Market WATCh Weekly 11 December 2020

Market WATCh Weekly 11 December 2020

December 11, 2020

In Australia, consumer and business confidence have both surged above pre-COVID levels. The residential property price index edged up as the Australian economy re-opened outside of Victoria in Q3. Job ads surged in November on the easing of containment measures in Melbourne.
Offshore, the ECB expanded and extended its bond-buying program as expected. Chinese trade data reported the fastest rise in exports in over two years. Euro area confidence improved as the pandemic decelerated across Europe and a COVID-19 vaccine is nearing EU-wide approval. The UK started administering the Pfizer vaccine this week.

Download PDF