- Stock markets globally are broadly higher, as the Speaker of the U.S. House of Representatives Nancy Pelosi reported that she remains hopeful of a stimulus deal agreement with the Trump administration before the U.S. election. Analysts and central bankers tend to see this step as vital for the U.S. and global economy.
- Forex markets are seeing a firm boost in risk sentiment, with the U.S. Dollar clearly the weakest major currency, while the Australian Dollar, British Pound, Gold, and the Euro have all strengthened.
- Today will see the release of British and Canadian inflation data, as well as Canadian retail sales numbers. These releases may impact the British Pound and the Canadian Dollar.
- Opinion polling suggests that President Trump needs only an approximately 1.5% swing from current polls in a few battleground states to win the U. S. presidential election on 3rd November, despite Biden’s considerably stronger polling lead nationwide. President Trump has seen polls tighten in his favor over recent days.
- Despite the increasing spread of the disease, coronavirus daily global death tolls have been falling slightly since a recent peak in early August, with deaths in Latin America and the Caribbean falling to 31% of the global daily total, well exceeding those in both India (approx. 19%), the U.S.A. (13%), and Europe (approx. 20%).
- The European Union is now seeing more new coronavirus cases than any other area, deaths are rising, and new restrictions are being imposed in several European nations, notably new lockdowns in Ireland and Wales. New cases are also rising strongly in the U.K.
- Total confirmed new coronavirus cases stand at over 40.7 million with an average case fatality rate of 2.76%. Global mortality over recent weeks has been lower than it was during the first peak in April. However, the rate of new confirmed cases is increasing exponentially worldwide.
- Argentina’s total confirmed coronavirus cases have exceeded 1 million.
- India has more than 7.5 million confirmed coronavirus cases, more than any other nation except the U.S.A. which has confirmed more than 8.2 million cases. India is the country with the highest daily death toll, reporting more than 700 deaths yesterday.
- The rate of new coronavirus infections appears to now be increasing most quickly in Albania, Argentina, Armenia, Austria, Azerbaijan, Belarus, Belgium, Bosnia, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, France, Georgia, Germany, Greece, Honduras, Hungary, Iran, Ireland, Italy, Kenya, Kosovo, Kuwait, Lithuania, Luxembourg, Malaysia, Malta, Morocco, Nepal, Netherlands, North Macedonia, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Tunisia, Turkey, U.S.A., Ukraine, U.A.E., Uruguay, and the U.K.