qH[ki · Welcome to Week 12! Well done for making it this far through the semester - we know it...
6
6/26/2020 UNIT Monash Week 12 Newsletter: Semester 1 Wrap Up and Upcoming Recruitment https://mailchi.mp/cdf200a2ab01/unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 1/6 View this email in your browser Hey <<First Name>>! We introduce to you the new look of the UNIT Monash newsletter! We are continually trying to improve on how we can best meet your needs and provide relevant and useful content for our valued members. To ensure this is the case, we now include a link at the bottom of the newsletter for you to provide feedback to us. If you want us to cover a topic or want to tell us what you think we are doing right, please fill it out! We want to thank you in advance for your contributions. Welcome to Week 12! Well done for making it this far through the semester - we know it hasn't been easy given the circumstances. That being said, we greatly appreciate all of you for your continued support and we wish you best of luck for your upcoming exams! Last week's revision lectures were a great success! Thank you to everyone who attended, we hope you got some handy revision in for those tricky exams! Semester 2 recruitment is around the corner, so stay tuned by following our Facebook Page here: https://www.facebook.com/UNITMonash/ More details will also be posted in the first newsletter next semester, so keep your eyes peeled! Subscribe Past Issues Translate
Transcript of qH[ki · Welcome to Week 12! Well done for making it this far through the semester - we know it...
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 16
View this email in your browser
Weekly Newsletter
Semester 1 Week 12 2020
Hey ltltFirst Namegtgt
We introduce to you the new look of the UNIT Monash newsletter
We are continually trying to improve on how we can best meet your needs and provide relevant and useful
content for our valued members To ensure this is the case we now include a link at the bottom of the
newsletter for you to provide feedback to us If you want us to cover a topic or want to tell us what you
think we are doing right please fill it out We want to thank you in advance for your contributions
Welcome to Week 12 Well done for making it this far through the semester - we know it hasnt been easy
given the circumstances That being said we greatly appreciate all of you for your continued support and
we wish you best of luck for your upcoming exams
Events
Last weeks revision lectures were a great success Thank you to everyone who attended we hope you
got some handy revision in for those tricky exams
Semester 2 recruitment is around the corner so stay tuned by following our Facebook Page
here httpswwwfacebookcomUNITMonash
More details will also be posted in the first newsletter next semester so keep your eyes peeled
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 26
Market Insights
With the semester over we take a look back at some of your favourite market insights
Two-Faced FDIs amp COVID-19rsquos Role in Accelerated Deglobalisation
The Financial Times (ldquoThe modern era of globalisation is in dangerrdquo May 24) is right to argue ldquothe current
era of globalisation is not dead but looks in ill healthrdquo With the rise of populist nationalism such as UKrsquos
Brexit vote and the US election of Donald Trump in 2016 the COVID-19 risks deliver the knockout blow
Every country will have to pay the price for increasing protectionism resulting in frailer domestic
production
Click here to read more
Turm-Oil
The markets have experienced extreme volatility in the past few weeks Along with this the market for oil
has plummeted to levels never seen before
In this article we will break down the timeline of oilrsquos collapse
Click here to read more
Asias COVID-19 Monetary Policies
As the world remains in the midst of the COVID-19 pandemic many countries are enacting strict
lockdowns leading to a slowdown in economic activity Expectations are growing for coordinated central
bank action to cushion the economic fallout
Click here to read more
Global Pandemic Buying Spree
In this unprecedented time societyrsquos consumption levels have fallen to levels last seen in the 90rsquos The
coronavirus caused the global markets to collapse with the SampP ASX200 falling 389 from its all-time
high However in such terrible times company director investments have seen a massive spike
Click here to read more
The Global Supply Chain Shock
The worldrsquos supply chains are facing root-to-branch shutdowns as lockdown measures to contain the
coronavirus outbreak intensifies The supply chain crisis that began earlier this year from the closure of
