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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
Today's Major COVID-19 Headlines And Latest Data
- Senior US cabinet officials to hold in-person talks with Taiwanese government to discuss the COVID-19 pandemic. The visit of Health and Human Services Secretary Alex Agar to Taiwan, set to take place this week, is the first by a US cabinet member in six years. It has already sparked criticism from the Chinese foreign ministry, which said it was opposed to official interactions between US and Taiwanese officials.
- The number of global fatalities crossed the 700,000 mark on August 4. The fatality totals from the US, Brazil, Mexico, the UK and India account for 55.3% of the global total. The overall mortality rate for the virus worldwide is 3.78 per 100 cases according to date from Johns Hopkins University, down from a peak of 7.18 per 100 on April 30.
- Sweden's economy contracted 8.6% in Q220 according to flash estimates, a much smaller contraction than that experienced in the EU as a whole (-11.9%). Sweden did not enter a strict lockdown at the peak of the COVID-19 pandemic unlike most other countries worldwide. Instead of an enforced lockdown the Swedish government relied on voluntary social distancing and recommendations to work from home and avoid public transport.
- Global increase in cases (daily) – Yesterday: 1.4%. Seven-day average: 1.5%
- Global increase in fatalities (daily) – Yesterday: 1.0%. Seven-day average: 0.8%
Chart 1. COVID-19 Cases and Fatalities, Nominal and % Chg Day-to-Day (5dma)
Source: JHU, MNI. As of 0530BST August 5. N.b. Each dot represents a single day's figures, data for past month
Please find full PDF attached below:
MNI POLITICAL RISK ANALYSIS – Global COVID-19 Tracker – Aug 5.pdf
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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