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Reporting on key macro data at the time of release.
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- Equity futures and risk proxy currencies rally in response to Dow Jones headlines citing Pfizer-BioNTech as saying that while a two-dose regime of their regular COVID jab loses effectiveness against the Omicron variant, it may still successfully prevent severe disease and a three-jab regime neutralizes the variant well.
- AUD rallies alongside stock markets, with AUD/USD narrowing the gap with overnight highs of 0.7143 on the move.