Equity markets as a result of rather Economic Data than a growing number of Coronavirus Infections. Stoxx 600 up 1. 2 . German is spanish stocks outperforming. The vix overnight broke out. That is another important signal for what may come. U. S. Treasury yields unchanged. Initially drifting lower after some skepticism. Urodollar up 0. 8 eurozone unemployment data will show if this story around an economic rebound is accelerating. Brent crude on an upside, 1. 2 higher. We had the saudi cuts, the opec cuts, and the demand growth will never return to the levels precovid. Lets get to the bloomberg first word news. The u. S. House passed the sanctions bill in response to the Chinese Security law targeting chinese officials cracking down on prodemocracy protesters. The bill needs to be approved by the senate and the president. The number of daily coronavirus cases in the u. S. Talked 50,000 for the first time. Topped 50,000 for the first time. Mexico is topping spain to have the sixth most