There is seemingly no end in sight as Coronavirus cases surge. A combination of re-emerging hotspots and government reluctance to act swiftly has cascaded into state-wide infections and in-turn, lock down proceedings. Joining Australia NSW, Queenlands will block border entry from Victorians. Coming Saturday, Hong Kong will re-implement stricter social distancing measures. Curfews to be applied in Serbia. New Jersey to sign an order requiring masks to be worn when outside.
On the other side of the spectrum, whether in favor or against the strict policies implemented by China during their pandemic. Of global nations, China is emerging as the front-runner in successfully flattening the curve and subsequent waves. Investor confidence high with the Shanghai Composite Index breaking out of a year and half consolidation to 3,400. and Yuan appreciating beyond the 7.000 psychological level. Whilst the momentum may slow, with funding cost remaining low in the foreseeable future.