New fears about coronavirus spikes in Spain are undermining sentiment in Europe and may be a harbinger of what will come to the US. This fall, as the northeast becomes a hub for academics returning from all over the country. No one needs to see waves for now. People are done with this virus. But the virus is over with us.
“The rise of infections in some eurozone countries is seriously tarnishing confidence and prospects as restrictions are reintroduced,” said Ludovico Sapio, Barclays economist in London.
Spain is provoking bloodless sweats to the whole world, while Germans protest in large numbers against restrictions on the lockout.
Fernando Simón, a leading epidemiologist at Spain’s Ministry of Fitness, said Thursday that the infections were still low and hospitals were in good condition. The Daily Mail reported: “It is not transparent that accumulation in detected cases is not just because of the accumulation in the evidence,” he said. Spain recorded 1683 new cases of coronavirus on 6 August.
Germany is sending its students back to school this week. But those who need closures until there’s a vaccine sound the alarm.
German Economy Minister Peter Altmaier said the country is witnessing an “alarming” buildup of coronavirus cases after reporting 1,000 cases a day for 3 consecutive days. But on Sunday he saw a fall, to 555 new instances.
“We want to flatten the curve and oppose the trend,” funke told the media organization. Germany has already flattened the curve.
That’s all:
“This is about the health of everyone, the return of children to schools and our economy’s success,” he said. “We have to avoid a second lockdown with all our might.”
In the German economy, despite the sharp 27.9% jump in factory orders from month to month, commercial production only exceeded expectations, with 8.9% on a per-month basis. Demand for cars alone, the classic signal of the German economy, rose to 66% consistent with the month of June.
In the rest of the euro area, knowledge of trade production shows that countries are returning to work. Industrial production increased by 8.2%, 14.0% and 12.7% consistent with the month in Italy, Spain and France. These overall figures represent a decrease of approximately 15% than prepandemic peaks. Much of the lost production still wants to be recovered, so rumors of a blockade are causing the economy to recover again.
“Fears of a wave of contagion have been rekindled more than ever,” Sapio says.
Infection curves in Germany and France are stable, however, the speed of new instances in the Netherlands, Belgium and Spain leads to greater uncertainty. The slow reopening of economic activity is now cancelled.
Spain’s recovery is already on a divergent path compared to that of France and Germany. Their recent U-turn in mobility is all fuelled by virus fears among the public, and official restrictions by the government.
If other states, led by Germany, follow Spain’s path, the dangers of the problem will accumulate for European macro-investors.
I spent 20 years as a journalist for the most productive in the industry, adding as a member of the Brazilian-based staff for WSJ. Since 2011, I have focused on business and making an investment in the