Europes prices drop, US shares rise, Aussie GDP today
b'Wednesday 2nd September 2020Deflation in Europe comes as no surprise, just as the shift in the Fed\\u2019s monetary policy seems likeold news, but NAB\\u2019s Gavin Friend explains how the markets are still adjusting to it. Data releases have largely been positive, with a higher than expected increase in the USA ISM, and the Caixin PMI for China is at its highest level since 2011. So, what can we expect from Australia\\u2019s GDP numbers for Q2? Will they signal that the RBA, and the government, needs to do more to help the economy recover?
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