Financial news around the world

Here's a summary of some of the latest financial news from around the world:

Global Markets

• The Dow Jones Industrial Average (DJIA) closed at a record high of 34,511.81 on Friday, driven by strong earnings reports and optimism about the economic recovery.
• The S&P 500 also hit a record high, closing at 4,141.59.
• The Nasdaq Composite Index rose 0.6% to 13,542.95, led by gains in technology and healthcare stocks.
• The MSCI All-Country World Index, which tracks stocks in 23 developed and 24 emerging markets, rose 0.4% to 644.41.

Economic News

• The International Monetary Fund (IMF) has cut its global economic growth forecast for 2021 to 5.5%, down from 6.0% in April, citing the ongoing pandemic and supply chain disruptions.
• The European Central Bank (ECB) has kept interest rates unchanged, but signaled that it may consider raising rates in the second half of 2022 if inflation remains above target.
• The Bank of England (BoE) has also kept interest rates unchanged, but hinted that it may raise rates in the coming months to combat rising inflation.

Company News

• Tesla (TSLA) has reported a record quarterly profit, driven by strong demand for its electric vehicles and solar panels.
• Amazon (AMZN) has announced a 21% increase in its minimum wage for U.S. employees, effective November 1.
• Microsoft (MSFT) has reported a 33% increase in its quarterly profit, driven by strong demand for its cloud computing services and software products.

Currency Markets

• The U.S. dollar has strengthened against most major currencies, driven by expectations of higher interest rates in the United States.
• The euro has fallen to a two-year low against the dollar, amid concerns about the European Union's economic recovery and the impact of Brexit on the UK economy.
• The Japanese yen has weakened to a 15-month low against the dollar, amid expectations of further monetary easing by the Bank of Japan.

Cryptocurrency News

• Bitcoin (BTC) has surged to a record high of $64,895, driven by growing institutional investment and speculation about its potential as a store of value.
• Ethereum (ETH) has also risen to a record high, driven by growing demand for its blockchain technology and decentralized finance (DeFi) applications.
• The total value of all cryptocurrencies has surpassed $3 trillion, driven by the surge in prices of major cryptocurrencies like Bitcoin and Ethereum.

Regulatory News

• The U.S. Securities and Exchange Commission (SEC) has proposed new rules to regulate the trading of cryptocurrencies, including requirements for exchanges and broker-dealers to register with the agency.
• The European Union has proposed new rules to regulate the use of cryptocurrencies, including requirements for exchanges and wallet providers to register with the agency.
• The Chinese government has announced plans to launch a digital currency, the Digital Currency Electronic Payment (DCEP), which will be backed by the country's central bank.

These are just some of the latest financial news stories from around the world.