News

Global coronavirus death toll passes 3,000 with new China count

In the latest figures, there are 202 new coronavirus infections, 42 new deaths were reported on Mar 1 in the Chinese mainland. The total infection number soared to 80,026. This brings the global coronavirus death toll passes 3,000 with new China count.

Hubei Province reported 196 new cases of novel coronavirus pneumonia on Mar 1, with 42 new deaths and 2,570 cases of recovery. The total number of infections in the province climbed to 67,103 with 33,757 recovered and 2,803 dead. What the concerning thing is at this stage and what makes a difference is when you start to have people, such as within Italy or South Korea, who are transmitting it to other people in that area. This is what has spooked the markets as the cases get set for what the WHO may have to call, a pandemic. 

Market implications

Coronavirus: Three reasons why markets are expected to open with a crash, Fed helpless

 

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.