Coronavirus: market update

Global coronavirus cases surpassed 1,5 million today with over 332,000 recoveries. The number of people confirmed to have died as result of the coronavirus reached almost 89,000.

The US remains the most affected country, with more than 435,000 reported cases and near 15,000 deaths, more than 28% of total cases.
Spain is the worst-affected European country, with 148,220 infected cases, followed by Italy 139,422 and Germany 113,296.

Italy is still the country with highest death toll of 17,669. The number of fatalities exceeded 14,700 in Spain and 10,800 in France. Germany’s coronavirus death toll increased to 2349.

Germany reported a highest increase of new coronavirus cases in five days, along with its biggest daily death toll of 333. German government is considering a partial easing of lockdown restrictions and will discuss this matter with state governors after Easter.
France and the United Kingdom however are expected to extend lockdowns. New Zealand will quarantine everyone arriving from abroad. The quarantine also applies to New Zealanders.

Italy's Prime Minister Giuseppe Conte said that the govemrent may relax some restrictions imposed to contain the rapid spread of coronavirus by the end of April. Conte emphasized, however, that this process would be gradual.

Yesterday Japan reported a record 455 new cases, a day after Prime Minister Shinzo Abe declared a state of emergency for Tokyo and six other prefectures. The number of people infected with the COVID 19 I Japan surpassed 4,600.

India reported almost 6000 infected cases. Mumbai officials are taking into account an extension of containment measures, which were set to end next week, until at least April 30th.

President Vladimir Putin extended a paid non-working period across Russia until April 30. The country so far reported 10,131 infections. While Moscow and some parts of the country remain under lockdown, Russian stores have recently seen a sharp increase in alcohol sales. According to Nielsen, market research company, at the end of March sales of vodka in the largest retail chains in Russia increased by 31% compared to the same period last year, while purchases of whiskey increased by 47% and beer by 25%.

British Prime Minister Boris Johnson remains in intensive care but is responding to treatment and his condition is improving, a spokesperson said.

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Morning wrap
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