This Is The Main Reason U.S. Market Players Are Starting To Take More Precautions! - Kakiforex | Forex markets for the smart money. This Is The Main Reason U.S. Market Players Are Starting To Take More Precautions! This Is The Main Reason U.S. Market Players Are Starting To Take More Precautions!

March 31, 2021

This Is The Main Reason U.S. Market Players Are Starting To Take More Precautions!

 U.S. government officials have lately repeatedly urged U.S. citizens to continue to take precautions as there has been a significant increase in Covid-19 cases.


In a press conference on Tuesday, the Director of Health, Dr. Rochelle Walensky says she expects the pandemic situation to get worse. President Joe Biden also informed that the match against Covid-19 is still not over.



At the same time, a CDC study found that a single injection dose of Pfizer or Moderna vaccine showed that the vaccine had 80% effectiveness in preventing Covid-19 infection and 90% after receiving a second dose injection. So far almost 3 million injections are administered every day.


So far based on a Johns Hopkins University study found nearly 66,000 new Covid-19 cases are reported in the U.S. every day. Although the figure is still below the peak of daily cases but it continues to show an increase. On the other hand, it is also reported that as many as 990 deaths due to Covid-19 per day. In all, 550,000 U.S. citizens have died.


Concerns about the growing Covid-19 case caused the market to start taking cautious measures as fears the U.S. economy might be affected as before.