Forex
globalreutersNovember 19, 20241 Mins read
Australian Leading Index first clear ‘above-trend’ result since November 2023
globalreutersNovember 19, 20241 Mins read Westpac Leading Index, in brief:
- Leading Index has moved into positive territory, from –0.20% in September to +0.26% in October.
- This provides a tentative signal that growth momentum is set to improve from its current nadir.
- Improvements mostly centred on components related to consumer sentiment and commodity prices.
This article was written by Eamonn Sheridan at www.forexlive.com.
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