Chinese factories has spread into major industries elsewhere The shutdowns are contributing to the
growing belief that the world has slipped into its first recession since the GFC
Click here to read more
Weekly Global Breakdown
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 36
The Australian market experienced an extremely volatile week with the ASX closing 508 lower than the
previous trading week This was mainly because of the sell off in the US with the Dow Jones falling
768 Many investors are fearing that this may be the end of the dead cat bounce and are expecting the
market to slide further
All sectors across the ASX performed badly with none recording a positive return The worst performing
sector was energy which fell by 701 at close This is on the backend of Goldman Sachs releasing a
warning stating that the oil industry may come under another collapse with the possibility of reaching
negative territory
The US market experienced a very volatile week with the Dow Jones falling 768 and NASDAQ
following with a fall of 246 The US continues to face difficulty with riots and along with this consumer
sentiment of a possible second wave prompted many investors to sell off their portfolio with the Dow
Jones falling 18618 pts the largest fall since March
Despite this Fridayrsquos trading saw the Dow Jones to bounce back gaining 19 despite the current
volatility An important milestone this week was Tesla (NASDAQTSLA) reaching $1000 per share for the
first time
With volatility still having a large impact on the market and economic outlook it will be vital to see how this
will affect the global markets
Wednesday 1006 ndash The Stoxx Euro 600 experienced a 01 fall to 36931 following pessimistic global
growth forecasts The FTSE 100 was also down 01 trading at 6329713 The Organisation for
Economic Cooperation amp Development released its economic outlook The body predicted a -6 in GDP if
a second-wave is avoided however if not 2020rsquos global GDP is forecasted to drop by 76 The OECD
declared while growth will surge in some sectors overall activity will remain ldquomutedrdquo until a vaccine is
widely available ECB officials are developing a scheme to cope with future toxic debt following the
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 46
outbreak The aim is to shield commercial banks from any second fallout from the crisis if rising
unemployment prevents income needed to repay loans The EURUSD rose by 01 trading at
US$11356 The GBPUSD increased by 037 trading at US$12757 The Eurorsquos and Poundrsquos advantage
is due to a weakening greenback following the Fed Reserversquos decision to leave interest rates unchanged
Thursday 1106 ndash The Euro Stoxx 600 fell by 41 with automobile stocks being the biggest drags
Renault experienced a fall of 141 following the chairmanrsquos comments that the firmrsquos nationalisation was
not being contemplated after the carmaker received a US$57 billion loan from the French government
Pessimistic sentiments followed after the Fed Reserve projected a 65 contraction in the 2020 US
economy
Friday 1206 ndash The FTSE100 Index fell 043 trading at 6035 pointsThe bearish trend aligned with
negative sentiments after the Office of National Statistics revealed that UKrsquos April GDP contracted by
204 the biggest fall on record Many investors were spooked by the possibility of a second wave CMC
Markets analyst David Madden declared that there were many reports from California Texas and other
US States that loosening restrictions have led to a jump in new infections The EURUSD gained 16
and opened to an 11-week high at US$11383 before the pair closed in at USD$11292 This weekrsquos high
has eased up amidst concerns that a resurgence of infection cases have been reported in some US
States following the easing of lockdowns The GBPUSD has fallen by 1 trading at a dayrsquos high of
US$12486 following little Brexit progress and a lag in the UK economy
Tuesday 0910 ndash The USDJPY continued its losses from Monday dropping by 042 to settle at 10800
Yen Tensions were high amongst Japanese investors following North Korearsquos announcement to cut all
inter-Korean communication from the South
Wednesday 1006 ndash The USDCNY declined to trade at 70623 Yuan following negative Chinese
economic data Factory deflation worsened in May dropping by 37 whilst the CPI dropped by 08
Thursday 1106 ndash The Nikkei 225 declined by more than 25 as investors reacted to the Fed Reserversquos
decision to leave rates unchanged The negative outlook continued after the latest Finance Ministry and
Cabinet Office data revealed an index drop to - 476 of confidence in large Japanese companies This was
