Coronavirus Update: Australia refreshes record infections, figures from NZ, China are up as well
|
The latest coronavirus statistics confirm that the Delta covid variant firms up its grips over the global economic recovery, which in turn weighs on the risk barometers like the S&P 500 Futures and Antipodeans.
Reuters quotes China’s National Health Commission while saying, “China reported on Thursday 26 new confirmed coronavirus cases in the mainland for Aug. 25, compared with 20 a day earlier.”
On the other hand, New Zealand reports the record jump in the daily covid cases while marking 68 new cases of the virus, per Reuters.
It’s worth noting that Australia’s most populous state New South Wales (NSW) reports the record jump in daily infections with 1,029 cases, fueling the national count well above 1,100 to mark a new all-time high, unfortunately.
Other than the jump in the Asia–Pacific covid numbers, news that Britain says no decision yet on COVID-19 vaccine for 12 to 15-year-olds, published by Reuters, also weighs on the market sentiment.
Read: Gold Price Forecast: XAU/USD flirts with 50-DMA ahead of Jackson Hole, US data
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.
