Global COVID-19 Tracker – Latam: Signs Of Flattening
Bookmarks are saved in the ‘My Account’ section: Click here
In the DM world, neither cases nor deaths saw significant increases. Only Canada reported a 3% increase in deaths but that was the result of an under-reporting glitch last week.
In the EM world, Egypt leads today on cases with a 7% increase, marking the highest daily increase for four consecutive days. It is followed by South Africa with a 6% increase, while India, the Philippines, Pakistan, and Chile recorded 5% increases. On deaths, Pakistan, South Africa, and Chile all reported a 6% increase while Nigeria, Egypt, and Saudi Arabia are all at 5%. On a regional basis, South America is now registering lower values compared with last week.
Looking at which countries are at peak waves, we find the following:
In DM, Canada find itself as the post-peak contender from the perspective of both levels and weekly changes. Portugal also gets our attention with case increases. It is followed by Spain and US. All other countries are in the declining wave quadrant or inching towards it.
In EM, countries like the Philippines, South Africa, Egypt, Pakistan, and Nigeria remain at the top of the peak-wave quadrant from the perspective of both levels and weekly changes. The only strong contender for the post-peak status is Hungary, while Czech Republic, Turkey, China, and Taiwan are contenders for the declining wave. There are surges in cases in Hong Kong, Israel, Thailand, and Iran.
Figure 7: DM: COVID Stages – (Changes in Daily Cases/Deaths)
Figure 8: EM: COVID Stages – (Changes in Daily Cases/Deaths)
Table 1: Developed Countries: Key COVID-19 Stats
Table 2: Emerging and Newly Industrialised Countries: Key COVID-19 Stats
Bilal Hafeez is the CEO and Editor of Macro Hive. He spent over twenty years doing research at big banks – JPMorgan, Deutsche Bank, and Nomura, where he had various “Global Head” roles and did FX, rates and cross-markets research.
Stefan Posea is a Research Analyst at Macro Hive. His research interests lie in macro-financial interactions and monetary policy analysis. Stefan graduated with an MSc in Economics at Birkbeck, University of London and previously held roles in M&A and the Public Sector.
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)
For access to our Slack Chat Room, where we discuss all things markets with our researchers and subscribers
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.