All three key US indices fell 1 per cent or more in overnight trade, with Australia's share market poised to follow.
Follow the day's financial news and insights from our specialist business reporters on our live blog.If you missed RBA Governor Michele Bullock's comments on the blog yesterday, here's a great summary from Michael Janda.
Here's Alan Kohler's finance segment, with charts of the weekly petrol spending of the typical family, the oil price and unemployment and average wages in Gaza and the West Bank.But sometimes its difficult to believe the economic data it creates, because it is contradicted by real-life events like the turmoil at building developer Evergrande.
But there was a large downward revision to Q2 GDP growth which now stands at 0.5%/yr, compared to 0.8%/yr previously. For 2023, we expect the Chinese economy to expand by a lacklustre 5.0%/yr.
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