Global Matters Weekly – 1 June 2020

The SpaceX Factor
by Alex Harvey, CFA

On Saturday night at 22:11 hours I was fortunate enough to see the International Space Station (ISS) blazing across the darkening London skyline at 17,000mph. For budding astronomers the Star Walk app points out where and when to look, and with it orbiting over 15 times per day you’ve plenty of opportunity to view it (the stunningly clear UK skies obviously help, as does the night sky to spot it reflecting the sun from above the horizon).

Market Snapshot

  • Widespread protests and riots are taking place across the US
  • Trump announced that Hong Kong would no longer receive a special trade status
  • Brent crude rose 0.6% ending the week at $35.3 a barrel
  • Gold fell 0.3% ending the week at $1730.3 an ounce