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Highlights;

  • Global equity markets staged a sharp recovery through October 

  • China cut interest rates for the sixth time in 12 months

  • US economic data remains positive 

  • US Federal Reserve provides clarity on interest rate increases 

  • The ECB considering further quantitative easing 

  • Australian business credit growth shows positive recovery

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

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