the lowest index since the GFC in 2009 The SSE Index was down 078 settling at 292090 points The
big gainers were in the electrical equipment automobile and IT hardware and software sectors with gains
of 103 089 and 063 respectively
Friday 1206 ndash The Nikkei 225 declined by more than 1 in reaction to the previous dayrsquos Wall Street sell-
off Investors in Japan are also concerned about a second wave of infections especially after US data
revealed spikes in certain states The USDJPY gained 07 trading at 10745 Yen This week the
greenback fell by 27 against the safe-haven Yen The SSE Index was down 004 finishing at
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 56
291974 The Chinese mainland market saw capital flowing out to overseas markets with a net outflow of
895 million Yuan Investors in the Chinese A-share market saw a boost in confidence after Beijing
announced it would publish reform policies for Shenzenrsquos ChiNext start-up Board to bolster its capital
markets The reforms are part of Chinarsquos efforts to seek self-sufficiency particularly in tech start-ups to
gain domestic capital and be less reliant in foreign funding USDCNY fixing was up 036 at 70865
Yuan
Questions and Feedback
Questions
As we mentioned in previous emails - we started UNIT Monash with the vision of educating the student
community in investing and trading to one day strive for financial independence
We want to create a new concept of peer-to-peer communications about investing and trading Theres a
lot of value in sharing experiences having opinions and shedding light on new ideas Feel free to get in
contact with us via Facebook if you have any enquiries about investment trading or our upcoming events
Feedback
We consistently strive to improve on how we can best meet your needs and provide relevant and useful
content for you our valued members If you want us to cover a topic or want to tell us what you think we
are doing right please click here to fill out our one-minute feedback form
We want to thank you in advance for your contributions
Regards
UNIT Monash
SPONSORS AND PARTNERS
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 66
Disclaimer
The authors of this publication are not qualified to provide financial or investment advice and as such the
content provided should not be construed in this manner All information is intended purely for educational
purposes and is provided for the personal interest of UNIT members The opinions expressed within the
weekly newsletter do not reflect those of UNIT as an organisation its partners or its sponsors
This email was sent to ltltEmail Addressgtgt why did I get this unsubscribe from this list update subscription preferences
University Network of Investing and Trading middot Monash University Wellington Road middot Clayton Victoria 3800 middot Australia
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 26
Market Insights
With the semester over we take a look back at some of your favourite market insights
Two-Faced FDIs amp COVID-19rsquos Role in Accelerated Deglobalisation
The Financial Times (ldquoThe modern era of globalisation is in dangerrdquo May 24) is right to argue ldquothe current
era of globalisation is not dead but looks in ill healthrdquo With the rise of populist nationalism such as UKrsquos
Brexit vote and the US election of Donald Trump in 2016 the COVID-19 risks deliver the knockout blow
Every country will have to pay the price for increasing protectionism resulting in frailer domestic
production
Click here to read more
Turm-Oil
The markets have experienced extreme volatility in the past few weeks Along with this the market for oil
has plummeted to levels never seen before
In this article we will break down the timeline of oilrsquos collapse
Click here to read more
Asias COVID-19 Monetary Policies
As the world remains in the midst of the COVID-19 pandemic many countries are enacting strict
lockdowns leading to a slowdown in economic activity Expectations are growing for coordinated central
bank action to cushion the economic fallout
Click here to read more
Global Pandemic Buying Spree
In this unprecedented time societyrsquos consumption levels have fallen to levels last seen in the 90rsquos The
coronavirus caused the global markets to collapse with the SampP ASX200 falling 389 from its all-time
high However in such terrible times company director investments have seen a massive spike
Click here to read more
The Global Supply Chain Shock
The worldrsquos supply chains are facing root-to-branch shutdowns as lockdown measures to contain the
coronavirus outbreak intensifies The supply chain crisis that began earlier this year from the closure of
