OctaFX | OctaFX Forex Broker
Open trading account
Back

French confirmed coronavirus cases rise to 16,018 - Health Official

The French have confirmed coronavirus cases rise to 16,018 according to a health official and the Covid-19 death toll in French hospitals has risen to 674. This follows yesterday's rise of 112 deaths in a single day and in the 5th day of lockdown. The fast-spreading disease that jumped from animals to humans in China has now infected 328,275 people across the world and caused 14,366 deaths, according to Johns Hopkins University, triggering emergency lockdowns and injections of cash unseen since World War Two.

Market implications

There is a flight to cash and the US dollar, taking the DXY a pip away from the 103 handle last week and sending the S&P 500 down to a 38.2% Fibonacci retracement of the GFC recovery.

 

 

Great unhappiness among democrats over republican coronavirus economic relief bill

Democratic US Senator Warren says that there is 'great unhappiness' among democrats over republican coronavirus economic relief bill as both the Repub
Read more Previous

G20 Finance Ministers will hold teleconference at 1100GMT on Monday March 23

G20 Finance Ministers will hold teleconference at 1100GMT on Monday, March 23. Markets will be tuning in for updates on stimulus efforts to battle the
Read more Next
Start livechat