Summary

• The ASX 200 rose as much as 1.4% to climb back above 6000 at Wednesday's open, following Wall Street higher
• June quarter GDP data is due at 11.30am AEST. A quarterly contraction of between 5% and 7.2% is expected, confirming Australia's slide into recession
• Wealth giant AMP has announced it will undertake a portfolio review of its assets and businesses
• Agricultural chemicals and seed company Nufarm has flagged about $215m of non-cash impairments relating to its European operations