NEW YORK, July 17 ― Government debt yields and global equity markets fell yesterday as a growing number of US coronavirus cases weighed on risk sentiment, which was also hurt by deteriorating US-China relations and discouraging Chinese data. A jump in the number of US Covid-19 cases has forced...
Friday, 17 Jul 2020 07:56 AM MYT
The pandemic continues to surge in many Southern and Western states, with 67,404 new US cases reported as of Wednesday by the Centers for Disease Control and Prevention. The number of new cases in European and Asian developed countries is in the hundreds, with the exception of Russia and the UK, according to daily situation reports by the World Health Organisation.
“There is a bit more concern today at least around the resurgence of the virus, and initial jobless claims were a bit higher than expectations,” Adams said. The Trump administration is considering banning travel to the United States by all members of the Chinese Communist Party and their families, a person familiar with the matter said, a move that would worsen already-tense US-China relations.
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