You'd never know it given the market moves

The latest OECD leading indicators suggest that all is not lost in China and that Europe has a "stable momentum"

Highlights from the Nov index;

  • OECD area 99.8 unch
  • Eurozone 100.6 unch
  • China 98.4 vs 98.3 prior
  • US 99.1 vs 99.2 prior
  • UK 99.1 vs 99.3 prior
  • Germany 99.9 unch

The index is supposed to signal trend changes if they move above or below the 100 mark