Coronavirus update: Spain’s daily new cases rise by 4%, deaths jump by 743

Dhwani Mehta FXStreet

According to the Spanish Health Ministry, coronavirus cases rise to 140,510 on Tuesday from 135,032 reported on Monday.

The death toll rises by 743 to 13,798 on Tuesday vs. Monday’s 13,055. The daily rate of increase in new cases stood at 4% while the mortality rate jumped by nearly 6%, both snapping four straight days of a declining trend.

Spain's total number of cases is second only to the US. The country of 47 million people also has the second-highest death toll in the world, behind Italy, as cited by BBC News.

On Monday, Spain’s Foreign Minister Arancha González said in a TV interview, "It is important to know who is contaminated to be able to gradually lift Spanish citizens' lockdown."

Elsewhere in Europe, Parisian police announced on Tuesday that it will tighten the lockdown measures to ban outside sports activity from 10am to 7pm.

EUR/USD reaction

EUR/USD is slightly off the 1.0879 highs on the above statistics, as it now trades around 1.0870.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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