The Day Today 14th September 2021

  • UK set to announce booster jabs for over 50s.
  • US storm Nicholas strengthened to a hurricane and is set to batter the Gulf Coast of Texas.
  • Norway’s left-wing opposition won a significant election victory, this means all five Nordic countries will now have a left-wing PM for the first time in 62 years.
  • Australia NAB Business Confidence index rose slightly to -5.
  • RBA’s Lowe pushed back on the market pricing rate rises “next year or early 2023”.
  • China Evergrande has hired advisers and issued a dire assessment of its financial health.
  • Apple issued a security update for vulnerabilities that allowed NSO Group to infect Apple products.

S&P500 finished 0.2% higher on Monday, breaking a five day losing streak. Asia equity markets are steady, the Nikkei is on course for its highest close since 1990.

The Week That Was and Will Be

On this day in 1960 OPEC was founded in Baghdad by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.

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