S&P 500 Futures bounces off 3,132 to defy the previous day’s downbeat performance. US coronavirus cases crossed 3 million mark, numbers from Victoria recede while Beijing holds zero figure. China witnesses further hardships from the US but chooses to open a new national security office in Hong Kong. S&P 500 Futures recovers from a two-day low while taking the bids near 3,147, up 0.30% on a day, during Wednesday’s Asian session. The US equity gauge took a U-turn from a three-week top the previous day amid the fears of the coronavirus (COVID-19) resurgence and escalation of the Sino-American tussle. Virus numbers from the US continue to flash red signals with the latest addition in new cases refreshing a record above three million. Figures from California and Los Angeles County have also surged by over 10,201 and 4,015 respectively. Elsewhere, Victoria marked weakness in the numbers from 191 to 134 while Beijing bucked the trend with zero cases for the second day in a row. Talking about the geopolitics, US Secretary of State Mike Pompeo raised bars for Chinese diplomat visas while also being in talks with other Trump administration members to undermine the Hong Kong dollar peg. Further, Australia warned citizens to travel to the dragon nation of arbitrary detention. Though, Chinese policymakers shrug off all to establish a new security law office in Hong Kong. It should be noted that the fears of the virus resurgence and global tussles with the dragon nation portrayed a downbeat performance of Wall Street on Tuesday. Also marking the risk-off sentiment were the US 10-year Treasury yields that dropped 4.4 basis points (bps) to revisit the multi-week low, currently around 0.65%. Given the qualitative catalysts’ dominance over the market mood, a light calendar is less likely to disappoint the market watchers. However, the optimists are likely to wait for a bit longer before retaking the reins. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Coronavirus update: Victoria reports 134 new infections, 860 active cases FX Street 3 years S&P 500 Futures bounces off 3,132 to defy the previous day’s downbeat performance. US coronavirus cases crossed 3 million mark, numbers from Victoria recede while Beijing holds zero figure. China witnesses further hardships from the US but chooses to open a new national security office in Hong Kong. S&P 500 Futures recovers from a two-day low while taking the bids near 3,147, up 0.30% on a day, during Wednesday’s Asian session. The US equity gauge took a U-turn from a three-week top the previous day amid the fears of the coronavirus (COVID-19) resurgence and escalation of the Sino-American tussle. Virus… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.