Scoreboard: Sentimental lift

Positive data supported US investor sentiment overnight, while European shares were mixed over weaker eurozone manufacturing numbers.

In the US, the Philadelphia Fed Business Activity Index lifted from 20.7 to 40.8 in October -- its highest reading since 1993. The new orders sub-index was at the highest level in 26 years. US Consumer prices were unchanged in October to be 1.7 per cent higher than a year ago. The tame result was driven by a slide in energy prices (-1.9 per cent) and gasoline prices (-3 per cent) in October.

Excluding food and energy, prices were up 0.2 per cent to be up 1.8 per cent on a year ago.


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