Chinese factories has spread into major industries elsewhere The shutdowns are contributing to the
growing belief that the world has slipped into its first recession since the GFC
Click here to read more
Weekly Global Breakdown
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 36
The Australian market experienced an extremely volatile week with the ASX closing 508 lower than the
previous trading week This was mainly because of the sell off in the US with the Dow Jones falling
768 Many investors are fearing that this may be the end of the dead cat bounce and are expecting the
market to slide further
All sectors across the ASX performed badly with none recording a positive return The worst performing
sector was energy which fell by 701 at close This is on the backend of Goldman Sachs releasing a
warning stating that the oil industry may come under another collapse with the possibility of reaching
negative territory
The US market experienced a very volatile week with the Dow Jones falling 768 and NASDAQ
following with a fall of 246 The US continues to face difficulty with riots and along with this consumer
sentiment of a possible second wave prompted many investors to sell off their portfolio with the Dow
Jones falling 18618 pts the largest fall since March
Despite this Fridayrsquos trading saw the Dow Jones to bounce back gaining 19 despite the current
volatility An important milestone this week was Tesla (NASDAQTSLA) reaching $1000 per share for the
first time
With volatility still having a large impact on the market and economic outlook it will be vital to see how this
will affect the global markets
Wednesday 1006 ndash The Stoxx Euro 600 experienced a 01 fall to 36931 following pessimistic global
growth forecasts The FTSE 100 was also down 01 trading at 6329713 The Organisation for
Economic Cooperation amp Development released its economic outlook The body predicted a -6 in GDP if
a second-wave is avoided however if not 2020rsquos global GDP is forecasted to drop by 76 The OECD
declared while growth will surge in some sectors overall activity will remain ldquomutedrdquo until a vaccine is
widely available ECB officials are developing a scheme to cope with future toxic debt following the
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 46
outbreak The aim is to shield commercial banks from any second fallout from the crisis if rising
unemployment prevents income needed to repay loans The EURUSD rose by 01 trading at
US$11356 The GBPUSD increased by 037 trading at US$12757 The Eurorsquos and Poundrsquos advantage
is due to a weakening greenback following the Fed Reserversquos decision to leave interest rates unchanged
Thursday 1106 ndash The Euro Stoxx 600 fell by 41 with automobile stocks being the biggest drags
Renault experienced a fall of 141 following the chairmanrsquos comments that the firmrsquos nationalisation was
not being contemplated after the carmaker received a US$57 billion loan from the French government
Pessimistic sentiments followed after the Fed Reserve projected a 65 contraction in the 2020 US
economy
Friday 1206 ndash The FTSE100 Index fell 043 trading at 6035 pointsThe bearish trend aligned with
negative sentiments after the Office of National Statistics revealed that UKrsquos April GDP contracted by
204 the biggest fall on record Many investors were spooked by the possibility of a second wave CMC
Markets analyst David Madden declared that there were many reports from California Texas and other
US States that loosening restrictions have led to a jump in new infections The EURUSD gained 16
and opened to an 11-week high at US$11383 before the pair closed in at USD$11292 This weekrsquos high
has eased up amidst concerns that a resurgence of infection cases have been reported in some US
States following the easing of lockdowns The GBPUSD has fallen by 1 trading at a dayrsquos high of
US$12486 following little Brexit progress and a lag in the UK economy
Tuesday 0910 ndash The USDJPY continued its losses from Monday dropping by 042 to settle at 10800
Yen Tensions were high amongst Japanese investors following North Korearsquos announcement to cut all
inter-Korean communication from the South
Wednesday 1006 ndash The USDCNY declined to trade at 70623 Yuan following negative Chinese
economic data Factory deflation worsened in May dropping by 37 whilst the CPI dropped by 08
Thursday 1106 ndash The Nikkei 225 declined by more than 25 as investors reacted to the Fed Reserversquos
decision to leave rates unchanged The negative outlook continued after the latest Finance Ministry and
Cabinet Office data revealed an index drop to - 476 of confidence in large Japanese companies This was
