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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 global fatality count from COVID-19 crossed the one million mark on September 28. While the caseload and indeed fatality count is, due to insufficient testing, likely to be higher than official figures report, at present the global mortality rate stands at 3.0 per 100 confirmed cases.
- Spain's weekend new caseload, released on September 28, came in at 31,785. This is the largest weekend caseload on record since Spanish authorities stopped releasing data for Saturdays and Sundays in early July. The national government remains in a standoff with the local administration in the capital, Madrid, after the latter refused to enact stricter lockdown rules following a spike in cases in the city.
- India recorded 776 fatalities from COVID-19 on September 28, the lowest 24 hour total since August 2. While the numbers of recorded fatalities from the disease in India has hit a multi-month low, this still represents the highest number of deaths from the disease worldwide over the past week with India recording an average of 1,055 fatalities per day over the last seven days. This compares to an average of 744 fatalities per day from coronavirus in the United States, registering the second-highest number of fatalities in the past week.
Chart 1. COVID-19 Cases and Fatalities, Nominal and % Chg Day-to-Day (5dma)
Source: JHU, MNI. As of 0600BST September 29. 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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