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Tokyo reports the highest number of new COVID-19 cases since May 5

47 new cases reported by the Tokyo Metropolitan Government on Sunday

  • 47 new coronavirus infections in the capital
  • 18 of them in the Kabukicho entertainment district in Shinjuku Ward
  • of the 29 other infections, 7 linked to  a hospital, 4 to nightlife venues
Here we go, Tokyo Gov. Koike said the jump in cases resulted from very active testing. Yeah, sure.
If you are heading out to a nightclub, consider wearing a mask folks (and have a good time!)

Weekend news – record number of US coronavirus cases and hospitalisations continue

Fears of wave after wave (is the US even out of the first wave?) of COVID-19 in the US continue as cases, hospitalisation and deaths mount.

While case counts can be (and are) rationalised away citing increased testing, hospitalisation and the death toll cannot be swept under the carpet in the same way.
Via Reuters:
  • Arkansas, North Carolina, Texas and Utah all had a record number of patients enter the hospital on Saturday
From the same report at Reuters:
  • most states are not considering a second shutdown as they face budget shortfalls and double-digit unemployment. Many went ahead with reopenings before meeting government infection rate guidelines for doing so.
Health concerns are likely to keeping ‘risk’ in check.
Fears of wave after wave (is the US even out of the first wave?) of COVID-19 in the US continue as cases, hospitalisation and deaths mount.

Monday morning open levels – indicative forex prices – 15 June 2020

Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week!

As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come on online … prices are liable to swing around on not too much at all, so take care out there.
Some change from late Friday levels:
  • EUR/USD 1.1240
  • USD/JPY 107.26
  • GBP/USD 1.2525
  • USD/CHF 0.9519
  • USD/CAD 1.3605
  • AUD/USD 0.6836
  • NZD/USD 0.6425
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