Comments by German finance minister, Olaf Scholz See here for global coronavirus case data
Blogs
Coronavirus pandemic could become less contagious in the summer months, says US official
US government researchers says that the coronavirus appears to weaken more quickly when exposed to sunlight, heat and humidity said Adding that government researches have determined that the virus survives best indoors and in dry conditions, and loses potency when temperatures and humidity rise.
Trade ideas thread – European session 24 April 2020
Daily thread to exchange ideas and to share your thoughts The risk mood is also a little more cautious as we see US futures down by about 0.5% with Asian equities also keeping at the lows towards the latter stages of the session.
Japan February all industry activity index -0.6% vs -0.5% m/m expected
Latest data released by METI – 24 April 2020 – Prior +0.8%; revised to +0.6% Slight delay in the release by the source. The data is often referred to as the monthly GDP reading, it's a tracker production across all sectors of
RKI reports 2,337 new coronavirus cases in Germany, total confirmed cases now at 150,383
The daily case count is still moderating See here for global coronavirus case data The 2,337 cases reported in the latest update brings the total to 150,383 cases in the country. That said, RKI estimates that 106,800 persons have recovered from the disease.
ForexLive Asia FX news wrap: Subdued forex ranges
Forex news for Asia trading Friday 24 April 2020 There was very little movement across major FX today. There were a few news items, and data, but non-impactful.
Researchers in France are investigating if nicotine could protect people from contracting the coronavirus
AFP have the article, citing researchers at a Paris hospital – examined 343 coronavirus patients along with 139 people infected with the illness with milder symptoms. (best to read it before jumping to any conclusions, K?)
More on Mnuchin mulling oil industry bailout
Treasury Secretary Steven Mnuchin says he is considering government lending program for U.S. oil companies In response to the industry looking for federal aid .
Japan's Economy Minister Yasutoshi Nishimura says new stimulus to add 4.4% to GDP
Comments from earlier, they seem on the optimistic side, +4.4% is beefy. Its a $1.1tln package. – Japan's new economic stimulus package in response to the coronavirus pandemic is estimated to boost real gross domestic product by about 4.4%
Some bleak outlooks for the global recession ahead
Earlier post on the Reuters poll shows global economy expected to have its steepest contraction on record this year Some of the commentary in the piece from Reuters is very downbeat indeed.