Coronavirus live news: WHO signals slowing of infections but India cases still soaring

Spread of Covid-19 is easing in hard-hit Americas but concerns about south Asia; UK u-turn on masks in schools; Gaza in lockdown. Follow the developments live

US stock markets closed higher on Tuesday night on hopes that the first formal contact between the US and China over their trade agreement would lead to an easing of tension between the superpowers.

The broad-based S&P500 and the tech-heavy Nasdaq both closed a new highs, although Asia Pacific markets are expected to be more mixed with Sydney seen opening down 0.6%.

Eurozone shares -0.1%
US shares +0.4% with reports China and US reiterated commitment to the Phase One trade deal
US 10 yr yld +3bp to 0.68%
Oil +1.8% to $43.4
Gold -0.04% to $1929.4
Iron ore -2.4% to $121.5
ASX futures -0.6%$A 0.7194 with $US index -0.3%

North Korean leader Kim Jong Un has called for prevention efforts against the novel coronavirus and a typhoon, state news agency KCNA said on Tuesday.

An enlarged meeting of the politburo of the Workers Party took place amid a pandemic that is putting additional pressure on the North Korean economy, battered by recent border closures and flood damage.

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from The Guardian https://ift.tt/2YyeYT3

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