Australian GDP growth disappoints
Australia’s economy grew less than expected in the third quarter, registering quarterly growth of 0.3% and on-year growth of 2.7%, data from the Australian Bureau of Statistics showed.
http://www.ft.com/intl/fastft/244961/australia-q3-gdp-slows-2.7-growth (£)
China non-manufacturing PMI ticks up
Non-manufacturing activity in China ticked higher in November, with the reading for the official non-manufacturing index edging up to 53.9 from 53.8 in October, and the reading in HSBC Holdings’s version of the index also gaining one notch, to 53.0 from 52.9.
A reading above 50 signals expansion, while a reading below 50 indicates contraction.
http://www.ft.com/intl/fastft/244971/china-services-still-stuttering (£)
