Australia’s Westpac leading index climbs to 0.3%, signaling stabilization, not an upturn

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-au1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Westpac Leading Index in Australia showed an encouraging rise from -0.39% to 0.30% in November, marking the first positive, above-trend reading since mid-2022. However, Westpac cautioned that this uptick might be influenced by temporary factors. Also, the shift in underlying momentum, as RBA’s tightening begins to slow, is seen more as a stabilization rather than […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/532506-australias-westpac-leading-index-climbs-to-0-3-signaling-stabilization-not-an-upturn/">Australia’s Westpac leading index climbs to 0.3%, signaling stabilization, not an upturn</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>