Trump on Covid in debate: There have been spikes and surges before, but they're gone now


US President Donald Trump and Democratic candidate Joe Biden are going head-to-head in the final presidential debate before the election on November 3.

The mics are muted, for now, so each are getting a fair crack at the whip for two minutes during the initial response to six of the debate topics.

The show has started off with questions on COVID-19. The President was asked about a third wave hitting the US and how he's going to lead the nation through this next stage.

Trump said there have been spikes and surges before, but they're gone now.

The Wall Street Journal just wrote in an article that the US reported more than 60,000 new coronavirus cases for the second day in a row, as the spread continues to accelerate in most states.

However, the WSJ explained that ''the widespread nature of the current surge differentiates it from the spring and summer waves. On Wednesday, 24 states recorded more than 1,000 new cases, a contrast to the summer when California, Texas and Florida accounted for the majority of daily cases. On a handful of days in July, Texas and Florida together reported more than 20,000 cases each day.''

Trump said:

"There was a very big spike in Arizona and it is now gone. And there were some spikes and surges in other places, they will soon be gone. We have a vaccine that is coming, it is ready, it is going to be announced within weeks, and it is going to be delivered (...) I have been congratulated by the heads of many countries on what we have enabled to do, if you take a look at what we have done in terms of goggles and masks and gowns and everything else, and in particular, ventilators. We are now making ventilators all over the world. Thousands and thousands a month, distributing them all over the world. It will go away, and as I say, we are rounding the turn, we're rounding the corner, it is going away.

Meanwhile, "220,000 Americans dead. If you hear nothing else I say tonight, hear this," Biden said, blaming Trump for the deaths and stating that he should not be president for this alone. 

"I will take care of this, I will end this, I will make sure that we have a plan," Democratic presidential candidate stated.

For the moment, the US dollar has established after a pre-debate spike.

Dollar Index Price Analysis: Rises above 93.00, but bearish channel still intact

Share: Feed news

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. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

AUD/USD rises to two-day high ahead of Aussie CPI

AUD/USD rises to two-day high ahead of Aussie CPI

The Aussie Dollar recorded back-to-back positive days against the US Dollar and climbed more than 0.59% on Tuesday, as the US April S&P PMIs were weaker than expected. That spurred speculations that the Federal Reserve could put rate cuts back on the table. The AUD/USD trades at 0.6488 as Wednesday’s Asian session begins.

AUD/USD News

EUR/USD holds above 1.0700 on weaker US Dollar, upbeat Eurozone PMI

EUR/USD holds above 1.0700 on weaker US Dollar, upbeat Eurozone PMI

EUR/USD holds above the 1.0700 psychological barrier during the early Asian session on Wednesday. The weaker-than-expected US PMI data for April drags the Greenback lower and creates a tailwind for the pair. 

EUR/USD News

Gold price cautious despite weaker US Dollar and falling US yields

Gold price cautious despite weaker US Dollar and falling US yields

Gold retreats modestly after failing to sustain gains despite fall in US Treasury yields, weaker US Dollar. XAU/USD struggles to capitalize following release of weaker-than-expected S&P Global PMIs, fueling speculation about potential Fed rate cuts.

Gold News

Ethereum ETF issuers not giving up fight, expert says as Grayscale files S3 prospectus

Ethereum ETF issuers not giving up fight, expert says as Grayscale files S3 prospectus

Ethereum exchange-traded funds theme gained steam after the landmark approval of multiple BTC ETFs in January. However, the campaign for approval of this investment alternative continues, with evidence of ongoing back and forth between prospective issuers and the US SEC.

Read more

Australia CPI Preview: Inflation set to remain above target as hopes of early interest-rate cuts fade

Australia CPI Preview: Inflation set to remain above target as hopes of early interest-rate cuts fade

An Australian inflation update takes the spotlight this week ahead of critical United States macroeconomic data. The Australian Bureau of Statistics will release two different inflation gauges on Wednesday.

Read more

Forex MAJORS

Cryptocurrencies

Signatures