A woman wearing a face mask waits at Terminal 4 of the Madrid-Barajas Adolfo Suarez Airport in Barajas on April 7, 2020. - Spain's daily coronavirus death rate shot up to 743 after falling for four straight days, lifting the total toll to 13,798, the health ministry said. The number of new infections in the world's second hardest-hit country after Italy also grew at a faster pace, rising 4.1 percent to 140,510, it added. (Photo by JAVIER SORIANO / AFP)

Trade of the Day: Equities, futures surge on coronavirus retreat; US Treasuries, gold weaken 

Quote of the Day: “BCA Research’s US Equity Strategy has shown that it takes a median two full years for the SPX to make fresh all-time highs following a bear market. Based on the median and mean profile of the bear market recoveries since WWII, the SPX will not make any fresh all-time highs until early 2022,” the macro research firm said in a note.

Stock of the day: Anta Sports surged as much as 10.5% after the sports goods manufacturer and trader announced a surge in operating cashflow which jumped 68% even though cash balances declined and gearing ratio soared.        

Number of the Day: 191. The number of countries that allow visa-free entry for holders of passports from Japan, which topped the Passport Index. With 3.5 billion people, nearly half the global population, presently living in voluntary or mandatory confinement, the latest results from the index raise challenging questions about what travel freedom and global mobility really mean, both currently and in a deeply uncertain post-pandemic future, the index complier Henley & Partners said in a statement. 

For the complete version of this article please go to our financial site, Asia Times Financial.

Asia Times Financial is now live. Linking accurate news, insightful analysis and local knowledge with the ATF China Bond 50 Index, the world's first benchmark cross sector Chinese Bond Indices. Read ATF now.