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The ECB’s newest stimulus moves

newsflight february 22

Markets

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Straits Times

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BMV IPC

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FTSE 100

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JSE Top 40

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Market News

  • FTSE 100: After a rocky start to January, the UK’s FTSE index appears to be stabilizing throughout the month of February. 
  • Dow Jones: In the US, the Dow Jones index appears to remain steady throughout the first quarter of 2021.
  • Hang Seng: Hong Kong’s Hang Seng index has shown major rebounding over the last six months, maintaining a relatively steady entrance into the new year.

Last Week’s Highlights

The ECB Remains Strong on COVID-19 Protections

The European Central Bank recently announced plans to continue to support the region through the current COVID-19 pandemic. The bank’s leader, Christine Lagarde, has expressed her understanding that aid is imperative at the moment, imploring European leaders to hold out. This newest package totals around €1.8 trillion to keep countries’ economies afloat. 

Texas Freezes Over

The southern US state of Texas experienced unprecedented freezing temperatures and snow this past week, devastating populations across the region. The delivery of basic and necessary goods and services has been disrupted, and homes and businesses ruined have been ruined. There are already tens of deaths associated with the cold conditions and the state’s unpreparedness for a crisis of this magnitude, with President Biden declaring the events major.

Coming Up This Week

Brexit’s Economic Effects Continue to Intensify

The beginning of 2021 saw the UK’s official exit from the European Union. Since then, it has been a major test of residents’ ability to adapt, as well as those who used to do business with them. Any EU companies planning to and already doing business with UK companies will be subject to more intense tax management. As a result, many UK businesses and workers have suffered the consequences, with fewer opportunities and greater restrictions and possibilities for growth.

Russia Continues to Suppress Discontent

The beginning of this year saw the imprisonment of Alexei Navalny, the prime opposition leader attempting to expose Vladimir Putin’s corruption. Navalny recently was charged by Putin’s government on defamation charges. Since then, he has attempted to appeal, but to no avail.


More Things to Sip On…

A major Mars mission makes its way.

To add to Venezuela’s ongoing crisis, the government has now taken away access to certain aspects of healthcare. 

Myanmar’s coup continues to receive international outcry.


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.”

Learn more »

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 February 19, 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.

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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