Has Australia’s economy turned the corner on COVID? – Money Mate
Has Australia’s economy turned the corner on COVID?
Australia’s economy gets its quarterly report card this week, with the September quarter GDP results set to be announced on Wednesday.
Economists are predicting a positive number for the quarter, but the year to date figure is still lower overall.
Two consecutive quarters of GDP growth would signal an end to the COVID-led recession.
Building approvals (Oct)
Is Australia’s housing sector recovering?
Tuesday 14.30am AEDTRBA interest rate decision (Dec)
Will the RBA keep rates at near record lows?
Wednesday 11.30am AEDTGDP (QoQ) (Q3)
Will the Australian economy emerge from the recession?
Friday 12.30am AEDTRetail sales (MoM) (Oct)
How much shopping have we been doing as borders reopen?
Is the economy emerging from the COVID recession?
It will be a busy week with the release of key economic indicators that give investors a clue about the shape of the Australian economy.Aside from the GDP number, we’ll also get some insight about building approvals and retail sales.Good numbers may bode well for the Australian sharemarket and the Aussie dollar.
Read the full story
in the Grafa app
To read the full article and more in the Grafa app, available on all app stores.
Track the trends
Get the hot tips first
Stay close to your investments
Learn to trade like a pro
Let your money entertain you
See more stories like this
Similar stories
Which stocks are shooting up today?
After the first 20 minutes of trade, these are the stocks that are shooting higher
...read more
Currencies while you were sleeping
The Australian dollar was higher against the major currencies overnight. The Aussie dollar is buying
...read more
Crypto while you were sleeping
CRYPTO TOP 10 CLUB Here are the gainers and losers out of the Top 10
...read more
Drill down into today’s commodities
Today’s prices for the basket of key commodities tracked by Grafa are as follows: The
...read more
What to expect on the ASX today
ASX Futures trading higher ahead of the market open in Sydney. Dow Jones closed up
...read more
The cryptos making waves in the afternoon
CRYPTO TOP 10 CLUB Here are the gainers and losers out of the Top 10
...read more
The price we have to pay: Australian businesses reveal
48% of businesses say they will not raise prices, primarily due to the desire to
...read more
The biggest movers of the flyweight cryptos today
Of the micro cryptos, these ones were the movers. Mcashchain rose 338.90% to US$0.015, closing
...read moreSee more stories like this
