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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
- The United States passed the grim milestone of 200,000 coronavirus-related fatalities on September 22, more than 100,000 higher than the country with the second-highest number of COVID-19 fatalities (India with 90,020). The United States now accounts for 20.7% of total global COVID-19 fatalities and 21.8% of confirmed cases despite its population only accounting for 4.3% of the world's total. On September 22 the US's average new case increase per day across the past week stood at 43,411, the highest figure for a month.
- UK Prime Minsiter Boris Johnson announced a tightening of COVID-19 restrictions in England on September 22 as the seven-day average increase in cases exceeded 4,000 per day for the first time since May 5, when the UK remained in its initial full lockdown. The rise in cases has not yet corresponded to a major uptick in COVID-19 related fatalities, although the 37 fatalities due to the virus registered on September 22 was the highest 24-hour total since July 14.
- Russia records 6,109 new cases on September 22, its highest daily total since July 18. On September 22, President Vladimir Putin talked up Russia's 'Sputnik-V' potential COVID-19 vaccine in his address to the UN General Assembly, offering it to all UN workers worldwide once it has completed clinical trials.
Chart 1. COVID-19 Cases and Fatalities, Nominal and % Chg Day-to-Day (5dma)
Source: JHU, MNI. As of 0600BST September 23. 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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