S&P: Currently trying to hold above the lower edge of a slightly badly drawn potential broadening top chart pattern. Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle.

 

Japan detects coronavirus cases in 16 different prefectures 160 cases on the mainland as on top of those in the cruise liner

Following Monday’s public holiday for the Emperor’s birthday, Japan official Shigeru Omi of the Japan Community Health Care Organisation said today: ‘’We are at the crossroads. Local transmission is already going on’’ as 160 confirmed Covid-19 cases were reported in 16 different prefectures. Like those in Europe and the US yesterday, stocks in Tokyo and Osaka tumbled, partly because they were catching up.

Yesterday evening in New Delhi, close to where President Trump and his entourage will stay, violent clashes broke out over new citizenship laws introduced at the end of last year. Police used tear gas and smoke grenades to try and disperse the thousands arguing for and against the new rules. CNBC states that 90 were injured and 5 killed in the melee, including a policeman.

Financial Markets and Political Commentary

 

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