Welcome to the Real Vision Daily Briefing, where our team of journalists analyze the most important events of the day within the framework of key real vision themes that's macro liquidity market structure

and crypto we cover it all Hi, I'm Nick Korea for Real Vision.

It's Tuesday, April 14th, 2020.

We have Real Vision's Ash Bennington and Ed Harrison standing by for their market analysis, but before we go to

them, let's take a quick look at the latest news and data on the ongoing coronavirus pandemic.

In the US, daily net active cases are slowing down, if you look at the five day moving average.

We're seeing that across the country, in California, in Texas as well, and in Michigan.

But even though the growth rate has stalled, the virus is still growing in the US,

well above the replacement rate, as seen in the chart of total active cases, which currently stands at 530,000.

19 states now have more than 5,000 confirmed cases.

The death count for the US continues to mount.

It will likely breach 25,000 by day's end. In Europe, it's a similar story.

We're seeing a plateauing of daily net active cases, but an increase in net active cases.

Spain is commanding a greater percentage of European deaths from

the virus and may soon eclipse Italy. In Asia some countries are seeing an increase

in daily net cases and Singapore seems to be reporting a second wave,

same with Indonesia and India.

While China yesterday reported the highest number of confirmed cases

since March 4th.

In other news, the IMF today announced it foresees the greatest economic slowdown since the Great

Depression, predicting a global GDP contraction of 3%.

While Britain's Office for Budget Responsibility forecasted a massive 13% collapse in GDP for the United Kingdom,

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