Shorts – Summaries

The Day Today 23rd July 2021

Sydney tightened its lockdown as New South Wales reported its biggest daily rise in new virus cases this year. UK supermarket depot workers and suppliers will be exempt from quarantine to prevent food shortages due to the “pingdemic”. UK recorded nearly 10,000 fewer Covid cases on Thursday compared to a week earlier. Pfizer shot just…

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The Day Today 22nd July 2021

Bipartisan group of Senators said of the infrastructure package “close to final agreement” despite Republicans blocking progress so far. Australian Covid cases spiked again and their PM apologised for a sluggish vaccination programme. US Treasury market had another testing time after a 20-year auction fared poorly. Olympics opening ceremony director dismissed on eve of event….

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The Day Today 21st July 2021

Australia June Retail Sales -1.8% vs -0.5% exp as lockdowns bite. Australia’s two largest states see increase in infections. Heaviest rainfall in “1,000 years” hits Zhengzhou in China, city of 12 million. Bipartisan infrastructure bill flounders on IRS funding squabble. Sectors in UK reporting faster growth drop in Lloyds Bank survey. London staff want £5,100 pay rise to return to the office, survey suggests. IFS warns Chancellor…

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The Day Today 20th July 2021

US advises travellers to avoid the UK. Australia, Victoria state extended its lockdown and tightened border restrictions with Sydney; South Australia reintroduced restrictions. Japan Inflation rose 0.2% yoy vs f/c -0.1%. China held its benchmark lending rate unchanged, for the 15th straight month. RBA Minutes said “conditions for an increase in the cash rate would not…

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The Day Today 19th July 2021

Fed Kashkari said in an NPR interview; “The US economy went through a very abrupt shutdown…now it’s going through a reopening, and you’re seeing many sectors of the economy struggle…I’m not seeing any evidence yet that we’re going to have sustained high inflation”. US Surgeon General concerned Covid-19 “misinformation is still spreading like wildfire”; “this…

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