The Trader 

Market Outlook: Australia November PMIs weaker

The Trader

Published by Commonwealth Bank today – not Westpac which is in the middle of a money laundering scandal – November Purchasing Manager’s indices dropped from October’s readings. The services and composite readings were 49.5, and have been zig-zagging either side of 50 all this year; the manufacturing reading, at 49.9, is a new record low.

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