The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone consumer confidence index dropped as expected in November
In the Euro-zone, the final consumer confidence index eased to a level of -17.60 in November, in line with market forecast and compared to a revised reading of -15.50 in the previous month.
Euro-zone economic sentiment indicator fell less than expected in November
In the Euro-zone, the economic sentiment indicator dropped to a reading of 87.60 in November, compared to a revised level of 91.10 in the previous month. Markets were anticipating the economic sentiment indicator to drop to a level of 86.50.
Euro-zone business climate indicator rose in November
In the Euro-zone, the business climate indicator rose to a level of 0.63 in November, compared to a level of -0.73 in the previous month.
Chinese manufacturing PMI rose more than expected in November
In China, the manufacturing PMI registered a rise to a reading of 52.10 in November, compared to a level of 51.40 in the prior month. Markets were anticipating the NBS manufacturing PMI to rise to a level of 51.50.
Australian private sector credit demand remained unchanged in October
In Australia, private sector credit demand remained flat on a MoM basis in October, compared to a revised flat reading in the prior month.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.