Headline gains mask a weaker October as China's industrial profit recovery loses steam..China's industrial profits remained positive over the first ten months of the year, rising 1.9% from a year earlier, according to data from the National Bureau of Statistics.
South Korea keeps rates steady as FX risks limit easing scope.South Korea's central bank kept interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see how the government's steps to cool Seoul's property market play out.
South Korea holds rates as expected.South Korea's central bank kept policy interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see how the government's steps to cool Seoul's property market play out.
Australian data: Q3 Private Capital Expenditure headline +6.4% q/q (vs. +0.5% expected).AustralianQ3 Private Capital Expenditure Building capex rose 2.1% q/q (previous 0.2%). Plant and machinery capex jumped 11.5% q/q.
Australia Private Capital Expenditure above forecasts (0.5%) in 3Q: Actual (6.4%).Australia Private Capital Expenditure above forecasts (0.5%) in 3Q: Actual (6.4%)