Markets
Nikkei 225
24,325.23
▲ +219.95 / +0.91%
SSE Composite
3,312.16
▼ -7.97 / -0.24%
Bovespa
100,925.11
▲ +173.71 / +0.17%
Straits Times
2,578.68
▼ -9.94 / -0.38%
BMV IPC
38,530.50
▲ +131.43 / +0.34%
Dow Jones
28,323.40
▼ -66.78 / -0.24%
DAX 30
12,480.02
▼ -88.07 / -0.70%
BSE SENSEX
41,893.06
▲ +552.90 / +1.34%
FTSE 100
5,910.02
▲ +3.84 / +0.07%
JSE Top 40
51,810.90
▲ +1,105.70/ +2.18%
Market News
- AEX: In Europe, the Netherlands’ AEX index appears to be doing better than many of its regional peers. It remains up over the past month 3.15%, also closing up this past week 0.23%.
- Nikkei 225: Japan’s Nikkei index shows off signs of strength in Asia, closing up this past week Friday 0.91%.
- Dow Jones: As the United States still remains without a clear nominee for president, indices like the Dow Jones continue to move all over the place.
Last Week’s Highlights
Hurricane Eta Ravages the Caribbean
Many Central American countries and numerous Caribbean islands have been devastated by Hurricane Eta this past week. Over the weekend, it likely will have made its way to the US state of Florida. This tropical hurricane and all of its related storms have left over 100 dead and taken away the homes and livelihoods of many, meaning economic fallout could also be on the may for the affected communities.
The US Election, TBD
As votes continue to be counted in the US presidential race, Biden appears to be ahead of Trump by tens of electoral college votes. During Trump’s reelection campaign, he encouraged people to only vote in person, rather than vote via absentee ballot. Because of the current pandemic, many people, however, did choose to vote through the mail. Mail-in votes have reached the highest number ever, which in turn has caused much of the vote counting delay.
Coming Up This Week
Restaurants Continue to Face New Restrictions
The food industry continues to struggle, as new dine-in restrictions continue to be put in place. In many cities around the world, restaurants have given life (literally) to residents. Now, the risks associated with leaving the house to get food out may begin to impede choices to eat out once again. Second, and even third, waves are now taking Europe, the US, and Asia by storm.
Will Germany’s COVID Containment Tactics Prove Effective?
As the coronavirus’ second wave continues to pummel Europe, Germany is being looked to lead the region. But will the country’s plan work? New case numbers have skyrocketed to figures not even seen during the first wave, and they don’t appear to be ready to slow down quite yet. Now, a new lockdown order has been put in place. However, many Germans are not pleased, with some even taking to the streets to protest.
More Things to Sip On…
Toyota isn’t convinced that Tesla really poses a threat to the global auto industry.
New COVID-19 testing methods officially authorized by the FDA.
China continues to praise Wuhan for its efforts to stop the pandemic.
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 November 6, 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.
