Markets have been buoyed by positive COVID-19 vaccine news, which could correspond with stronger economic activity and demand for commodities next year.
A strong rebound as the recovery begins. GDP rose by a large 3.3% in Q3, following the sharp 7% fall in Q2.
Australians are expecting lasting changes in their post COVID behaviours, but a growing number of us are yearning to return to our “old lives”.
A desire for social connection is fundamental to our wellbeing; being deprived of it can pose significant mental and physical consequences.
At a high level, commodity prices broadly strengthened in August (with coal and gold the notable exceptions).
GDP is expected to decline by 5.8% (-5.1% y/y) in Q2 – the largest quarterly fall on record.
A number of commodity markets saw stronger prices in June –particularly base metals, gold and oil.
How Australians are changing their behaviours, their biggest fears, and what of the “new normal”.
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