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3 Apr 2020

German Health Minister Spahn: Seeing initial trend that increase in new infections is flattening

"We are seeing the initial trend that the increase in new coronavirus infections is flattening," Germany's Health Minister Jens Spahn said on Friday, per Reuters.

"We have already obtained 1500 new ventilators," Spahn added and said these machines were expected to be in clinics by April. "There is real fighting between countries to get masks from china and that's not a good development," the minister further noted.

Market reaction

These comments were largely ignored by the market participants and Germany's DAX 30 Index was last seen down 0.45% on a daily basis at 9,528 points.

Apr 3, 2020

Eurozone: Mechanisms to prevent a continuation of the corona crisis – Natixis

The economic policy conducted in response to the coronavirus crisis should prevent the same mechanisms as those seen after the 2008-2009 crisis in the
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Apr 3, 2020

US Non-Manufacturing Purchasing Managers’ Index for March: Expected to fall below 50

PMI expected to take largest one month plunge in series history to the lowest level since the financial crisis as the US dollar retains its safety pre
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