Australian leading economic index falls 0.1% in September

Market news

18 November 2015

Australian leading economic index falls 0.1% in September

The Conference Board (CB) released its leading economic index for Australia on late Tuesday evening. The leading economic index decreased 0.1% in September, after a 0.4% drop in August.

The decrease was driven by a drop in building approvals and share prices.

The coincident index was up 0.2% in September, after a 0.4% gain in August.

The rise was driven by an increase in household gross disposable income, retail trade and industrial production.

Federal Reserve Chairwoman Janet Yellen: Congress should reject a reform bill on the Fed’s transparency

French Prime Minister Manuel Valls: the government will likely miss the EU budget deficit target

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.