22.04.2020 CORONAVIRUS UPDATE Daily Analysis

22.04.2020 CORONAVIRUS UPDATE Daily Analysis

The European countries are planning on easing the restriction that was put in the countries because of the Covid-19   this news actually made the European stock markets earlier to gain but turmoil in the oil market continued to demand a degree of caution as there is still excessive supply with no demand due to the travel bans teasing its lockdown and stay at home orders from the 4th  of May and this was announced by Giuseppe who is the Prime Minister of Italy and the Prime Minister of Spain Pedro Sanchez are planning to take down some of the restrictions in the second half of May and these are the two countries that were hit so bad by the virus with over 45 000 deaths. Today the number of people who got infected with the virus has reached 2,573,750 with 701,886 people that recovered and 178,564 deaths.