Global stocks tank on fears of second coronavirus wave – latest updates

Specialists Robert Tuccillo, left, and Matthew Greiner work at their post on the floor of the New York Stock Exchange, Friday, April 6, 2018. Another increase in trade tensions has stocks reversing course and falling again. Mexico reached over 700,000 confirmed cases, though authorities acknowledge the true number of infections in the country ranked No. 6 in cases globally, is higher.

"We've now seen seven consecutive weeks of a downward-sloping trend," he said at a news conference Sunday, referring to the rate of infections, hospitalizations and deaths. The banking sector was also rocked by an international media probe that claimed massive sums of allegedly dirty money had flowed for years through some of the world's largest banks.

Melbourne, the state capital, is on an extended hard lockdown until September 28 and if the two-week average number of infections is below 50 by then, restrictions may be easedThe Premier League's latest round of tests produced three positive results. The first two rounds of tests this season produced three positives from 1,605 tests and four from 2,131 respectively.The US economy will only recover from the virus downturn when people feel safe to resume their normal activities, Federal Reserve Chair Jerome Powell said in remarks released Monday ahead of congressional testimony.

Under new rules to come into force on Thursday, English pubs, bars and other hospitality venues will be required to close at 2100 GMT while food and drink outlets will be restricted to table service only.

Russia reports 6,215 cases as new infections continue to ruse. Some key Covid19 updates: 🇰🇷 South Korea suspends flu shots 🇮🇳 India reports 1,053 deaths 🇨🇿 Czech Republic confirms 1,476 virus cases Read More:

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