Scoreboard: Oil slip

A lower oil price put pressure on offshore markets, while the Australian dollar regained lost ground.

In the US, new claims for unemployment insurance (jobless claims) rose by 12,000 to 290,000 in the latest week. The Job Opening and Labour Turnover (JOLTS) figures show job openings fell from a six-year high of 4.853 million in August to 4.725 million in September, below forecasts centred on 4.823m.

In China, retail sales in October were up 11.5 per cent on a year ago while sales in the month rose by 0.98 per cent -- the fastest growth in five months. Production in October was up 7.7 per cent over the year.

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