Home world Coronavirus live news: China reports highest infections in two months; US sees almost 500,000 cases in one week

Coronavirus live news: China reports highest infections in two months; US sees almost 500,000 cases in one week

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France to give televised address on Wednesday evening





























Half of total 2016 US election turnout figure have already voted this year

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China reports highest cases in two months





Nearly 500,000 Americans have tested positive for coronavirus in last seven days





China reports 42 new cases

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The Australian state of Victoria has achieved a remarkable reduction in Covid-19 case numbers after a lengthy period of restrictions.

To put this achievement in context – Australia has done what very few countries have achieved in effectively suppressing a second-wave outbreak from a high point of more than 700 new cases a day. Victoria has now recorded only two cases in three days and lockdown restrictions are being eased.

This story showd a visual comparison of Australia’s epidemic curve compared with a number of other countries:





It looks like being another difficult day on global financial markets with uncertainty about the outcome of the US election adding to the negative sentiment around the spread of coronavirus in Europe and the US.

The Australian stock market opened down 0.4% but has recovered some ground to 0.1% in the red. That’s a big improvement on Tuesday’s chunky loss of 1.7% but it looks like shares are going to lose out across Asia Pacific more broadly with the Nikkei off 0.4% at the opening on Wednesday and Seoul down 0.25%.

CommSec
(@CommSec)

The Aussie market continues its recent trend lower with the #ASX 200 down 24pts or 0.4% to 6,027 on the open. Financials & energy are falling most but IT, health & consumer staples are rising #ausbiz


October 27, 2020





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