Investing.com - Here are the top five things you need to know today in financial markets:
1. China's manufacturing hits 3-year low
Manufacturing activity in China fell to a three-year low, adding to concern over the health of the world's second largest economy
2. Global shares mostly higher
Global stock markets were mostly higher on Tuesday, as hopes for more stimulus in China and Europe boosted appetite for riskier assets
3. British banks pass stress tests
All U.K.-based banks passed the country's annual stress tests, which measure the British banking sector's ability to handle global financial shocks.
4. Australian, Indian Central Banks Stick To Status Quo
The Australian and Indian central banks kept monetary policy steady ahead of an impending rate hike by the Federal Reserve later this month.
5. Euro zone unemployment rate falls to 4-year low
The euro zone’s unemployment rate fell to 10.7% in October, the lowest rate recorded in the euro area since January 2012.