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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Australia Looks At November Re-Open From Lockdowns
SYDNEY (MNI) - Australia is on course to ease lockdowns and open up its economy by mid-November, a prospect which concerns health experts but which plays into the Reserve Bank of Australia's view that the economy will rebound strongly in early 2022.
The most populous state of New South Wales is set to ease some restrictions in mid-October and the economy will open up when more than 70% of the population is double vaccinated, according to public health notices. Daily new case levels have continued to be a concern however, Currently 40.4% of the national population have been double vaccinated and 65.9% have had one jab.
Last week, the RBA noted the extended pandemic lockdowns are doing damage to the economic recovery, prompting an extension of its bond buying programme "until a least mid-February" next year as it left rates on hold at a record low 0.10%, see: MNI STATE OF PLAY: Lockdowns Force RBA To Extend QE.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.