The chart of active coronavirus cases in Russia shows how many people are undergoing treatment. According to the last report, Russia has 236.8 thousand active virus cases. We can see that the infection rate is still high and there is no noticeable decline yet.
Despite statements by the authorities, Russia has not passed the peak of the pandemic.
The only region which has passed the peak of the epidemic is Moscow where the number of new cases decreased from 6 thousand to 1 thousand. More than 20 thousand people were released from hospitals. Some of these places of treatment return to their core business activities.
For the last three days, St. Petersburg has reported a significant drop in the number of active cases which reduced by 1,300 people, that is, about 10%. However, doubts were raised by yesterday's statement of St. Petersburg Governor Alexander Beglov. He said that there were no empty hospital beds for COVID-19 patients. However, official statistics show that more than 1,000 beds became vacant (this is a large hospital in total). So, what to think? One thing is clear: St. Petersburg has lifted all quarantine measures too early.
This claim relates to the province as well. Let's take a look at the chart again. Given the fact that Moscow and St. Petersburg have reported a significant drop in the number of new cases, it can be concluded that the Russian province is currently at the peak of the disease.
EUR/USD - The euro cannot decide on its direction.
Keep short positions from 1.1205 with a stop loss order at 1.1250.
Open long positions from 1.1265.
