Top Insights
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.
Related Articles
Nomura flag higher tariffs, weaker global demand, more policy uncertainty to weigh on Asia
A note from Nomura argues that:Asia is better prepared for Trump’s second...
ICYMI – China left benchmark lending rates unchanged for November, as expected
China left benchmark lending rates unchanged today, in line with market expectations:...
PBOC sets USD/ CNY mid-point today at 7.1935 (vs. estimate at 7.2386)
The People's Bank of China set the onshore yuan (CNY) reference rate...
“Yen Weakens as Japan’s Verbal Warnings Appear to Be Losing Effectiveness”
A snippet from the Wall Street Journal on the lower yen in...
Leave a comment