Weekly Report 2020 Wk13 - AshokBhat/investing GitHub Wiki

Major economic news

  • Google and Microsoft - Slowdown or freeze of hiring
  • TCS freezes salary hikes
  • Coronavirus - Cases: 2,394,246 Deaths: 164,527 Recovered: 614,905

Market

  • Discounting FY20, Looking at FY21 earnings
  • Positive - Fed Put, hope that medical advances will happen
  • Ignoring all the negative news, as they are not as negative as previous weeks

Gold

Item GBP USD
Current Price £1,347.24 $1,685.16
Week High £1,392.65 $1,747.99
Week Low £1,345.77 $1,678.75
Week Change £-6.33 (-0.47%) $-2.01 (-0.12%)

Exchange rates

Currency Rate Change
GBP to INR 95.70
GBP to USD 1.25
USD to INR 76.50

US stocks

Index Friday's Close Week’s Change % Change YTD
DJIA 24,242 523 -15.05%
S&P 500 2,874 84 -11.03%
Nasdaq Composite 8,650 496 -3.59%
S&P MidCap 400 1,561 -24 -24.31%
Russell 2000 1,229 -17 -26.33%