Market WATCh Weekly 30 October 2020

Market WATCh Weekly 30 October 2020

October 30, 2020

In Australia, the CPI rebounded in Q3, helped by the end of free childcare and a rise in petrol prices. Export prices continued to fall in Q3, dragged down by the strong Australian dollar. Private sector credit growth remained weak in September. In the US, GDP rebounded strongly in Q3, core capital goods orders saw further strong growth in September and jobless claims continued to fall. The ECB signalled further easing is coming as COVID ravages Europe.

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