There is now infighting in the White House, where Meadows, Trump’s Chief of Staff, contradicted the statements made by Trump’s medical team regarding the President’s health a couple of days after it became known that Donald Trump has contracted the coronavirus.
The President’s doctor stated that Trump is experiencing only mild symptoms at first, but subsequently stated that Trump has a high fever and has experienced a shortage of oxygen twice over the weekend. On Friday Trump was moved from the White House into a hospital and is currently receiving a mixture of Covid-19 treatments.
Despite doubts over the severity of Trump’s coronavirus infection, some have suggested that the President could be released today.
In light of Trump’s disease, and with a disappointment from some of last week’s fundamental reports, the US government seems closer to a compromise on a possible stimulus bill. House Speaker Nancy Pelosi seemed optimistic, suggesting that the President’s getting sick has changed the way the White House feels about coronavirus relief measures.
US stock indices sighed in relief on the news and today we are seeing them reclaim much of the ground they lost last week when news of Trump’s sickness first hit them.
With the coming of the fall, the coronavirus is also becoming the dominant topic in other countries as they continue to struggle with the coronavirus pandemic. Europe is seeing infections all around, with France, Spain, and the UK currently responsible for the highest increases. Russia is also seeing a second wave at the moment, while South America and Asia appear to be slowing down.
Today there are also a couple of highlights on the economic calendar. Germany’s PMI reports were better than the forecasts; news in Europe will also be influenced by a eurogroup video conference. The eurozone’s retail sales report also exceeded the forecasts at 3.7% in August.
The United Kingdom released PMI reports for September which were better than anticipated. The US will be releasing its own PMIs later today.