the lowest index since the GFC in 2009 The SSE Index was down 078 settling at 292090 points The
big gainers were in the electrical equipment automobile and IT hardware and software sectors with gains
of 103 089 and 063 respectively
Friday 1206 ndash The Nikkei 225 declined by more than 1 in reaction to the previous dayrsquos Wall Street sell-
off Investors in Japan are also concerned about a second wave of infections especially after US data
revealed spikes in certain states The USDJPY gained 07 trading at 10745 Yen This week the
greenback fell by 27 against the safe-haven Yen The SSE Index was down 004 finishing at
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 56
291974 The Chinese mainland market saw capital flowing out to overseas markets with a net outflow of
895 million Yuan Investors in the Chinese A-share market saw a boost in confidence after Beijing
announced it would publish reform policies for Shenzenrsquos ChiNext start-up Board to bolster its capital
markets The reforms are part of Chinarsquos efforts to seek self-sufficiency particularly in tech start-ups to
gain domestic capital and be less reliant in foreign funding USDCNY fixing was up 036 at 70865
Yuan
Questions and Feedback
Questions
As we mentioned in previous emails - we started UNIT Monash with the vision of educating the student
community in investing and trading to one day strive for financial independence
We want to create a new concept of peer-to-peer communications about investing and trading Theres a
lot of value in sharing experiences having opinions and shedding light on new ideas Feel free to get in
contact with us via Facebook if you have any enquiries about investment trading or our upcoming events
Feedback
We consistently strive to improve on how we can best meet your needs and provide relevant and useful
content for you our valued members If you want us to cover a topic or want to tell us what you think we
are doing right please click here to fill out our one-minute feedback form
We want to thank you in advance for your contributions
Regards
UNIT Monash
SPONSORS AND PARTNERS
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 66
Disclaimer
The authors of this publication are not qualified to provide financial or investment advice and as such the
content provided should not be construed in this manner All information is intended purely for educational
purposes and is provided for the personal interest of UNIT members The opinions expressed within the
weekly newsletter do not reflect those of UNIT as an organisation its partners or its sponsors
This email was sent to ltltEmail Addressgtgt why did I get this unsubscribe from this list update subscription preferences
University Network of Investing and Trading middot Monash University Wellington Road middot Clayton Victoria 3800 middot Australia
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 36
The Australian market experienced an extremely volatile week with the ASX closing 508 lower than the
previous trading week This was mainly because of the sell off in the US with the Dow Jones falling
768 Many investors are fearing that this may be the end of the dead cat bounce and are expecting the
market to slide further
All sectors across the ASX performed badly with none recording a positive return The worst performing
sector was energy which fell by 701 at close This is on the backend of Goldman Sachs releasing a
warning stating that the oil industry may come under another collapse with the possibility of reaching
negative territory
The US market experienced a very volatile week with the Dow Jones falling 768 and NASDAQ
following with a fall of 246 The US continues to face difficulty with riots and along with this consumer
sentiment of a possible second wave prompted many investors to sell off their portfolio with the Dow
Jones falling 18618 pts the largest fall since March
Despite this Fridayrsquos trading saw the Dow Jones to bounce back gaining 19 despite the current
volatility An important milestone this week was Tesla (NASDAQTSLA) reaching $1000 per share for the
first time
With volatility still having a large impact on the market and economic outlook it will be vital to see how this
will affect the global markets
Wednesday 1006 ndash The Stoxx Euro 600 experienced a 01 fall to 36931 following pessimistic global
growth forecasts The FTSE 100 was also down 01 trading at 6329713 The Organisation for
Economic Cooperation amp Development released its economic outlook The body predicted a -6 in GDP if
a second-wave is avoided however if not 2020rsquos global GDP is forecasted to drop by 76 The OECD
