- The US surpassed 3 million infections and the 2% increase was higher than the average daily increase of 1.8%.
- California and Texas reporting surging cases and deaths.
- Mexico reported its biggest daily jump in infections.
Bloomberg reported that the coronavirus cases in the US rose 59,655 from a day earlier to 3.02 million, according to data collected by Johns Hopkins University and Bloomberg News.
Key notes
- The 2% increase was higher than the average daily increase of 1.8% over the past week. Deaths rose 0.8% to 131,857.
- Florida reported 223,783 cases, up 4.7% from a day earlier, less than the verage increase of 5% in the previous seven days. Deaths reached 3,889, a 1.2% rise.
- Arizona had 3,520 new cases, bringing that state’s total to 108,614, a 3.3% increase that was below the prior seven-day average of 4.1%.
- Idaho cases rose 6% to 8,539, according to the data collected by Johns Hopkins and Bloomberg News.
Highlights
- Mexico reported its biggest daily jump in infections, as the coronavirus pandemic ravages the Americas.
- Tokyo’s government will subsidize bars and clubs that are forced to close because of the outbreak, a report said.
- The US surpassed 3 million infections, representing more than a quarter of all cases globally, with California and Texas reporting surging cases and deaths.
- Iran reported its deadliest day.
- Tasmania has announced the state of emergency that was due to expire today will be extended until the end of August.
- South Africa’s health minister warned of a scarcity of intensive-care beds.
- Australian borders hardened even further - Queensland shuts out Victorians.
- Tokyo reports 75 new coronavirus infections on Wednesday, down from 106 on Tuesday.
- Britain’s finance minister unveiled a plan to save jobs, and cut taxes on property and dining out to stimulate spending.
- Trump held the rally despite pleas from local authorities to delay because they were already seeing a rise in Covid-19 cases.
Market implications
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