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Global Services PMI and Consumer Sentiment: Weekly Indicators

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Global Services PMI and Consumer Sentiment: Weekly Indicators PART 1 OF 11

These Key Economic Indicators Were Released Last Week

Key economic indicators

If you’re a global investor, you should monitor economic indicators to understand the condition of the world’s economy (ACWI) (VTI). Indicators are important because they shed light on a country’s economic health. They help investors identify short-term economic trends and changes in market sentiment.

These Key Economic Indicators Were Released Last Week

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Below are some important global indicators that were released last week:

  • US Services PMI (Purchasing Managers’ Index)
  • UK (EWU) Services PMI
  • China (MCHI) (FXI) Services PMI
  • Germany (EWG) Services PMI
  • France Services PMI
  • Eurozone (EZU) (FEZ) Services PMI
  • Japan’s (EWJ) 3Q16 GDP
  • US (SPY) (QQQ) Consumer Sentiment
  • Eurozone Sentix Investor Confidence Index

Importance of services PMI

In this series, we’ll take a look at the global (VT) (ACWI) services PMIs for November 2016. Like manufacturing PMIs, services PMIs are important economic indicators. They help us understand the business condition of an economy.

In this series, we’ll also look at Japan’s third-quarter GDP, US consumer sentiment for December 2016, and the performance of the Eurozone Sentix Investor Confidence Index.

Let’s start by looking at the performance of the US Services PMI for November 2016.

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