Coronavirus Update: Australia refreshes record infections, figures from NZ, China are up as well
The latest coronavirus statistics confirm that the Delta covid variant firms up its grips over the global economic recovery, which in turn weighs on the risk barometers like the S&P 500 Futures and Antipodeans.
Reuters quotes China’s National Health Commission while saying, “China reported on Thursday 26 new confirmed coronavirus cases in the mainland for Aug. 25, compared with 20 a day earlier.”
On the other hand, New Zealand reports the record jump in the daily covid cases while marking 68 new cases of the virus, per Reuters.
It’s worth noting that Australia’s most populous state New South Wales (NSW) reports the record jump in daily infections with 1,029 cases, fueling the national count well above 1,100 to mark a new all-time high, unfortunately.
Other than the jump in the Asia–Pacific covid numbers, news that Britain says no decision yet on COVID-19 vaccine for 12 to 15-year-olds, published by Reuters, also weighs on the market sentiment.
Read: Gold Price Forecast: XAU/USD flirts with 50-DMA ahead of Jackson Hole, US data
Author
Anil Panchal
FXStreet
Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.
