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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.
UK
The UK registered record increases in both new COVID-19 cases and fatalities related to the virus on 7 January.
- 68,053 new cases were added to the total number of cases, while 1,325 COVID-19 related deaths were recorded.
- The number of fatalities was higher than the previous peak recorded on 21 April 2020.
- Comes as Mayor of London Sadiq Khan declares a ''major incident' in the capital. This does not give the authorities additional powers but is intended to improve coordination between emergency services as well as to highlight to the city's population the seriousness of the situation.
- As can be seen in the chart below, the country is currently in the midst of a rapidly-escalating third wave of the virus spreading, following the first and second waves in March-April 2020 and September-October 2020 respectively.
Chart 1. COVID-19 Cases and Fatalities in the UK, Nominal and % Chg. D-t-D (5dma)
Source: DHSS, MNI
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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