Australian November Services PMI 46.0 (prior 47.9) ...Middle East

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Judo Bank / S&P Global November Services PMI comes in at a dismal 46.0, which is its lowest reading (outside of periods of lockdown during the pandemic) in the survey's 8-year historyprior 47.9Composite is 46.2prior 47.6Last week we had the flash reading for manufacturing and services Australian preliminary PMI for November: Manufacturing 47.7 (prior 48.2)Followed by the final for the November manufacturing PMI:Australian November Manufacturing PMI 47.7 (prior 48.2)Key points made in today's report:Incoming new business declines at fastest rate in over two years Marginally faster job creation recorded Price pressures intensifyCommentary from the report, in brief:“Complicating the economic p

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