Key Economic Indicators This Week for Major Developed Nations
Key economic indicators
Below are the key global indicators released this week:
- US (QQQ) (SPY) Services PMI (Purchasing Managers’ Index)
- France (EWQ) Services PMI
- Germany (EWG) Services PMI
- Eurozone Services PMI
- Japan (EWJ) Services PMI
- UK (EWU) Services PMI
- US ADP National Employment Report
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Indicators are important for investors and market participants because they provide a picture of a country’s economic health. They help investors identify short-term economic trends and changes in market sentiments.
In this series, we’ll take a look at the final services PMIs of the major developed nations for June 2017. Services PMIs are important indicators that help us understand the performance of the service industry.
Monthly services PMI reports show service activity, output, new orders, export orders, and employment numbers. They help us assess the growth and trends in world service activity.
Let’s start by analyzing the performance of the US services PMI for June 2017.