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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
COVID-19 Trends and Developments
- Canada's average increase in new cases across the past seven days stood at 2,109 cases per day as of October 6, the highest seven-day average on record. While fatalities remain relatively low, they have ticked up in recent weeks, with an average of 35 COVID-19 related fatalities per day over the past week, the highest seven-day average since June 22. Canadians are being advised to limit the number of people attending gatherings for Thanksgiving this weekend.
- Authorities in Belgium have ordered the closure of all bars and banned the outdoor drinking of alcohol in the capital Brussels following a sustained increase in cases. Belgium's average new caseload over the past seven days stands at 2,454 per day, the highest seven-day average on record. The measures in Brussels have been introduced due to 15% of the region's ICU beds being taken by COVID-19 patients, a key threshold for the Belgian health authorities.
- India's registered COVID-19 fatalities averaged 1,008 per day over the past week. This is the lowest seven-day average recorded in the country since September 2, and comes in line with a sustained decline in average new recorded cases. While India's caseload continues to increase at a greater number than any other country, its seven-day average of new cases stands at 75,910 per day, the lowest seven-day average since August 31.
Chart 1. COVID-19 Cases and Fatalities, Nominal and % Chg Day-to-Day (5dma)
Source: JHU, MNI. As of 0600BST October 7. N.b. Each dot represents a single day's figures, data for past three months
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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.
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