declared while growth will surge in some sectors overall activity will remain ldquomutedrdquo until a vaccine is
widely available ECB officials are developing a scheme to cope with future toxic debt following the
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 46
outbreak The aim is to shield commercial banks from any second fallout from the crisis if rising
unemployment prevents income needed to repay loans The EURUSD rose by 01 trading at
US$11356 The GBPUSD increased by 037 trading at US$12757 The Eurorsquos and Poundrsquos advantage
is due to a weakening greenback following the Fed Reserversquos decision to leave interest rates unchanged
Thursday 1106 ndash The Euro Stoxx 600 fell by 41 with automobile stocks being the biggest drags
Renault experienced a fall of 141 following the chairmanrsquos comments that the firmrsquos nationalisation was
not being contemplated after the carmaker received a US$57 billion loan from the French government
Pessimistic sentiments followed after the Fed Reserve projected a 65 contraction in the 2020 US
economy
Friday 1206 ndash The FTSE100 Index fell 043 trading at 6035 pointsThe bearish trend aligned with
negative sentiments after the Office of National Statistics revealed that UKrsquos April GDP contracted by
204 the biggest fall on record Many investors were spooked by the possibility of a second wave CMC
Markets analyst David Madden declared that there were many reports from California Texas and other
US States that loosening restrictions have led to a jump in new infections The EURUSD gained 16
and opened to an 11-week high at US$11383 before the pair closed in at USD$11292 This weekrsquos high
has eased up amidst concerns that a resurgence of infection cases have been reported in some US
States following the easing of lockdowns The GBPUSD has fallen by 1 trading at a dayrsquos high of
US$12486 following little Brexit progress and a lag in the UK economy
Tuesday 0910 ndash The USDJPY continued its losses from Monday dropping by 042 to settle at 10800
Yen Tensions were high amongst Japanese investors following North Korearsquos announcement to cut all
inter-Korean communication from the South
Wednesday 1006 ndash The USDCNY declined to trade at 70623 Yuan following negative Chinese
economic data Factory deflation worsened in May dropping by 37 whilst the CPI dropped by 08
Thursday 1106 ndash The Nikkei 225 declined by more than 25 as investors reacted to the Fed Reserversquos
decision to leave rates unchanged The negative outlook continued after the latest Finance Ministry and
Cabinet Office data revealed an index drop to - 476 of confidence in large Japanese companies This was
the lowest index since the GFC in 2009 The SSE Index was down 078 settling at 292090 points The
big gainers were in the electrical equipment automobile and IT hardware and software sectors with gains
of 103 089 and 063 respectively
Friday 1206 ndash The Nikkei 225 declined by more than 1 in reaction to the previous dayrsquos Wall Street sell-
off Investors in Japan are also concerned about a second wave of infections especially after US data
revealed spikes in certain states The USDJPY gained 07 trading at 10745 Yen This week the
greenback fell by 27 against the safe-haven Yen The SSE Index was down 004 finishing at
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 56
291974 The Chinese mainland market saw capital flowing out to overseas markets with a net outflow of
895 million Yuan Investors in the Chinese A-share market saw a boost in confidence after Beijing
announced it would publish reform policies for Shenzenrsquos ChiNext start-up Board to bolster its capital
markets The reforms are part of Chinarsquos efforts to seek self-sufficiency particularly in tech start-ups to
gain domestic capital and be less reliant in foreign funding USDCNY fixing was up 036 at 70865
Yuan
Questions and Feedback
Questions
As we mentioned in previous emails - we started UNIT Monash with the vision of educating the student
community in investing and trading to one day strive for financial independence
We want to create a new concept of peer-to-peer communications about investing and trading Theres a
lot of value in sharing experiences having opinions and shedding light on new ideas Feel free to get in
contact with us via Facebook if you have any enquiries about investment trading or our upcoming events
Feedback
We consistently strive to improve on how we can best meet your needs and provide relevant and useful
content for you our valued members If you want us to cover a topic or want to tell us what you think we
are doing right please click here to fill out our one-minute feedback form
