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The ASX200 is eyeing a fall of 0.4% at the open as investors weigh up that the NSW restrictions could shave 0.1% off this quarter’s economic growth according to Citi analysts.
Pfizer’s vaccine has been approved for use in the EU, while half a million people have already received the first dose of the vaccine in the UK. There are concerns that a new COVID-19 strain is in the UK and is spreading much faster, which has triggered more severe lockdowns and travel restrictions across Europe. Health authorities do say there is no evidence of a higher death rate in the new mutated strain.
In the US, Moderna is shipping its first batch of its vaccine.
US lawmakers agreed on a US$900 billion rescue package including direct payments of $600 to most adults and $600 per child.
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