Archives of “September 17, 2020” day

rss

US cases rise to 41,464, up from 34,240 yesterday

  
  Analysis

Deaths and cases move higher in the US

The CDC is reporting the Covid case numbers for the day:

  • cases rise by 41,464 vs. 34,240 yesterday
  • total deaths increased by 1224 vs. 961 reported yesterday.
  • Total deaths from the CDC now equal 196,277
  • total cases over the last 7 days has increased by 269,769.
Many expect the total cases (and deaths) to rise over the next few weeks due to the Labor Day holiday.
Kids going back to school and the opening of football seasons in college and pro where some teams are allowing up to 20,000 fans, have the potential to increase Covid cases.

Saudi energy minister: Warns oil speculators not to bet against OPEC

  
Analysis, Crude

More OPEC news

The Saudi energy minister is now speaking saying:
  • UAE has shown its commitment to OPEC+cuts
  • Warns oil speculators not to bet against OPEC.
  • Exports to evolve as local consumption drops
  • We don’t have to wait until December, we will be proactive

Meanwhile the UAE energy minister is now speaking and says:

  • Reaffirmed the full support, commitment to OPEC+ deal
  • Output increase in August was due to domestic demand
  • Tremendous increase in electricity demand in August
  • Will compensate oil output in October and November
  • Won’t pump above OPEC+ target this month
  • To meet 100% of its OPEC+ quota in September

European major indices close lower but off low levels for the day

  
Analysis, Global Indices

German DAX, -0.2%. UK’s FTSE 100, -0.3%. France’s CAC, -0.5%

The major European indices are closing lower, but well off there lowest levels for the day.

The provisional closes are showing:
  • German DAX, -0.2%. The index was down -1.66% at the lows.
  • France’s CAC, -0.5%. It fell to a low of -1.55%.
  • UK’s FTSE 100, -0.3%. It’s low reached -1.31%
  • Spain’s Ibex, -0.3%. It’s low reached -1.36%
  • Italy’s FTSE MIB, -1%. It’s low reached -1.67%.
In the benchmark 10 year note sector, the UK’s yield fell the most at -2.6 basis points. Spain yields in stop by 0.3% with the other countries in between those 2 extremes.

Some Covid statistics for the day in Europe and US

  
  Analysis

UK, Italy, Florida, New York

Some Covid statistics for the day from the US and Europe

  • Florida cases up 3255 vs. 2355 yesterday. Deaths dipped to 147 from 154 yesterday
  • New York cases 896 vs. 652 yesterday. Deaths come in at 3 vs. 4 yesterday. Hospitalizations are at 486 vs. 483 yesterday
  • UK cases 3395 vs. 3991 yesterday. Deaths 21 vs. 20 yesterday
  • Italy cases 1585 vs. 1452 yesterday
In France their health minister said that the number of people in the highest use with Covid is increasing at a worrying rate.
Officials in the US are worried about a spike after the Labor Day holiday when social distancing was relaxed.
In my home state of Arizona cases rose to 1753 vs. 698 yesterday. Deaths also rose from 27 to 38. The case count is the largest since August 1.
Go to top