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Market Mantra: Australian shares decline on US Fed taper woes

With interest rates hikes expected soon we expect many sectors to continue to struggle in the near future, with more pains for holders of Buy Now Pay Later stocks.

Market Mantra: Omicron concerns dragging Australian shares to red

Moving ahead there are a few releases to watch out for in the lead up to Christmas with the Reserve Bank Board minutes to be released on Tuesday, weekly payroll jobs and wages on Wednesday and private sector credit on Thursday.

Australia announces new changes to international travel arrangements, Here’ details

From today, All arrivals to Australia require a negative COVID-19 PCR test within three days of travel and by law must complete Australian traveller declaration forms declaring their vaccination status.

Market Mantra: Down, down, down! Omicron worries dominate Australian shares

While it is largely expected the RBA will make no changes to its monetary policy, the traders will be looking forward to RBA’s commentary surrounding bond yields and purchases as that would be pivotal for interest rates.

Here are the steps WHO recommends individuals take against Omicron COVID-19

It is also not yet clear whether infection with Omicron causes more severe disease compared to infections with other variants, including Delta.

Visa holders and International students need to wait till 15 December as Federal government Pauses return

It is a temporary decision and will ensure Australia can gather the information needed to better understand the Omicron variant, including the efficacy of the vaccine.

Must-read

Melbourne family shattered by loss of 16-year-old son, calls for better pedestrian protection

Chris Rua Antony died in hospital on February 20, a week after he was struck by a car while walking home from school along Pound Road in Narre Warren South.

Gaza’s endless War: Proxies, misinformation, and the civilians caught in between

Many senior Hamas leaders have lived for years in luxury abroad, in places such as Qatar and elsewhere, far removed from the consequences of the war they help direct.

Albanese and ministers join Ramadan celebrations, encouraging wider community participation

Social Services Minister Tanya Plibersek described Ramadan nights in Lakemba as one of Sydney’s great traditions, pointing to the bustling streets and strong sense of community.
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