Coronavirus “second wave” fears grow for U.S.
- Stock markets are falling as several U.S. states report surge in new coronavirus cases after reopening, with some interstate quarantine regulations imposed.
- Gold made a new 8-year high price yesterday at $1,779 per ounce.
- Yesterday saw the second-highest daily tally of new confirmed coronavirus cases yet worldwide, following the WHO’s warning that the pandemic shows no sign of slowing and is moving into a potentially more dangerous phase.
- In Forex, the U.S. Dollar is the strongest major currency, while the British Pound is the weakest right now.
- Coronavirus deaths in Latin America and the Caribbean are 51% of the global daily total, well exceeding those in both the U.S.A. (12%) and Europe (approx. 11%) which shows that the epicenter of the pandemic is in South America.
- Total confirmed new coronavirus cases stand at over 9.4 million with an average case fatality rate of 5.12%.
- The first human trials of a new coronavirus vaccine have begun in the U.K.
- Brazil continues to see more daily deaths from coronavirus than any other country in the world.
- The rate of new coronavirus infections appears to be increasing most quickly in Brazil, the U.S.A., India, Mexico, Colombia, Iraq, South Africa, the Philippines, Germany, and Israel.