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Highlights;

  • Global equity markets performances diverge significantly in November – Europe and Japan strong performers

  • China economic data shows further signs of stabilisation

  • US economic data continues to provide clear signs of an improving economy.

  • US Federal Reserve expected to commence interest rate increases in December.

  • Eurozone economic activity continues to improve

  • Australian business credit growth has further positive uplift

  • RBA maintains the cash rate  at 2.0% at its December meeting and remains on an accommodative policy

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