We want to thank you in advance for your contributions
Regards
UNIT Monash
SPONSORS AND PARTNERS
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 66
Disclaimer
The authors of this publication are not qualified to provide financial or investment advice and as such the
content provided should not be construed in this manner All information is intended purely for educational
purposes and is provided for the personal interest of UNIT members The opinions expressed within the
weekly newsletter do not reflect those of UNIT as an organisation its partners or its sponsors
This email was sent to ltltEmail Addressgtgt why did I get this unsubscribe from this list update subscription preferences
University Network of Investing and Trading middot Monash University Wellington Road middot Clayton Victoria 3800 middot Australia
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 46
outbreak The aim is to shield commercial banks from any second fallout from the crisis if rising
unemployment prevents income needed to repay loans The EURUSD rose by 01 trading at
US$11356 The GBPUSD increased by 037 trading at US$12757 The Eurorsquos and Poundrsquos advantage
is due to a weakening greenback following the Fed Reserversquos decision to leave interest rates unchanged
Thursday 1106 ndash The Euro Stoxx 600 fell by 41 with automobile stocks being the biggest drags
Renault experienced a fall of 141 following the chairmanrsquos comments that the firmrsquos nationalisation was
not being contemplated after the carmaker received a US$57 billion loan from the French government
Pessimistic sentiments followed after the Fed Reserve projected a 65 contraction in the 2020 US
economy
Friday 1206 ndash The FTSE100 Index fell 043 trading at 6035 pointsThe bearish trend aligned with
negative sentiments after the Office of National Statistics revealed that UKrsquos April GDP contracted by
204 the biggest fall on record Many investors were spooked by the possibility of a second wave CMC
Markets analyst David Madden declared that there were many reports from California Texas and other
US States that loosening restrictions have led to a jump in new infections The EURUSD gained 16
and opened to an 11-week high at US$11383 before the pair closed in at USD$11292 This weekrsquos high
has eased up amidst concerns that a resurgence of infection cases have been reported in some US
States following the easing of lockdowns The GBPUSD has fallen by 1 trading at a dayrsquos high of
US$12486 following little Brexit progress and a lag in the UK economy
Tuesday 0910 ndash The USDJPY continued its losses from Monday dropping by 042 to settle at 10800
Yen Tensions were high amongst Japanese investors following North Korearsquos announcement to cut all
inter-Korean communication from the South
Wednesday 1006 ndash The USDCNY declined to trade at 70623 Yuan following negative Chinese
economic data Factory deflation worsened in May dropping by 37 whilst the CPI dropped by 08
Thursday 1106 ndash The Nikkei 225 declined by more than 25 as investors reacted to the Fed Reserversquos
decision to leave rates unchanged The negative outlook continued after the latest Finance Ministry and
Cabinet Office data revealed an index drop to - 476 of confidence in large Japanese companies This was
the lowest index since the GFC in 2009 The SSE Index was down 078 settling at 292090 points The
big gainers were in the electrical equipment automobile and IT hardware and software sectors with gains
of 103 089 and 063 respectively
Friday 1206 ndash The Nikkei 225 declined by more than 1 in reaction to the previous dayrsquos Wall Street sell-
off Investors in Japan are also concerned about a second wave of infections especially after US data
revealed spikes in certain states The USDJPY gained 07 trading at 10745 Yen This week the
greenback fell by 27 against the safe-haven Yen The SSE Index was down 004 finishing at
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6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 56
291974 The Chinese mainland market saw capital flowing out to overseas markets with a net outflow of
895 million Yuan Investors in the Chinese A-share market saw a boost in confidence after Beijing
announced it would publish reform policies for Shenzenrsquos ChiNext start-up Board to bolster its capital
markets The reforms are part of Chinarsquos efforts to seek self-sufficiency particularly in tech start-ups to
gain domestic capital and be less reliant in foreign funding USDCNY fixing was up 036 at 70865
Yuan
Questions and Feedback
Questions
As we mentioned in previous emails - we started UNIT Monash with the vision of educating the student
