The currency markets are dominated by the relative strength of the Australian Dollar, while the Japanese Yen looks like the weakest currency today.
- The price of brent crude oil has seemed to settle just above $25 per barrel.
- The equity markets remain surprisingly strong even as the economic damage of the corona virus pandemic increases. U. s. the indexes have recovered nearly 60% of their losses, which is technically significant, as a point of inflection. Many analysts of the market at the bottom of this bear market has already been reached, but other analysts see further heavy falls are likely in the stock in the coming weeks and months. There is a strong divergence of opinion or of.
- The rate of growth on a global scale, of new of new of new of new of new confirmed infections and deaths from corona virus pandemic seems to have peaked, at least for the first wave, although it can be, at least partially, due to the pandemic, moving through the countries of South America, which tend to have worse reporting systems. The Total number of deaths registered in the world have been in decline since the 18 of April and, the daily new confirmed cases since April 24. Total has confirmed the existence of the new cases have a stand at more than $ 4.1 million, with an average case fatality rate of 6.89%. The pandemic’s epicentre, it is still located in the U. S. A., but even there, it seems to me that if the crest of this wave has probably already been reached, so that it looks more certain than for all European countries. However, the new case seems to be the cap, not to fall, both the U. S. A. and the U. K.
- A global recession or maybe even depression, the pandemic seems to be inevitable, with Goldman Sachs provides a 34% drop in the U. s. (T2), mid-annual GDP, and the other analysts, it is to see a 30% unemployment rate in the near future. If it is correct, this will be the worst such numbers seen since the 1930s, but it should be noted, many analysts continue to see many of the best prospects for the U. s. the unemployment rate. The WTO has predicted that world trade is set to fall by one-third. In The U. s., now sees an unemployment rate of 15% and a decrease of the 1st Q GDP, or 4.8%.
Falling oil prices are a great trade opportunities
- The data of the City of New York, suggests that 0.24% of the entire population of the city, recently died while infected with the corona virus, which is one of the best pieces of evidence that the disease has a mortality rate significantly higher than any of the common flu. Similar data from Bergamo, Italy, suggests an estimate of between 0.20% to 0.50%, which indicates that the claims and / or corona viruses are much lower than A are not likely to be accurate. With the recent antibody tests, which suggests that 21% of the city has been infected, which suggests an infection mortality rate of nearly 1%.
- France, Italy and some other countries (mainly in Europe) have begun to loosen the restrictions that it becomes clear that the first wave of the peak is past. The countries that seem to have suffered the least from this first wave are in New Zealand (which is close to having eliminated the disease completely), Australia, Norway, Austria, Greece, and Israel.
- The rate of the new crown infection by the virus seems to be rising fastest in Brazil, Russia and India.
- While the vast majority of confirmed cases of the corona virus are still in Europe and the U. S. A., with the U. S. A. which represents approximately one third of all cases and infections begin to increase dramatically in Latin America, which now represents nearly a quarter of all deaths in the world. The situation is particularly bad in Brazil, which is now confirming more than 10 000 new cases and 600 deaths daily, and in Mexico at the time. The President of Brazil, Jair Bolsonaro has been seen in public recently with a dry cough, leading to speculation that he was infected, because he continues to play at the bottom of the disease, as no worse than the flu.
- The currency markets are dominated by the relative strength of the Australian Dollar, while the Japanese Yen looks like the weakest currency today.