Amid a relentless rise in coronavirus cases in Britain, the government’s scientific adviser, Jeremy Farrar, said a three-week period of national lockdown restrictions needs to be immediately imposed to contain the spread of COVID-19. Featured Statements The current tiered restrictions will not sufficiently reduce transmission rates or prevent the virus from spreading further. A three-week […]
Tag: Coronavirus
The dollar retreats due to new hopes of stimulus, consumption improves in China
This is what you need to know to trade today Monday, October 19: Markets are cautiously upbeat and the US dollar is falling amid fresh hopes that the US will reach a stimulus deal ahead of the election. China’s third quarter GDP fell short of estimates, but includes several positives. Concerns about coronavirus cases in […]
Lagarde warns that the new restrictions due to the coronavirus will increase economic uncertainty
The uncertainty for businesses and families will increase Due to the coronavirus-induced lockdown restrictions reimposed in the euro zone to curb rising infections, the president of the European Central Bank (ECB) said on Sunday, Christine Lagarde, according to Bloomberg. Featured statements: The recovery remains uncertain, uneven and incomplete. It is clear that both the support […]
Hospitality is stirring in Catalonia against the grievance of the Generalitat in the coronavirus crisis
The outrage has stirred the hospitality in Catalonia by the hill that the Generalitat imposes for 15 days, which could be more if the contagions by coronavirus remain unremitted. Owners and employees of bars and restaurants have taken to the streets to show that they feel aggrieved for being the only sector to which the […]
15,650 New COVID-19 Cases Confirmed Friday
There were 15,650 new confirmed coronavirus infections in the UK through Friday morning, data from the UK government showed UK, according to Reuters. This reading followed Thursday’s increase of 18,980. More details from the report revealed that there were 136 deaths within 28 days of testing positive, compared with 138 on Thursday. Meanwhile, British Prime […]
TSJC endorses The Generalitat’s measures to stop the spread of coronavirus
The Superior Court of Justice of Catalonia (TSJC) has endorsed the measures presented by the Generalitat to stop the spread of the coronavirus. Although most, such as the closure of bars and nightclubs, had been in force since last morning, the Government had put three on hold, waiting for the court to rule on […]
USD / CAD struggles for firm direction, stuck in a range around 1.3200
USD / CAD alternated between tepid gains and minor losses throughout the early North American session. A recovery in global risk sentiment undercut the safe-haven dollar and limited the rise. Weaker crude oil prices undercut the loonie and helped limit deeper losses for the principal. The pair USD / CAD it lacked a firm directional […]
The COVID-19 pandemic is felt again in all member states – Angela Merkel
The COVID-19 pandemic it is being felt again in all member states, the German chancellor said on Friday, Angela Merkel. “No one at the summit disagreed that contact tracing is the key method to combat the pandemic,” Merkel added. “The economic recovery from the pandemic will be better if we keep infections under control.” Merkel […]
Protests in Barcelona over the closure of bars and restaurants imposed by the Generalitat
Hundreds of people have concentrated this noon in Barcelona’s Sant Jaume square to demonstrate in protest of the closures imposed by the Govern in the catering sector, to which the nightlife sector has joined, to contain the coronavirus pandemic. The concentration by the nightlife sector has begun at 11.30 hours in the Plaza de […]
USD / CHF returns initial gains and falls back below 0.9150
The USD / CHF has moved with a slight positive bias during the first half of the European session. The rally has lacked a solid following amid a softer tone around the USD. A sustained move above 0.9160-65 is needed to confirm any further bullish movement. At the start of the European session, the pair […]