Greenback Gains Ground, Euro Weak; US JOLTS Job Data Lower; Taiwan Tension; FOMC Remarks
Yesterday’s release of US JOLTS job data showed a smaller number of new jobs than had been expected, but the undershoot was not especially large.Taiwan has claimed China has invaded its territorial space with military exercises following US House Speaker Pelosi’s visit to Taiwan yesterday.
Daily new coronavirus cases globally dropped last week for the second consecutive week, reversing the short-term trend of an increasing number of confirmed cases. It is estimated that 67% of the world’s population has received at least one dose of a coronavirus vaccination, while approximately 7.4% of the global population is confirmed to have contracted the virus at some time, although the true number is highly likely to be much larger.
Total confirmed new coronavirus cases worldwide stand at over 584.3 million with an average case fatality rate of 1.10%. The rate of new coronavirus infections appears to now be most significantly increasing in Iran, Japan, South Korea, Kosovo, Montenegro, North Macedonia, Romania, and Serbia.
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