FX News

Weekly Key Points: 2021-06-04

Key Points:

  • Worldwide coronavirus cases surpass 172.886 million with over 3.716 million official deaths.
  • Japan’s senior medical advisor has warned Japanese officials against staging the Olympic Games on the 23rd of July based on the strain it could put on healthcare workers.
  • Goldman Sachs are predicting 750,000 print for tonight’s NFP release much higher than the 645,000 analysts are forecasting. 
  • President Biden’s administration is considering opening its proposal to raise corporate tax to 28% 
  • New Melbourne community spread coronavirus infections are expected to draw out Thursday’s lockdown reopening which will have economic impacts as there is no current federal government wage support program.
  • The Australian economy grew by 1.8% in the March quarter reflecting recent easing of coronavirus restrictions and a labour market recovery. 
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