +835.06 / +2.28%

FTSE 100

5,842.67

▲ +19.89 / +0.34%

JSE Top 40

49,547.74

▼ -579.31 / -1.16%

Market News

  • Nikkei 225: Unlike many European indices this week, Asian indices like the Nikkei 225 have closed the week up.
  • DAX 30: Europe’s Dax 30 is often considered a landmark index for the EU. Now its movements downward could be alarming for the region, as a second COVID-19 wave is in full swing.
  • MERVAL: South American index the MERVAL in Argentina remains volatile, as the country struggles to manage COVID-19 cases.

Last Week’s Highlights

Google Maps Out COVID-19

In a recent update, Google Maps became the next major website to provide important information about COVID-19 and its spread. The new color-coded overlay focuses on infections within the last week for every 100,000 people. The idea with this update appears to be to provide users with more, easier access to information, which would ultimately be used to make decisions about health and safety.

A Surprising North Korean Apology

After a South Korean official was killed by North Korean forces, Leader Kim Jong-un apologized. The death of this South Korean is the first in nearly ten years at the hands of North Korea. Resultantly, South Korean have stirred up outcry over the injustice. Kim’s apology is rare and unexpected, and thus has caused confusion.

Coming Up This Week

A Second Wave Hits Europe

The UK and France are among the countries in Europe to be hit hard by the region’s new COVID-19 wave. Joining these countries at the top of the charts are Russia, Spain, and Italy. Europe’s wave pattern has shown infections on a serious rise since the end of August, surpassing that of April’s first wave. This information is concerning, because it also points to the possibility that the death toll later on could also surpass the first wave’s.

China Continues to Erase its Muslim Legacy

Many Muslim Chinese people of the Xianjing region have been persecuted, especially as of late, by the Beijing government. Mass destruction of holy sites, communities, and the movement of muslims to detention centers are just some of the atrocities currently happening. These centers are designed for “reeducation” and likely do not meet the basic needs of those detained. 


More Things to Sip On…

Supreme Court Justice Ruth Bader Ginsburg continues to inspire, even after her passing. 

BMW faces heavy fines for misrepresenting its sales in recent years.

Is it safe to travel yet? Dubai says yes.


Academy

5 Investment Tips To Become A Smart Investor

simple investment tips

“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.”

Learn more »

6 Steps to set your Personal Financial Goals

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.”

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20 Side Hustle Ideas to Boost Your Income

side hustle

“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.” 

Learn more »

“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 September 25, 2020. 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.

All information provided was collected up to the last business day of the previous week of the release of this NewsFlight. 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 NewsFlight are not representative of FlexInvest.

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