community in investing and trading to one day strive for financial independence
We want to create a new concept of peer-to-peer communications about investing and trading Theres a
lot of value in sharing experiences having opinions and shedding light on new ideas Feel free to get in
contact with us via Facebook if you have any enquiries about investment trading or our upcoming events
Feedback
We consistently strive to improve on how we can best meet your needs and provide relevant and useful
content for you our valued members If you want us to cover a topic or want to tell us what you think we
are doing right please click here to fill out our one-minute feedback form
We want to thank you in advance for your contributions
Regards
UNIT Monash
SPONSORS AND PARTNERS
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 66
Disclaimer
The authors of this publication are not qualified to provide financial or investment advice and as such the
content provided should not be construed in this manner All information is intended purely for educational
purposes and is provided for the personal interest of UNIT members The opinions expressed within the
weekly newsletter do not reflect those of UNIT as an organisation its partners or its sponsors
This email was sent to ltltEmail Addressgtgt why did I get this unsubscribe from this list update subscription preferences
University Network of Investing and Trading middot Monash University Wellington Road middot Clayton Victoria 3800 middot Australia
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 56
291974 The Chinese mainland market saw capital flowing out to overseas markets with a net outflow of
895 million Yuan Investors in the Chinese A-share market saw a boost in confidence after Beijing
announced it would publish reform policies for Shenzenrsquos ChiNext start-up Board to bolster its capital
markets The reforms are part of Chinarsquos efforts to seek self-sufficiency particularly in tech start-ups to
gain domestic capital and be less reliant in foreign funding USDCNY fixing was up 036 at 70865
Yuan
Questions and Feedback
Questions
As we mentioned in previous emails - we started UNIT Monash with the vision of educating the student
community in investing and trading to one day strive for financial independence
We want to create a new concept of peer-to-peer communications about investing and trading Theres a
lot of value in sharing experiences having opinions and shedding light on new ideas Feel free to get in
contact with us via Facebook if you have any enquiries about investment trading or our upcoming events
Feedback
We consistently strive to improve on how we can best meet your needs and provide relevant and useful
content for you our valued members If you want us to cover a topic or want to tell us what you think we
are doing right please click here to fill out our one-minute feedback form
We want to thank you in advance for your contributions
Regards
UNIT Monash
SPONSORS AND PARTNERS
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 66
Disclaimer
The authors of this publication are not qualified to provide financial or investment advice and as such the
content provided should not be construed in this manner All information is intended purely for educational
purposes and is provided for the personal interest of UNIT members The opinions expressed within the
weekly newsletter do not reflect those of UNIT as an organisation its partners or its sponsors
This email was sent to ltltEmail Addressgtgt why did I get this unsubscribe from this list update subscription preferences
University Network of Investing and Trading middot Monash University Wellington Road middot Clayton Victoria 3800 middot Australia
Subscribe Past Issues Translate
6262020 UNIT Monash Week 12 Newsletter Semester 1 Wrap Up and Upcoming Recruitment
httpsmailchimpcdf200a2ab01unit-monash-week-6-newsletter-effect-of-covid-19-on-the-sporting-world-5093293 66
Disclaimer
The authors of this publication are not qualified to provide financial or investment advice and as such the
content provided should not be construed in this manner All information is intended purely for educational
purposes and is provided for the personal interest of UNIT members The opinions expressed within the
weekly newsletter do not reflect those of UNIT as an organisation its partners or its sponsors
This email was sent to ltltEmail Addressgtgt why did I get this unsubscribe from this list update subscription preferences
University Network of Investing and Trading middot Monash University Wellington Road middot Clayton Victoria 3800 middot Australia
Subscribe Past Issues Translate
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