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, whether it's macro liquidity market

structure or crypto, we cover it all. Hi, I'm Nick Korea for Real Vision. It's Wednesday, April 15th, 2020. We have Real Vision's

Ash Bennington and Roger Hurst 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 Europe the active case curve still hasn't peaked.

While yesterday, the US set a new record for the most deaths in a single day.

In New York, the active case curve has still not yet peaked.

While New York Governor Andrew Cuomo has ordered everyone in the state to wear a mask when in public.

It's not all bad news though.

Globally, the growth of new cases is slowing rapidly and could even decline soon.

And recoveries are steadily increasing, a promising sign.

As of today, over half a million people worldwide have recovered from the coronavirus.

A GMI analysis found that the US has more critical care beds. from the

GMI analysis found that the US has more critical care beds on a per capita basis than any other country.

In other news, the US Department of Commerce today reported that the nation's retail sales in March contracted by 8.7%.

That's compared to February's data and it's a seasonally adjusted figure.

This marks the biggest month-over-month decline in U.S. retail sales since 1992.

To make things worse, that wasn't even the bleakest economic indicator released today.

U.S. Home Builder sentiment plummeted this past month, according to the NAHB Housing Market Index. It went from 72 to 30, the greatest

one month decline in the 30-year history of the index. And now, let's get to some price action.

For stocks, the US.S. market showed some weakness,

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