The latest coronavirus statistics from New York. – total hospitalizations 12,159 versus 12,646 – total hospitalizations down -487 on the day – net change in intubation's -139 versus -65 yesterday
Blogs
Canada's cases rise to 50,373 from 49,025 yesterday
Daily Canada coronavirus statistics See here for global coronavirus case data
White House Kudlow: Sees second-half growth 17% to 20%
White House economic advisor Kudlow speaking on FOXBusiness See here for global coronavirus case data
China "really active" in implementing trade deal: USTR says
The US trade representative speaking A USTR representatives is on the wires saying: In other news: See here for global coronavirus case data
Crude oil inventories show a build of 8991K vs 11900K estimate
Department of Energy crude oil inventory data for the week of April 24 – crude oil build of 8991K versus estimate of 11900K – gasoline -3669K vs estimate of plus 2492K The gasoline implied demand plunged over the last few weeks but saw a modest rebound. The price of crude oil has obviously been impacted by th
FDA in talks to make Gilead's remdesivir available to patients as is appropriate
Reports from the FDA There are reports that the FDA is in talks to make Gilead's remdisivir available to patients as is appropriate. US stocks are trading back up toward session highs.
US pending home sales for March -20.8% versus -13.6% estimate
US pending home sales for March 2020 Realtors say that a later bounce won't make up for the spring decline
EURUSD rotates back to the upside on some dollar selling
100 bar moving average on 4 hour chart is the next target The EURUSD has rotated back to the upside on dollar selling. The price has moved above its 50% retracement of the move down from the April 15 high at 1.08576. The 100 bar moving average on the 4 hour chart rooms ahead at 1.08684. […]
Japan to extend state of emergency by one month
State of emergency was set to expire on May 6 Nikkei is reporting that Japan is extended state of emergency by one month. The prior state of emergency was set to expire on May 6.
Crude oil futures rise by over 20%
Him himHopes for a vaccine increase hopes for normal economies The price of crude oil is reacting to the Gilead news that the trials of Remdisivir were positive and that gives hope that some of the demand shock can start to be whittled away.