Yahoo Finance ASX to open higher as 16 million Aussies wake up in lockdown
Good Morning
ASX: The local market is set to open up today after closing at a record high yesterday.
It was the second consecutive day of record heights for the ASX though there was some pullback at the end as investors learned of Victoria’s latest lockdown.
Wall St: The Nasdaq and S&P 500 have closed at their highest levels ever after data showed US unemployment claims declined further last week along with other mixed economic data in anticipation around Friday's job's report.
Lockdown 6.0: Melbourne has been plunged into its sixth lockdown as the state attempts to keep the highly virulent delta strain at bay.
RBA scrutinized: RBA governor Philip Lowe will be quizzed by the House of Representatives economic committee today on the economic outlook and the RBA's monetary policy actions.
The committee will also be scrutinising the RBA's response to the recent COVID-19 outbreaks and lockdowns in Australia's cities.
Ditch $300 payments: An expert has said calls for $300 payments for Aussies who get the vaccine is not the best way to reach the 70 per cent vaccination rate.
Instead, this behavioural economist suggests opt out appointments are the way to go.
10% pay rise: An expert has warned Aussie employers are vulnerable to losing their top talent as recruiters observe a “mass exodus” of workers looking for new jobs.
Check out the most in demand Aussies who are the most likely to get poached by the competition.
Aussie, Aussie, Aussie: The Aussies have taken home 17 gold medals now in the 2020 Tokyo Olympics. You can check out all the Olympic news here.
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