Coronavirus cases on the rise, political tensions, oil and employment data affect markets

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OPEC and Allies Decision “Data-reactid =” 32 “> Investors Expected To Take Profit Waves Over Next Week Due In Part To Major News This Week -end on the decision of OPEC and its allies to continue the cuts in oil production.

Concerns about rising coronavirus cases, rising geopolitical tensions, as well as a series of key data to be released in the coming days are also expected to affect market activity.

Other new keys to the weekend have also caught the attention of investors:

Screen capture of Prime Minister Boris Johnson at a press briefing in Downing Street, London, on the coronavirus (COVID-19). Photo: PA Video / PA Images via Getty Images

making plans to “rebuild Britain” in the aftermath of the coronavirus pandemic, amid reports that he wants to quickly ease lock restrictions to save millions of jobs. “Data-reactid =” 60 “>Rebuilding Britain: British Prime Minister Boris Johnson will present plans to “rebuild Britain” in the aftermath of the coronavirus pandemic, as he announces that he wants to quickly ease lock restrictions to save millions of jobs.

Johnson will chair a cabinet meeting this week to brief them on the next phase of easing for a number of sectors, which are expected to take effect on June 15.

It has been reported that the Prime Minister will unveil plans to ease restrictions on marriages and funerals starting next month, as well as possible measures to reopen hairdressers before July 4.

fears of a second & nbsp; coronavirus peak & nbsp; has increased after new figures show that the virus could grow exponentially in the North West of England. Concerns over the Northwest and the Southwest, said Health Secretary Matt Hancock, but fears of a second spike in coronavirus have increased after new figures show the virus could grow from exponentially in the north west of England.

Markets will carefully consider any change in the Fed’s position in conjunction with its updated economic projections, which will indicate the expected depth of recession and the speed of recovery, said IHS Markit.

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