Weekly Report 2020 Wk18 - AshokBhat/investing GitHub Wiki
Major news
USA
- Vaccine hopes propel stocks
- US Fed: "There is no limit to what we can do"
Europe
- Lagarde - "ECB to continue QE undeterred"
- BOE’s Bailey Signals U-turn On Negative Rates - Officials are actively considering all options to prop up the economy.
India
- The RBI cut the repo rate by 0.4% - Repo rate at 4% and reserve repo rate at 3.35%.
Gold
Historical Performance
| Period | Change ($) | Change (%) |
|---|---|---|
| 30 Days | +18.60 | +6.87% |
| 1 year | +459.90 | +36.13% |
| 5 Years | +526.80 | +43.69% |
Source: https://www.kitco.com/charts/livegold.html
Weekly update
| Item | GBP | USD |
|---|---|---|
| Current Price | £1,427.26 | $1,736.63 |
| Week High | £1,459.42 | $1,765.55 |
| Week Low | £1,404.18 | $1,717.83 |
| Week Change | £-13.46 (-0.93%) | $-6.92 (-0.40%) |
Source: https://www.gold.co.uk/gold-price/
Exchange rates
| Currency | Rate | Previous week |
|---|---|---|
| GBP to INR | 92.45 | |
| GBP to USD | 1.22 | |
| USD to INR | 75.98 |
US stocks
| Index | Friday's Close | Week’s Change | % Change YTD |
|---|---|---|---|
| DJIA | 24,465.16 | +779.74 | -14.27% |
| S&P 500 | 2,955.45 | +91.75 | -8.52% |
| Nasdaq Composite | 9,324.59 | 310.03 | 3.92% |
| S&P MidCap 400 | 1,693.16 | +114.90 | -17.93% |
| Russell 2000 | 1,352.38 | 95.39 | -18.94% |
Source: https://www.troweprice.com/
Fed balance sheet
- The Federal Reserve’s balance sheet crossed $7 trillion.
| Date | Assets |
|---|---|
| 26-Feb-2020 | 4,158,637 |
| 4-Mar-2020 | 4,241,507 |
| 11-Mar-2020 | 4,311,911 |
| 18-Mar-2020 | 4,668,212 |
| 25-Mar-2020 | 5,254,278 |
| 1-Apr-2020 | 5,811,607 |
| 8-Apr-2020 | 6,083,141 |
| 15-Apr-2020 | 6,367,887 |
| 22-Apr-2020 | 6,573,136 |
| 29-Apr-2020 | 6,655,929 |
| 6-May-2020 | 6,721,420 |
| 13-May-2020 | 6,934,227 |
| 20-May-2020 | 7,037,258 |
Source: https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm