The Japanese Yen plummets to its lowest since 2002 as BoJ’s Koroda determined to “keep up powerful easing”.
The Reserve Bank of Australia is expected to hike its interest rate by 0.25% today, to a new rate of 0.60%.Global stock markets have been mixed, but are mostly bearish.Daily new coronavirus cases globally fell last week, continuing a long-term trend.It is estimated that 65.7% of the world’s population has received at least one dose of a coronavirus vaccination, while approximately 6.8% of the global population is confirmed to have contracted the virus at some time, although the true number is highly likely to be much larger.Total confirmed new coronavirus cases worldwide stand at over 535.9 million with an average case fatality rate of 1.18%.The rate of new coronavirus infections appears to now be significantly increasing only in Brazil, Ethiopia, Jamaica, Mexico, and Chile.
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