White House’s Birx: We see improvement in coronavirus situation across major cities

Anil Panchal FXStreet

Deborah Leah Birx, the Virus Response Coordinator for the Trump Administration's White House Coronavirus Task Force, recently crossed wires, via Reuters, while striking an upbeat tone.

Key quotes

We see improvement in coronavirus situations across major cities including New York and Chicago.

Not seeing a decline in the Washington DC metro area yet.

Still seeing outbreaks in nursing homes in rural areas.

Market implications

The news adds to the recently announced updates from the US that positively affect the market’s risk-tone. The result could be witnessed in the S&P 500 Future’s 0.25% gains by the press time of the initial Asian session on Wednesday.

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.

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