Coronavirus update: US cases jump 66%, UK death toll up 48%, Lombardy deaths rise 20%
|The US Centers for Disease Control and Prevention (CDC) reported a massive increase of 2809 new cases of coronavirus in the US, bringing up the total count to 7087 from Tuesday’s 4275 and registering about 66% jump.
The total death toll stands at 97, with 22 more deaths confirmed. On Tuesday, the death count was 75.
Meanwhile, the number of cases in New York jumped up from Tuesday’s 1008 to 2382 so far, 20 new deaths confirmed.
The New York State Governor Andrew Cuomo said that New York has the highest number of cases in the US.
According to the UK Health Ministry, the death toll rose to 99 on Wednesday vs. Tuesday’s 67, reporting a 48% jump.
In Italy’s Lombardy region, the death toll has jumped by nearly 20% or 319 in the past 24 hours, now standing at 1959.
Market reaction
With the rising coronavirus count on both sides of Atlantic, the market sentiment is yet again thrown into a tailspin, with the main Wall Street indices down over 7%, the US dollar stormed to fresh three-year highs while the cable is crushed to over three-decade lows below 1.1500.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.