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Reading the July Services PMIs of Major Developed Nations

PART:
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Reading the July Services PMIs of Major Developed Nations PART 1 OF 10

The Latest Key Economic Indicators from Developed Nations

Key economic indicators

The key global indicators released this week include the following:

  • US (QQQ) (SPY) Services PMI (purchasing managers’ index)
  • France (EWQ) Services PMI
  • Germany (EWG) Services PMI
  • Spain Services PMI
  • Eurozone Services PMI
  • Japan (EWJ) Services PMI
  • UK (EWU) Services PMI
  • US inflation

The Latest Key Economic Indicators from Developed Nations

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Indicators are important for investors and market participants because they show the actual picture of a country’s economic health and help investors to identify short-term economic trends and changes in market sentiments.

Series overview

In this series, we’ll take a look at the services PMIs for major developed nations including the United States (QQQ) (IWM), France, Germany, Spain, the Eurozone, Japan, and the UK. The services PMIs showed somewhat weaker figures for July 2017. Services PMI reports indicate the trend of service activity, new orders, export orders, and employment numbers in an economy.

In the next part of this series (below), we’ll analyze the performance of the US Services PMI for July 2017.

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