China has had the biggest daily jump in COVID cases in more than 5 months

News

Thre Chinese cities are in near full lockdown, testing has ramped higher and other restrictive measures have been put in place.

National Health Commission reported:

  • 115 new confirmed cases on the mainland (55 the previous day)
  • 107 are local infections
  • Most of the newly reported cases are near Beijing (Hebei province with 90), some are in northeastern Heilongjiang province

Hebei has put the cities of Shijiazhuang, Xingtai and Langfang into lockdown.

The actions in China will likely drive new numbers lower ahead. 

For bank trade ideas, check out eFX Plus

Articles You May Like

Economic calendar in Asia Tuesday, November 12, 2024
DWF Labs partners with UCLA for tokenized securities education
Gold Technical Analysis – It’s a make it or break it moment for gold
Coinbase launches Stand With Crypto advocacy group in Australia
Dollar Gains Momentum on Fed Outlook, Copper Decline Weighs on Aussie

Leave a Reply

Your email address will not be published. Required fields are marked *