2.5 Months Online.
Bitstil (reviewed here) recently published an update summarizing the present situation with respect to the European stock market. This update may have limited interest. However, while we frequently give updates dealing with cryptocurrencies, we rarely say anything about stocks. So, this brief update will possibly bring you somewhat up to speed in this department — at least in-so-far-as the European stock market is concerned.
In case you’ve forgotten about Bitstil, they have been listed on the EmilyNews monitor for roughly one month now. They have been online for around 2.5 months. In our “First Thoughts” article about Bitstil, we noted that the company offers three investment plans and that all of them are different TYPES of plans. You might even say that they are trying to please all TYPES of investors — investors with differing investment personalities, not to mention investors who are willing to take different levels of risk. For these reasons, you might want to take a second look at Bistil in case the program has slipped your mind.
Here’s what we said about Bitstil in this “First Thoughts” article:
Bitstil offers three plans for the online investor. All of them are 15 working days long. However, they are different TYPES of investment plans. The first pays you a daily return that includes both your interest and deposit. The second pays you a daily return that only includes your interest; your deposit is returned to you at the end of the plan. The third pays you a one-shot return at the end of the plan that includes both your interest earnings and your deposit. Minimum investment requirements vary from a minimum of $15 up to a maximum of $2,500 — which might be prohibitive for many investors. As you might expect, it looks like the more profitable plans have the higher minimum investment requirements.
Finally, here’s the update from Bitstil concerning the European stock market:
EUROPEAN STOCKS ROSE. EUROPEAN COUNTRIES ARE SLOWLY REOPENING FROM SHUTDOWNS.
European stocks rose to kick off the week on Monday, with gains led by Deutsche Lufthans AG and Bayer AG, alongside an upbeat business sentiment survey out of Germany. But trade was thinner trade due to holidays in the U.K. and the U.S.
Extending earlier gains, the Stoxx Europe 600 index SXXP, +1.47% rose 1.1% to 343.98, after gaining 3.6% last week. That marked the best weekly return since the week ended April 9. The French CAC 40 index PX1, +2.14% jumped 1.5% and the FTSE MIB Italy I945, +1.61% gained 1%. U.K. markets will remain closed Monday for a Spring Bank holiday.
Leading regional indexes, the German DAX DAX, +2.86% surged 2% on a mix of data and corporate news. German business sentiment came in stronger than expected for May after a “catastrophic few months,” said the Ifo institute. The gradual easing of the lockdown “offers a glimmer of hope” for business, said Clemens Fuest, Ifo president.
In Europe, investors have also been cheered by news that major European countries are slowly reopening from shutdowns.
Join BitStil and bring your life quality to a whole new level!
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