Daily Insights BY THE CURVE TEAM –

Daily Insights – Lockdown Chaos

13th of August, 2021

More Lockdowns

  • ACT is in a 7-day lockdown.
  • Multiple council areas in NSW are in lockdown after covid cases.

UK GDP Growth

  • Up 4.8% for Q2.
  • Similar to Australia’s recovery at the end of last year and early this year, private consumption was the driver of growth, up 7.3%.
  • The spread of delta despite a near 60% of the population fully dosed remains an ongoing threat, especially due to the number of people self-isolating.

Reserve Bank of New Zealand

  • Getting in early for this – next week an increase in the cash rate is anticipated.
  • This follows an end of QE at last month’s meeting.

For the regular daily commentary readers – In the NRL, the Dragons at +22.5 looks like value. And to get to the top of the AFL tipping ladder, I need an underdog tip for the week. Any thoughts? joshua.stewart@curve.com.au

Josh Stewart

Associate - Money Markets