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b'Wednesday 3rd March 2021All eyes will be on Australia\\u2019s GDP read this morning, which NAB\\u2019s Ray Attrill says is expected to be close to 3% growth QoQ, driven by consumer spending. The warnings yesterday from China\\u2019s banking regulator, Mr Guo Shuqing, that the US and Europe face bubbles from excessive leverage haven\\u2019t had any lasting impact. The RBA continued to provide guidance that rate rises weren\\u2019t likely until 2024 and made it clear that the $4 billion purchases announced on Monday were simply a bring forward, so we can assume they will be compensated by lesser purchases to keep the schedule on-track. Tonight the US ADP employment numbers will be a focal point ahead of non-farm payrolls at the end of the week.

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