US markets rattled by GDP decline
CommSec’s Tom Piotrowski says the unexpected decline in US GDP served as an “important catalyst” to early market activity.
“That was a really important catalyst in the early stages of US trade,” Mr Piotrowski said.
“To see that contraction of a third of a per cent for the US economy, which was below the market’s expectations, was a bucket of cold water.”
Presented by CommSec.
