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Diary: GDP the Local Bellwether
It’s an end of month, start of month week for markets here and offshore with some important economic data such as the June quarter GDP figures for Australia, August jobs and unemployment for the US and the start of month surveys of manufacturing and service sector activity around the world, starting with China tomorrow. As well September 1 sees the OPEC+ group meet to ponder lifting the output cap by 400,000 barrels a month for the next few months. The rise in Covid Delta infections and its impact on oil demand will be a major issue. In Australia the focus will be on June quarter GDP (Wednesday) and national ... (full story)