US reports second coronavirus death – CNN
|CNN carries a report in the last minutes this Monday, confirmed the second coronavirus (COVID-19) death in the US. The new death is reported in Seattle.
The man was in his 70's with underlying health conditions, hospitalized in Kirkland, CNN reports further, with a total of 10 cases now confirmed in King County.
Meanwhile, New York State reported its first case of coronavirus, in a woman in her late 30s who had traveled to Iran.
Washington confirmed the country’s first coronavirus death on Saturday. A state of emergency has been declared in the state amid the virus outbreak.
Risk recovery resurfaces
Markets seem to ignore the bearish coronavirus updates and disappointing macro numbers, as the Asian equities recover alongside the S&P 500 futures.
Investors likely believe that the sell-off in the global equities last week was excessive while they reposition themselves ahead of the key central banks’ monetary policy decisions and the US payrolls data.
USD/JPY is attempting a recovery above 108.00 while the Aussie is printing fresh daily highs near 0.6530. The US Treasury yields are quickly recovering losses.
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.