The Organization for Economic Cooperation and Development (OECD) released its leading indicators on Monday. The composite leading indicator increased to 100.5 in November from 100.4 in October.

The leading indicators signalled stable growth momentum for the United States, Canada and China, while it showed a slowdown in Germany, Italy, Russia and the U.K.

Lower level of momentum is expected in France, Brazil and in the whole Eurozone.

The economic growth of the U.S. and Canada will remain at current level.

The leading indicators for China, India and Japan indicate positive and firming changes.

The OECD's leading indicators provide early signals of turning points between the expansion and slowdown of economic activity.