According to recent reports, Brazil observed a huge jump in the number of new infections, at 40 thousand new cases per day (!!!). India is under the same situation, at 15 thousand new cases per day.
The United States also saw a strong increase in new infections, which amounted to 36 thousand per day, 1.5 times higher than the figure recorded a week or two ago.
Such terrible data are to affect the economies.
S&P 500 - The market is awaiting the upcoming US employment report, which will be published on Thursday.
The data may result to new entries in the market, so place stops before a strong movement upwards. Sell positions are the most recommended at the moment.
EUR/USD: Buy positions after a good pullback. Keep them at the level of 1.1255, and stop at 1.1230.
