Investing.com - The economic slowdown in China may be set to end this year, while the growth outlook for the euro zone is steady, the Organisation for Economic Co-operation and Development said Monday.
OECD said that its monthly leading economic indicator, supposed to capture economic turning points, showed signs of stabilization in China, but pointed to slowdowns in the U.S. and the U.K.
On an index where 100 represents the long-term average, China stood at 98.4, up from 98.3 in the previous month's report.
The reading on the euro zone economy remained unchanged at 100.6.
The U.S. reading edged down to 99.1 from 99.2, while the U.K. reading dipped to 99.1 from 99.3.