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On the Aussie COVID-19 vaccine front – Novavax’s COVID-19 vaccine candidates showed strong efficacy against the virus. This sparks good news for Australia’s vaccine strategy – as the federal Government has made the Novavax shot one of the key parts of its rollout and has 51 million doses placed on order.
Given, the news of the Novavax vaccine, as well as the reasonably positive start to Wall Street’s week, the Aussie share market looks set to lift 0.80% or 56 points higher to 7,368 points if you go by the futures.
US eco data out this week includes retail sales data for May, which is out today at 10:30pm AEST and on Thursday, the Fed will announce their interest rate decision.
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