Summary

• The benchmark ASX 200 fell by as much as 2% on Friday as the big miners and banks sagged
• Investors were rattled by a 9.5% quarterly drop in US GDP. Volatility was further stoked when President Donald Trump proposed delaying the November 3 election 
• Victoria has reported 627 new virus cases and eight more deaths. QLD has one more case, and NSW 21. 
• The Aussie dollar was trading at US72.20c, a level not seen since February 2019