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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

The European Commission expects the second wave of coronavirus

May, 11 2020
watermark Economic news

The President of the European Commission said that EU countries could face the second wave of the spread of coronavirus, and all measures should be taken to prepare for such a scenario.


Scientists from the European Center for Disease Prevention and Control regularly assess the pandemic situation. At the same time, they concluded that new outbreaks of the disease can begin, even if current indicators are well controlled.


Moreover, disappointing news comes from the East, where new cases of Covid-19 infection were again recorded in China and South Korea after a long period of their absence. China reported 17 new cases of coronavirus and closed the entrance to Shulan City. South Korea is also sounding the alarm, as 27 new cases of infection were recorded in this country as early as May 10.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.