Australia's PM Morrison urges state leaders to stick to plan to re-open

Ross J Burland FXStreet

Australia's Prime Minister Morrison urges state leaders to stick to plan to re-open.

`However, states have been continuing to push back against the terms of a nationally agreed plan to open up the country once vaccination rates hit 70% and 80%, warning the worsening Covid crisis in NSW could yet be a dealbreaker.

Meanwhile, the merit of Australia’s 20-year mission in Afghanistan is expected to be debated in the lower house on Monday, while the government has prioritised national security laws, disability support reform and changes to the way elections are run on its legislation program.

There has been no market reaction to the PM's comments this far.

Meanwhile, NSW state has recorded 818 new locally acquired cases of COVID-19.

Nevertheless, AUD/USD is currently trading 0.18% higher on the day as the greenback gives back some ground following Friday's risk-on Wall Street session.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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