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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
by Tom Lake
[Article edited to correct typo in chart source]
COVID-19 Trends and Developments
- A change in methodology saw Mexico register a record number of COVID-19 fatalities and new cases in a 24-hour period on October 5, with 2,789 deaths and 28,115 new cases added to the total. The Ministry of Health has said that some of the additions date back to cases or fatalities recorded in June. Mexico has struggled to effectively record many outbreaks of the virus due to limited testing facilities, with the country's mortality rate standing at 10.4, with 81,877 fatalities from COVID-19 recorded from 789,780 confirmed cases.
- Across the week up to October 5, France recorded an average of 82 fatalities per day due to COVID-19, the highest seven-day average since May 23. The sustained increase in fatalities comes as cases continue to mount amid a second wave, with the seven-day average increase in cases (12,330 per day on October 5) the highest on record.
- For the first time the seven-day average increase in new cases across the globe exceeded 300,000 per day on October 5, with an average of 302,415 new cases reported per day globally over the past week. It should be noted, though that this figure is likely to be inflated somewhat by data revisions in hard-hit countries like Mexico and the UK that has seen total caseloads spike.
Chart 1. COVID-19 Cases and Fatalities, Nominal and % Chg Day-to-Day (5dma)
Source: JHU, MNI. As of 0600BST October 6. N.b. Each dot represents a single day's figures, data for past three months
Full article PDF attached below:
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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