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
Editor's Note: Today marks the final day for the output of daily Global and US COVID-19 Trackers, with the articles to be produced every other day from now on. This means the next US COVID-19 Tracker will be published on August 20, and the next Global COVID-19 Tracker on August 21.
Today's Major COVID-19 Headlines And Latest Data
- Australian Prime Minister Scott Morrison has backtracked on comments suggesting that a COVID-19 vaccine should be mandatory. Morrison initially said the vaccine should be "as mandatory as you can possibly make it" if trials are successful. However, following some criticism given that there is no proven safe vaccine yet, Morrison said "It is not going to be compulsory to have the vaccine […] There will be a lot of encouragement and measures to get as high a rate of acceptance as usual."
- South Korea records its highest daily increase in new cases since March 7 and the sixth consecutive day of a three-figure new case load since March 9 on August 18. This follows an outbreak cluster in Seoul among members of the secretive right-wing Sarang Jeil church. In response to the rising caseload the South Korean government has closed museums, nightclubs and karaoke bars in and around Seoul.
- Ireland's Health Minister Stephen Donnelly has said the country is "at a tipping point" with regards to the outbreak. While the country's number of recorded cases and fatalities is relatively low, there has been a notable spike. In the past seven days the average number of new cases per day stood at 100, compared to just 20 per day in the same period of July. In response the government has tightened restrictions on outdoor events (numbers capped at 15 from 200) and indoor meetings (limited to 6).
- Global increase in cases (daily) – Yesterday: 1.2%. Seven-day average: 1.2%
- Global increase in fatalities (daily) – Yesterday: 0.9%. Seven-day average: 0.8%
MNI EXCLUSIVE: China Should Lead Post-Covid Debt Talks-Advisors – China, already mulling debt relief for partners in its Belt and Road initiative, should take a leading role in negotiating restructurings for developing nations around the globe which are struggling from the economic impact of the Covid-19 pandemic, policy advisors told MNI. On MNI Policy Main Wire and email now - for more details please contact sales@marketnews.com
Chart 1. COVID-19 Cases and Fatalities, Nominal and % Chg Day-to-Day (5dma)
Source: JHU, MNI. As of 0600BST August 19. N.b. Each dot represents a single day's figures, data for past month
Full article PDF attached below:
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.