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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 207,466 new cases recorded on September 29 is the lowest 24-hour total of new cases since August 3. This number is likely reduced somewhat by Spain's failure to release new case or fatality data for that date and as such should be viewed as an anomaly, especially given that the average daily increase in cases over the past week remains at record highs around and average of 290,000+ new cases per day.
- Russia recorded its sixeteenth consecutive day of increasing caseloads on September 29, lifting the country's total to 1,162,428 cases. The 8,129 new cases recorded on September 29 is the highest 24-hour total in the country since June 16 and points towards a burgeoning second-wave infection. Russia remains at the forefront of the race for a potential COVID-19 vaccine, with the trials of the Sputnik-V drug going ahead with 5,000 volunteers.
- The United Kingdom registered its highest number of new cases in a 24 hour period on September 29, with 7,143 added to the total. A total of 71 COVID-19 related fatalities were recorded in the UK on the same day, the highest daily total since July 1. The government remains under intense scrutiny due to its COVID-19 restrictions, being implemented on a regional basis rather than nationwide.
Chart 1. COVID-19 Cases and Fatalities, Nominal and % Chg Day-to-Day (5dma)
Source: JHU, MNI. As of 0600BST September 30. 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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