The key points from today’s economic news, brought to you by Guardian Stockbrokers.

US budget deficit rose in November
Budget deficit in the US widened to $136.65 billion in November, following a budget deficit of $44.20 billion in the previous month. Market anticipation was for the nation to post a budget deficit of $130.00 billion.
Japanese machine tool orders recorded a drop in November
The flash machine tool orders in Japan recorded a drop of 5.60% in November on a YoY basis. Machine tool orders had fallen 8.90% in the prior month.
Japanese net employment outlook remained flat in 1Q 2017
The net employment outlook remained unchanged at a level of 23.00% in 1Q 2017, in Japan.
Japanese tertiary industry index advanced less than expected in October
On a MoM basis, the tertiary industry index registered a rise of 0.20% in Japan, in October, less than market expectations for a rise of 0.30%. In the prior month, the tertiary industry index had dropped 0.10%.
Chinese industrial production advanced more than expected in November
On a YoY basis in China, industrial production rose 6.20% in November, higher than market expectations for an advance of 6.10%. Industrial production had advanced 6.10% in the previous month.
Chinese fixed assets investment excl. rural YTD advanced as expected in November
Fixed assets investment excl. rural YTD registered a rise of 8.30% on a YoY basis in November, in China, meeting market expectations. Fixed assets investment excl. rural YTD had registered a similar rise in the prior month.
Chinese retail sales rose more than expected in November
In China, retail sales advanced 10.80% in November on an annual basis, higher than market expectations for an advance of 10.20%. In the prior month, retail sales had registered a rise of 10.00%.
Chinese industrial production (YTD) advanced as expected in November
On an annual basis in China, industrial production (YTD) climbed 6.00% in November, meeting market expectations. Industrial production (YTD) had registered a similar rise in the prior month.
Chinese employment outlook registered a drop in 1Q 2017
In 1Q 2017, employment outlook in China registered a drop to 4.00%. Employment outlook had recorded a level of 5.00% in the previous quarter.
Chinese retail sales (YTD) rose more than expected in November
Retail sales (YTD) rose 10.40% on an annual basis in China, in November, higher than market expectations for a rise of 10.30%. Retail sales (YTD) had risen 10.30% in the prior month.
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