Coronavirus: market update

1:35 PM July 13, 2020

• The total number of confirmed coronavirus cases surpassed 13.05 million of which more than 571 000 died and over 7.24 million recovered.
 
• US remains by far the worst-affected country with over 3.41 million cases. Number of infections in Brazil, the second worst-hit country, surpassed 1.86 million. India, which is the third most infected country reported over 879 000 cases.
On Sunday 194 696 new coronavirus cases were reported. Meanwhile 7-day average rose to 209 110. Source: Worldometers

• Florida reported a record number of 15,000 new coronavirus cases  on Sunday. Florida's daily increases in cases have already surpassed the highest daily tally reported by any European country during the height of the pandemic there. It has also broken New York state's record of 12,847 new cases recorded on April 10.

• In Victoria state, authorities on Monday reported 177 new coronavirus cases, compared to 273 cases recorded on the previous day.

• Argentina exceeded 100,000 cases of coronavirus infections on Sunday as it struggles to contain rising number of cases despite a strict quarantine imposed on the capital Buenos Aires and its surroundings.
The pandemic is showing no signs of slowing down in, US, Latin America and South Asia. The situation is getting worse in Australia. Source: Financial Times
 
• The United States has the highest death toll in the world with over 137,000 casualties. However Fatalities in Brazil are rising rapidly and the country already have the second-largest number of deaths in the world. Brazil's Health Ministry reported over 72,000 deaths. The United Kingdom has reported over 44,000 fatalities, the highest number among all European countries and the third highest in the world.
Yesterday 3956 people have died due to coronavirus. Sunday’s figure came in below 7-day average, which  currently stands at 4921. Source: Worldometers

• South Africa has the highest number of confirmed coronavirus cases in Africa and is now recording the fourth-largest daily increase in new cases worldwide.South Africa reported 12,058 new coronavirus cases on Sunday, bringing the total to 276,242. Deaths rose by 108 to 4,079.
Only eight countries in Africa - Algeria, Cape Verde, Djibouti, Egypt, Mauritius, Namibia, Seychelles, and South Africa - record more than 75% of deaths, according to the United Nations.Source: Financial Times

The content of this report has been created by X-Trade Brokers Dom Maklerski S.A., with its registered office in Warsaw, at Ogrodowa 58, 00-876 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. X-Trade Brokers Dom Maklerski S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.

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