58,784 new cases confirmed on Monday

There were 58,784 new confirmed coronavirus infections in the UK on Monday, data showed from the UK government, according to Reuters. This reading followed Sunday’s increase of 54,990. More details from the daily update revealed that there were 407 COVID-19 related deaths that day.

Hours earlier, British Prime Minister Boris Johnson said they will take stricter measures to limit the spread of the virus. Johnson will announce those new measures at a press conference at 20:00 GMT.

Market reaction

The British pound struggles to find demand after this report. At the time of writing, the pair GBP/USD it was down 0.6% on the day to 1.3590.

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