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19 Feb 2020

S. Korea confirms 15 new coronavirus cases, Hong Kong reports 2nd death

Amid a slowdown in the number of new cases reported in China’s Hubei province, the epicenter of the coronavirus outbreak, unfortunately, across the boarders its not the same situation.

South Korea reported 15 new cases of the coronavirus this Wednesday, bringing the total number of people infected in the country to 46.

Meanwhile, a Princess Margaret Hospital spokeswoman told Reuters that Hong Kong recorded its second death caused by the new coronavirus. The 70-year-old man, who had underlying illnesses, was one of the 62 confirmed cases in the Chinese-ruled city, Reuters added.

As on Wednesday, China’s National Health Commission (NHC) reported 1,749 new confirmed cases of coronavirus and 136 new deaths, as cited by Xinhua news agency.

Feb 19, 2020

USD/CAD Price Analysis: Wedge breakout fails to inspire bulls

USD/CAD is struggling to gather upside traction despite a bullish continuation setup on the 4-hour chart. The pair broke out of a falling wedge patter

S&P: RBA will be forced to cut rates further

Ratings agency Standard & Poor's (S&P) thinks the Reserve Bank of India (RBA) will be forced to cut interest rates, as coronavirus outbreak will deliv