The results of the 2020 US presidential primary election has been released. Joe Biden completely defeated his main rival, Bernie Sanders, while other competitors, E. Warren and M. Bloomberg, have been left in the distance. There's a very high probability that in November, we will see Trump and Biden fight for the position of US President. Although Trump seems to be the favorite, let me remind you that in 2016, if the Democrats had nominated Biden and not Hillary Clinton, Biden would have won the election.
Important news: Because of the coronavirus, Trump has banned Europeans (except British citizens) from entering the US for 30 days, the World Figure Skating Championships were canceled, and the Olympics in Japan will probably be postponed for 1-2 years.
Update on the coronavirus: the head of WHO has announced that the virus has reached epidemic levels.
Outside of China, the number of cases already reached 37 thousand. Patients increase by 3,900 per day.
Italy (12,500 patients), Iran (9,000), South Korea (7,900), Spain (2,100), France (1800). Germany (1300).
In China, more than 60 thousand people have been cured. The country has already actually defeated the virus locally, so the main risk for China now is the entry of patients from abroad, as well as the losses it took in the economy.
The US market once again fell on Wednesday. At the same time, oil also declined, due to the oil war between OPEC and Russia. OPEC countries have lowered the oil prices.
EUR/USD: the euro is waiting for the ECB's decision that will happen today, March 12. Earlier, the Bank of England sharply lowered the rate by 0.5%, so the pound lost all its recent growth.
Keep purchasing from 1.1100.
Buy from 1.1190.