UK: Coronavirus reproduction “R” number declines below 1
|Following a three-week national lockdown in England, the reproduction "R" number is estimated to be between 0.9 and 1, UK Government Office for Science said on Friday, as reported by Reuters.
The number of new confirmed COVID-19 infections is currently contracting by between 0% and 2% daily after increasing by between 0% and 2% last week, government scientists further noted.
Market reaction
The UK's FTSE 100 ındex showed no immediate reaction to this development and was last seen losing 0.37% on the day at 6,339.
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.