On Wednesday (April 8) Asian morning, the financial market volatility again, the dollar index short – term pull back above the 100 mark. Spot gold short – term precipitous fall, once approached 1640. In terms of global epidemic situation, the latest data shows that the global total number of confirmed COVID 19 cases has exceeded 1.43 million, the total number of deaths has exceeded 80,000, and the total number of confirmed COVID 19 cases in the United States has exceeded 400,000. Investors will continue to keep an eye on developments in the global outbreak, as well as the release of minutes from the federal reserve meeting due at 2am Beijing time on Thursday, which is expected to trigger market volatility.
Risk sentiment has been growing as investors have grown more optimistic about a slowdown in new COVID 19 cases in major European and U.S. countries. Us city on Tuesday, the dollar index pressure shock fell, once below 100; At one point, the dow Jones industrial average rose more than 900 points.
Still, investors need to be wary for now as they see more signs that the outbreak is improving. Notably, the rebound in market optimism came as France’s health minister warned on Tuesday that the country had not yet reached the peak of the coronavirus pandemic, while the daily number of new infections and deaths in Spain rose again.
In Asian morning trading on Wednesday, the dollar index rose short – term, back above the 100 marks, as high as 100.10. The dollar index fell as low as 99.77 on Tuesday.
The dollar, the world’s reserve currency, has fluctuated wildly in volatile trading in recent weeks. But moves by central Banks to ease the frenzied rush for dollars have helped restore some calm.
After Wall Street weighed in on the latest news on the new outbreak, stocks pared gains Tuesday and ended lower.
The dow Jones industrial average closed down 26.13 points, or 0.1%, at 22,653.86, after rising as much as 937.25 points. The s&p 500 closed down 0.2% at 2,659.41, up more than 3%. The nasdaq composite index fell 0.3% to 7,887.26 after rising 3%.
Some investors believe that share prices have exceeded reality and that the aftermath of the new outbreak could put significant pressure on the economy after the second quarter.
As the dollar index rebounded, spot gold fell quickly in Asia on Wednesday, hitting as low as $1641.10 an ounce.
After rising more than $60 on Monday, spot gold struggled to rise further on Tuesday, closing down more than 0.8 per cent. Spot gold fell as low as $1641.60 an ounce in Tuesday’s session to close at $1646.40, down $14.12, or 0.85 percent.
Peter Fertig, commodities quantitative research analyst, said: “risk appetite has returned as new infections have dropped, putting pressure on gold prices. However, some investors worry that monetary policy will lead to inflation. It is still attractive for them to buy at these prices.”
Citigroup sees a chance of gold hitting $1,700 an ounce in the next three months and $1,900 in the next six to 12 months.
The total number of confirmed cases worldwide exceeded 1.43 million and the number in the United States exceeded 400,000
According to the latest statistics, the total number of confirmed covid-19 cases worldwide has exceeded 1.43 million, and the total number of deaths has exceeded 80,000. More than 400,000 COVID 19 cases have been confirmed in the United States, which has the highest number of confirmed cases and the third highest number of deaths.
Worldometers world real-time statistics show that as of 8:52 PM Beijing time on April 8, the global total of covid-19 confirmed more than 1.43 million cases, reaching 1.430,516, and the total number of deaths reached 82,005.
The number of confirmed cases is still growing and clearly has not yet peaked, said gao li, China representative of the world health organization (who), at a press conference on the joint prevention and control mechanism of the state council on April 7.
The United States has the world’s largest number of cumulative confirmed COVID 19 cases, with the latest reaching more than 400,000, with 40,323 cases and 12,823 deaths.
US President Donald trump said on April 7 that the us is being hit hard by a new outbreak. It’s been a very, very difficult week, but there’s a silver lining. Trump also said the United States may be reaching the peak of the COVID 19 case curve.
New York state is currently the worst affected state in the United States. As of Thursday local time, the number of confirmed COVID 19 cases in New York state reached 138836, with a record 731 new deaths in a single day, bringing the total number of deaths to 5489.
On April 7, local time, New York governor Andrew cuomo said at a press conference that, according to the current data model, the hospitalization rate of COVID 19 patients in New York state may reach the peak, and the ICU hospitalization rate and intubation rate both drop significantly.
Other major overseas countries, Spain COVID – 19 accumulative total of 141942 cases of the patients, Italy has confirmed 135586 cases, confirmed 109069 cases of France, and Germany has confirmed 107663 cases, Iran has confirmed 62589 cases, the diagnosis of 55242 cases, Turkey has confirmed 34109 cases, Switzerland has confirmed 22253 cases, Belgium has confirmed 22194 cases, the Netherlands confirmed 19580 cases, Canada has confirmed 17897 cases.
On the evening of April 6, downing street said Mr Johnson’s condition had deteriorated and he had been taken to intensive care. Britain’s acting prime minister, foreign secretary mark raab, said the government would continue its work.
British prime minister Boris Johnson is in stable condition, is in good spirits and remains in intensive care, a downing street spokesman said Tuesday.
Acting prime minister Alvaro raab said on Tuesday that the government’s efforts to maintain a “social distance” were making a big difference in reducing the risk of infection and hospital admissions to ensure the NHS was able to cope with the current influx of patients.