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Tech & Science ASX to rise on encouraging COVID-19 trend

02:12  07 april  2020
02:12  07 april  2020 Source:   msn.com

Coronavirus social distancing helping downward trend in Queensland cases, Health Minister says

  Coronavirus social distancing helping downward trend in Queensland cases, Health Minister says Health Minister Steven Miles says a trend showing a fall in the number of new COVID-19 cases being reported is a sign social-distancing measures are working in Queensland.Queensland had 27 new confirmed cases of coronavirus in the last day, lifting to 900 the total number of known COVID-19 patients across the state.

As infections and deaths from COVID - 19 continued to rise in the United States and Europe over the weekend, experts said global financial markets will remain focused on the speed of the virus's spread around the world. Futures markets point to 0.9 per cent rise in the ASX 200 at the opening on Monday.

As the entire world has become the frontline of the fight against the Covid - 19 coronavirus, the US State Department is headhunting foreign doctors to assist the US In a message posted on its website on Thursday night, Foggy Bottom encouraged medical professionals who have already applied for US

SYDNEY, AUSTRALIA - MARCH 19: An electronic board displays stock information at the Australian Securities Exchange, operated by ASX Ltd, on March 19, 2020 in Sydney, Australia. The Reserve Bank of Australia has cut official interest rates to a record low of 0.25% in a bid to protect the economy from the financial fallout of the global COVID-19 pandemic.  (Photo by Brendon Thorne/Getty Images) © Brendon Thorne/Getty Images SYDNEY, AUSTRALIA - MARCH 19: An electronic board displays stock information at the Australian Securities Exchange, operated by ASX Ltd, on March 19, 2020 in Sydney, Australia. The Reserve Bank of Australia has cut official interest rates to a record low of 0.25% in a bid to protect the economy from the financial fallout of the global COVID-19 pandemic. (Photo by Brendon Thorne/Getty Images) T

he Australian sharemarket is tipped to continue its strong start to the week after global equities were encouraged by early signs the coronavirus death toll is slowing.

The SPI200 futures contract was up 124 points, or 2.35 per cent, at 5,397.0 points at 0800 AEST on Tuesday, suggesting local stocks will rise again at the start of trade.

Australian share market jumps on slowing rate of coronavirus infections

  Australian share market jumps on slowing rate of coronavirus infections Australian shares begin the week sharply higher, with investors' appetite for risk-taking boosted by the nation's slowing COVID-19 infection rates. Australian shares have begun the week sharply higher, with appetite for risk-taking boosted by the nation's slo Investors are shrugging off the delay of a crucial OPEC meeting and its impact on volatile oil prices, the rapid rise in coronavirus cases overseas, and warnings from US President Donald Trump that his country is entering its "toughest week" of the pandemic.By 11:20am AEST, the ASX 200 had lifted by 2.

The number of Covid - 19 cases in Spain has risen from 85,195 on Monday to 94,417 by Tuesday morning, while its death toll rose by 849 to 8,189, according to the latest figures from the Spanish Health Ministry. The increase in the death toll was the highest one-day total in the country since the

CDC encourages people who are well to continue to donate blood if they are able, even if they are practicing social distancing because of COVID - 19 . You can encourage your child to help stop the spread of COVID - 19 by teaching them to do the same things everyone should do to stay healthy.

Global markets jumped overnight as coronavirus-related deaths showed signs of slowing in certain major cities.

The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite added more than 7.0 per cent each after a decline in the daily death toll in New York, the US' biggest coronavirus hot spot.

"Whether mere perception or reality, signs that the virus' spread could be peaking - that the "curve is flattening" - emboldened market participants to buy into the notion that the worst of the COVID-19 crisis is passing," IG Markets analyst Kyle Rodda said in a note.

US officials had earlier braced the country for a dire week, with the death toll topping 10,000.

The S&P/ASX200 benchmark index finished Monday up 219.3 points, or 4.33 per cent, to 5,286.8, while the All Ordinaries index rose 216.7 points, or 4.24 per cent, to 5,323.6 points.

Coronavirus: a little respite Spain and Italy

 Coronavirus: a little respite Spain and Italy The figures mark this Sunday the long-awaited decline for two of the most affected countries on the continent. © Supplied by Euronews In Spain, the daily number of new people infected with the new covid-19 is once again falling, as is the number of new deaths linked to the virus. With 131,646 cases of people infected with Covid-19 and 674 deaths recorded in 24 hours, the second most affected country in the world has observed an encouraging daily report for the past few days.

While some Asian countries appear to have slowed down the spread of the deadly Covid - 19 disease, no nation should let its guard down, World Health Meanwhile, Chinese health officials reported on Tuesday that there were no new confirmed Covid - 19 cases recorded in the Hubei Province – where

Citing the “rapid spread of Covid - 19 across the world,” China has decided to temporarily suspend entry to almost all foreign nationals holding valid visas or Beijing was vocal in condemning US and other bans on travelers from China earlier this year, after Covid - 19 was first detected in the city of Wuhan

The rally snapped a two-day losing streak, with the ASX200 closing at its best level since March 17.

The Reserve Bank board will consider today whether its bond-buying program needs tweaking when it holds its first monetary policy meeting since unveiling a historic suite of stimulus measures to combat the impact of the coronavirus pandemic.

Westpac's economists are among those who do not expect the RBA to touch the cash rate on Tuesday as board members have already signalled it will likely remain lower bound at 0.25 per cent "for some time".

"As such, the focus of RBA meetings will be on how the board assesses its QE measures and whether they may require adjusting," Westpac said in a note on Monday.

The Australian dollar was buying 60.83 US cents at 0800 AEST, up from 60.50 US cents at the close of markets on Monday.

PHOTO Marine Lorphelin: her encouraging news on the evolution of Covid-19 .
© Sipa PHOTO Marine Lorphelin: her encouraging news on the evolution of Covid-19 Internal in medicine, Marine Lorphelin is one of the many caregivers to fight against the coronavirus, directly from hospitals. On Instagram, the former beauty queen gave good news on the evolution of the disease. Like many caregivers , Marine Lorphelin is at the forefront in the fight against coronavirus . Interned in medicine, he only has eighteen months left before completing his internship.

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