Coronavirus data remains in focus as the U.S. and Europe cautiously lift coronavirus lockdowns; the virus has now killed at least 263,000 people worldwide and there are over 3.7 million confirmed cases of coronavirus.
One of the countries that started to lift lockdown restrictions several weeks ago, Germany, reported 1,284 new cases on Thursday — a jump from the 947 new infections a day earlier. That took its tally of confirmed cases to 166,091, according to the latest data by the Robert Koch Institute, the federal government agency responsible for disease monitoring and prevention. The country's death toll rose by 123 to 7,119.
On Wednesday, Germany's Chancellor Angela Merkel announced steps to ease the lockdown, but also launched an "emergency brake" mechanism where restrictions could be imposed again if cases pick back up, according to Reuters.. He is due to update the nation with details on Sunday.as a private survey showed China's services sector slumping in April.
China's Caixin/Markit services Purchasing Managers' Index for April showed that the country's services sector slumped for the third straight month, as layoffs hit a record, according to Reuters. It came in at 44.4, an improvement from the 43 reading in March — but still off the 50-level that separates growth from contraction.as movement restrictions to curb the coronavirus outbreak were eased.
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Source: CNBC - 🏆 12. / 72 Read more »