During his coronavirus (COVID-19) Task Force Briefings, US President Donald Trump showed readiness to avail more ambulances and respirators at home while also said to have talked to Italian PM Conte.
Key quotes
We will allocate more ambulances to different states.
We will continue to provide the states with thousands of respirators.
Spoke with the Italian Prime Minister and told him US will be sending about $100 million of protective equipments to Italy.
Nationwide stay-at-home is pretty unlikely.
Prepared if the virus strikes again in the fall season.
FX implications
Considering the absence of any major signal, markets paid a little heed to the statements from US President Trump. Also contributing to the lack of momentum could be no major data/events amid the early hours of Asian morning on Tuesday.
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