Separate report on Private Capital Expenditure showed that the trend volume estimate for total new capital expenditure rose by 1.1% in the September quarter 2017 while the seasonally adjusted estimate rose by 1.0%. The trend volume estimate for buildings and structures rose by 1.0% in the September quarter 2017 while the seasonally adjusted estimate rose by 1.2%. The trend volume estimate for equipment, plant and machinery rose by 1.2% in the September quarter 2017 while the seasonally adjusted estimate rose by 0.7%.
In the US session Unemployment Claims data will be published. In the week ending November 25, the advance figure for seasonally adjusted initial claims was 238,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 239,000 to 240,000. The 4-week moving average was 242,250, an increase of 2,250 from the previous week's revised average. The previous week's average was revised up by 250 from 239,750 to 240,000. Claims taking procedures continue to be disrupted in the Virgin Islands.
There will be no major data releases from Australia tomorrow. In the US session ISM Manufacturing PMI figures will be released. Analysts predict decline to 58.4.
Figures to watch:
ISM Manufacturing PMI (Friday 16:00)
