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Australia hot for COVID shots

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COVID vaccines, news media laws, UK unemployment and the US economy are all in the spotlight in the Grafa week ahead.

The long-awaited rollout of a COVID-19 vaccine begins across Australia today, with 80,000 initial doses of the Pfizer jab to be given to frontline health and quarantine workers, as well as residents and staff at aged care and disability centres.

Last week’s approval of the AstraZeneca vaccine also clears the way for local manufacturing, with biotech company CSL expected to produce about 50 million doses at its Melbourne facility.

Meanwhile, all eyes will be on the Australian Government’s negotiations with Facebook following the tech giant’s gigantic dummy spit last week over paying for news content.

Showing Mark Zuckerberg who’s boss, the news media code could be passed by Parliament as early as Monday.

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Tuesday 18:00 AEDT
GBP Jobs Data

Has the UK’s unemployment rate improved on the 5% reading in January?

Tuesday 21:00 AEDT
EUR CPI (MoM) (YoY)

How have the prices of key goods and services changed in the past month?

Wednesday 11:30am AEDT
AUD Wage Price Index (Q4)

Has Australia’s wages bill grown in the past three months?

Friday 00:30am AEDT
US GDP (Q4)

How is the US economy tracking?

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Pay day for Afterpay?

Reporting season continues, with ASX-listed companies like Nine Entertainment, Qantas, Youfoodz, Afterpay and Zip Co all due to reveal half-year results - and to what extent the pandemic has impacted their bottom line.

On the economic calendar, a snapshot of UK unemployment is released on Tuesday, while Europe’s latest CPI data will reveal which sectors are weighing on the price of goods and services.

Later in the week, the state of Australia’s wages bill is unveiled. And how is the health of the US economy tracking? We find out when GDP figures come out on Friday.

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