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28 Jul 2020

Coronavirus update: Second-wave fears ramping up, as China reports 68 new infections

The latest coronavirus count is begin reported from across the globe, with the second wave fears gripping the markets.

China’s National Health Commission (NHC) reported 68 new cases in the mainland for July 27, up from 61 cases a day earlier. Of the new infections, 57 were in the far western region of Xinjiang.

Australia's no. 2 populous state of Victoria recorded 384 new infections on Tuesday vs. 532 previous day’s surge.

Meanwhile, according to the Reuters tally, California coronavirus cases rise by at least 10,549 on Monday to 463,439 total, which now surpasses Massachusetts in total COVID-19 deaths.

The state also ranks third in the nation for fatalities.

more to come ...

Jul 28, 2020

USD/CAD Price Analysis: Refreshes seven-week low around 1.3350

USD/CAD recovers from multi-day low to 1.3351 during early Tuesday. Even so, the pair’s sustained trading below an ascending trend line from February

AUD/JPY jumps above 10-day SMA as Asian stocks rise

The Aussie dollar is pushing higher against the anti-risk Japanese yen with the Asian stocks flashing green and gold extending its record rally. The A