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Melbourne in lockdown limbo: state locked down with no end in sight

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Sydney and Melbourne will both remain in lockdown this week amid a growing number of new Covid-19 infections

Victorian state premier Daniel Andrews has announced that Covid-19 lockdown will not end tomorrow night.

Twelve million Australians are now in Covid-19 lockdown, with hundreds of new cases. In New South Wales, authorities recorded 111 new cases in the previous 24 hours, up from 97 the day before. Around 80% of these infections are from three areas in Sydney.

The state government has banned more than 600,000 people from these hotspot areas from leaving their districts, even for work. Workers in the health or emergency sector are exempt, but need to be tested every three days. These restrictions will stay in place until at least the end of the month.

It follows the New South Wales Premier, Gladys Berejiklian saying it may take up to five more days before the impact of the state’s tougher restrictions become clear.

Premier extends Melbourne lockdown

Just last weekend, Melbourne recorded its 11th-straight day of zero new Covid-19 infections. Now, the city is days into a snap lockdown, which the government planned to end tomorrow.

State Premier Daniel Andrews says ending the lockdown would “not be the right thing to do”. There will be no further advice as to when the lockdown will end until tomorrow.

People wait in line outside a coronavirus disease (COVID-19) vaccination centre at Sydney Olympic Park in Sydney, Australia, July 14, 2021. REUTERS/Jane Wardell

Australia’s vaccination roll-out

As many Australians go into lockdown, some good news is on the horizon. Amid the lockdowns, Australia’s lacklustre vaccination rollout program will get a much needed boost. One million new Pfizer Covid vaccination doses will arrive in Australia today.

The nation’s Covid-19 Taskforce Commander hopes to see an acceleration in vaccination rates. He says every Australian who wants a jab will have one by the end of the year.

Australia now has 13 per cent of the population fully vaccinated, with 10 million doses now administered. Australia has recorded 31,632 coronavirus cases and 913 deaths since the pandemic began.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

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U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.


U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.

The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.

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Gold hits record highs as investors flee risk

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

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Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.


Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.

The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.

Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.

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Markets edge higher as 10-year yields hit new highs

Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.

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Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.


All major stock indices are starting the week slightly higher, giving investors cautious optimism. Analysts are keeping an eye on movements in small caps and mega-cap tech stocks amid these early gains.

The yield on the 10-year Treasury note has climbed to 4.23%, the highest since last September. This follows Kevin Warsh emerging as the frontrunner for the next Federal Reserve Chair, sparking speculation on future monetary policy.

Rising yields could trigger a pullback in small-cap stocks, while investors may pivot toward mega-cap tech, expected to deliver strong earnings growth. Overall, the market is likely to see a neutral to slightly bearish trend next week due to overbought conditions.

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