Search ForexCrunch

With the continued escalation in the coronavirus cases on both sides of the Atlantic, the governments contemplating whether to ease or extend the lockdowns announced earlier this month.

The UK recorded 18,662 new coronavirus infections on Sunday and 398 deaths, according to official data published on Sunday.

Despite the surge in new cases, the government is mulling easing the COVID-19 restrictions in Scotland, Wales and Northern Ireland over Christmas to allow families to get together.

In this regard, The Telegraph reported that the Transport Minister is likely to announce on Monday that the quarantine restrictions will end in time for Christmas.

On the contrary, Germany’s Finance Minister Olaf Scholz told Bild newspaper that “everything points to the fact that the current restrictions must be extended for some time beyond Nov. 30,

Separately, Germany is said to extend its measures to contain the COVID-19 pandemic until December 20, Reuters reported, citing a senior politician and a draft proposal obtained.

Meanwhile, the French government spokesman Gabriel Attal said Sunday, “Emmanuel Macron will give prospects over several weeks, especially on how we adjust our strategy. What is at stake is adapting lockdown rules as the health situation improves while avoiding a new flare-up in the epidemic.”

“There will be three steps to (lockdown) easing in view of the health situation and of risks tied to some businesses: the first step around Dec. 1, then before the year-end holidays, and then from January 2021,” Attal added.

Related reads

  • UK to give green light to Pfizer’s covid vaccine by end of this week – The Telegraph
  • Forex Today: hints on economic progress coming up next
Expert score

5

Etoro - Best For Beginner & Experts

  • 0% Commission and No stamp Duty
  • Regulated by US,UK & International Stock
  • Copy Successfull Traders
Your capital is at risk.