Shorts – Summaries

The Day Today 2nd December 2021

Public health officials in California confirmed the first known case of Omicron in the US, the traveller was fully vaccinated. South Korea has broken its daily record of coronavirus infections for a second straight day. Australia Trade Balance A$11.22bn vs f/c A$11bn. Australia’s Chief Medical Officer, Paul Kelly, said there is no indication Omicron is…

Read more >

The Day Today 1st December 2021

Powell: “the economy is very strong and inflationary pressures are high, and it is therefore appropriate in my view to consider wrapping up the taper of our asset purchases… perhaps a few months sooner”, and as for ‘transitory’, it’s “a good time to retire that word”. Australia Q3 GDP fell 1.9% qoq vs f/c -2.7%,…

Read more >

The Day Today 30th November 2021

Moderna CEO expects “a material drop” in vaccine effectiveness, “all the scientists I’ve talked to… are like ‘this is not going to be good’”, he expects to know more in two weeks but cautions production of a billion doses will take until the summer. Australia tracking down contacts of vaccinated Omicron infected international traveller who spent time in Sydney…

Read more >

The Day Today 29th November 2021

Fed Bostic said he is hopeful the momentum of the US economy will carry it through the next wave of the pandemic and he is open to a faster taper. Face masks will be compulsory in shops and public transport in England from 4am on Tuesday to contain the spread of Omicron: JCVI scientists will…

Read more >

The Day Today 25th November 2021

Fed Daly has her eye on next jobs and CPI reports as ‘if things continue to do what they’ve been doing, then I would completely support an accelerated pace of tapering”, she suggests “one or two” rate hikes could be appropriate “at the latter part” of next year. Fed Minutes include how “Various participants noted that the (policy-setting) Committee…

Read more >