Coming up real soon in Australia – due at 2330GMT:

Westpac / Melbourne Institute (MI) Leading Index for November

  • prior was +0.03% (yes, that number is correct, barely changed)

Said Westpac of last month’s result:

  • The index continues to indicate that we can expect growth in the Australian economy to stay below trend in the final quarter of 2014 and into the first half of 2015
  • However the near 1ppt improvement in the negative deviation, on face value, gives some cause for optimism that momentum might be lifting sometime in the June quarter