Markets
Nikkei 225
28,010.93
▼ -953.15 / -3.29%
SSE Composite
3,529.18
▲ +4.09 / +0.12%
IBOVESPA
128,940.69
▲ +535.34 / +0.42%
Straits Times
3,117.87
▼ -26.29 / -0.84%
BMV IPC
50,338.82
▲ +19.25 / +0.04%
Dow Jones
33,803.64
▲ +513.56 / +1.54%
DAX 30
15,589.29
▲ +141.25 / +0.91%
BSE SENSEX
52,574.46
▲ +230.01 / +0.44
FTSE 100
7,060.51
▲ +43.04 / +0.61%
JSE Top 40
59,472.25
▼ -31.62 / -0.05%
Market News
- Nikkei 225: Japan’s Nikkei 225 index took a major nosedive on Monday, down over 4% at one point.
- DAX 30: Germany’s rebound from March 2020 appears to continue, with the DAX 30 up over 40% since then.
- FTSE 100: The UK’s FTSE 100 index appears to have taken a big stumble this past month.
Last Week’s Highlights
COVID Cases Make a Startling Spike in Taiwan
The island of Taiwan has seen surprisingly low numbers of COVID-19 cases over the last year and a half. In part, this was due to fast actions taken by the government to close down and keep the virus out. However, cases have started to spike. As vaccines begin to filter throughout the world, Taiwan still hasn’t managed to secure enough vaccines – until now. Entrepreneurs and countries like the US have made promises to deliver vaccines to the Taiwanese people hopefully soon.
NYC Mayor Election Proves Tight
As New York City starts its primary election for mayor, residents have a tough choice to make. Unlike any other city in the world, New York is home to serious wealth. This money talks, especially during elections. Super PACs funded by the rich and powerful give major sway to those candidates being supported. With 11 Democrat candidate and two Republicans on the primary ballot, it’s no wonder many expect results to be tight.
Coming Up This Week
Amber Group’s $1 Billion Valuation
Now taking the world of cryptocurrencies by storm is Amber Group. Created just over three years ago by former Morgan Stanley pros, has managed to grow its valuation within the last year and a half to $1 billion. Amber Group represents a new way forward in crypto, offering users unique, specialized features.
Europe’s Economic Rebound
The European Commission remains positive that the region’s economic rebound from the 2020-2021 COVID-19 pandemic should be complete by the end of 2022. In 2021 alone, around 4% growth is expected by economists. The European Central Bank is now the star of the show, with many wondering what kind of measures members will take regarding potential new stimulus.
More Things to Sip On…
Sweden’s PM kicked to the curb.
Facebook’s live audio rooms are officially a go in the US.
Bitcoin remains down following China’s strict new measures.
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
All market information provided was collected in the afternoon of June 18, 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 Limited 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 Limited.
