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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
- India's caseload crosses the six million mark on September 27, just two days after the US reached seven million cases. The two countries are the worst-hit worldwide with regards to cases, accounting for 39.9% of the global total. When combined with the third worst-hit country, Brazil, the three account for 54.2% of global cases and 44.3% of COVID-19 fatalities.
- France is set to enact a new series of COVID-19 restrictions on September 28 as the number of new cases continues to rise, notably in the country's large cities. French authorities do not release full data for new cases over the weekend, but an additional 16,132 cases were added to the total on September 25. The new restrictions affect 12 cities, including Paris, where bars will be forced to shut and the sale of alcohol banned from 10pm, and Marseille, which has been put on a state of maximum alert with all bars and restaurants closed since Saturday.
- Canada recorded and average of 1,370 new cases per day over the past seven days. This is the highest weekly average since May 9. The spike in cases has not translated into an escalation in fatalities, which have remained stable at an average of seven per day over the past week. The two most populous provinces (Ontario and Quebec) remain the centres of the outbreak, as was the case in the first wave of infections earlier in the year.
Chart 1. COVID-19 Cases and Fatalities, Nominal and % Chg Day-to-Day (5dma)
Source: JHU, MNI. As of 0600BST September 28. 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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