Coronavirus update: Beijing continues to report double digit new infections

China’s National Health Commission (NHC) said on Friday, Beijing city reported 11 new coronavirus cases as of end-June 25 vs. 13 cases reported a day earlier.

Further details

China reports 13 new coronavirus cases in the mainland as of end-June 25 vs. 19 a day earlier.

China reports 2 new imported coronavirus cases in the mainland as of end-June 25 vs. 5 a day earlier.

China reports 5 new asymptomatic coronavirus cases in the mainland as of end-June 25 vs. 1 a day earlier.

Total of 83,462 confirmed coronavirus cases in the mainland as of June 25.

Meanwhile, at least 20 million people in the US may already have been infected with Covid-19, according to the latest data from the health officials.

Market reaction

The risk sentiment is seeing a fresh knock down in Asia despite the Fed-inspired late rally on Wall Street, as markets weigh in the incoming fresh virus updates from Asia-Pacific.

S&P 500 futures fluctuate between gains and losses around 3070 while the Japanese stocks take the Wall Street lead and rise 1% in early trades.  

AUD/USD is off the daily lows to trade around 0.6875 while USD/JPY remains stuck around 117.15.