Markets
Nikkei 225
29,792.05
▼ -424.70 / -1.41%
SSE Composite
3,404.66
▼ -58.40 / -1.69%
Bovespa
116,221.58
▲ +1,386.15 / +1.21%
Straits Times
3,134.54
▼ -3.12 / -0.10%
BMV IPC
47,028.04
▼ -544.35 / -1.14%
Dow Jones
32,627.97
▼ -234.33 / -0.71%
DAX 30
14,621.00
▼ -154.52 / -1.05%
BSE SENSEX
49,858.24
▲ +641.72 / +1.30%
FTSE 100
6,708.71
▼ -70.97 / -1.05%
JSE Top 40
60,313.40
▼ -736.93 / -1.21%
Market News
- Dow Jones: The US’ Dow Jones index appeared to have a rough Friday last week, with an official close down over 200 points.
- DAX 30: Germany’s DAX 30 index closed the week and Friday down, though it appears to remain on its upward trajectory that started in October 2020.
- SSE Composite: In China, the SSE Composite continues to show the downward trend from this whole past month.
Last Week’s Highlights
The US Fed’s Recent Meeting
When the US’ Federal Reserve has its regular meetings, the world often holds its breath. This past week was no exception. However, the Fed’s Chair, Jerome Powell shared that the central bank plans to maintain interest rates where they are for the time being. As a result, US stocks appeared to bounce back to their predicted tracks.
Brazil’s Population Suffers, Their President Makes It Personal
Unfortunately, Brazil’s current crisis due to COVID-19 appears to be one of the worst around the world. In fact, some believe that the current pandemic has been the gravest health catastrophe the South American country has ever experienced. Meanwhile, President Jair Bolsonaro has refused to take the pandemic seriously, claiming that it “is part of life”. On top of this, Bolsonaro has claimed that criticism of him for these (among other) reasons has started a “war” attacking him.
Coming Up This Week
The World Opens, Oil Booms
As travel restarts and people begin to drive, fly, and move around in general, petroleum is expected to make a major rebound. While there have been some concerns with oil as of late, the end of 2021 could see its return to pre-COVID-19 prices. Although green movements continue to grow and gain support around the world, fossil fuels like oil are still expected to maintain importance.
Europe’s Vaccination Plan and COVID-19’s Third Wave
As vaccination campaigns continue underway around the world, Europe doesn’t seem to have managed to keep a third wave of COVID-19 from taking it by storm. Original plans for the region to vaccinate residents before the summer seem to now be under threat. Part of the problem? Virus mutations and late delivery of vaccine doses.
More Things to Sip On…
The Pfizer and BioNTech vaccine is expecting to ramp up production and distribution.
US-China talks heat up in Alaska.
The US grapples with a mass shooting of Asian-Americans and questions surrounding the perpetrators motives.
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 March 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.
