The Nasdaq-100 index has outperformed the S&P 500 Index in 2017, rising 20.0% YTD compared to a 6.4% rise for the S&P 500 as of August 25, 2017.
The Nasdaq-100 index has had a stellar year, rising 20.0% year-to-date as of August 25, 2017. In the process, it has been creating new all-time highs.
The most important indicators next week are the global flash manufacturing PMIs. Manufacturing PMIs are important indicators for the economy.
The Germany ZEW Economic Sentiment Index is at ten in August 2017—compared to 17.5 in July 2017. It didn’t meet the market’s expectation of 15.0.
According to a report by the Centre for European Economic Research (ZEW), the Eurozone ZEW Economic Sentiment Index fell to 29.3 in August.
According to Eurostat, the Eurozone’s economy posted a growth rate of 0.6% in 2Q17. In 1Q17, the economy posted a growth rate of 0.5%.
On a year-over-year basis, the Eurozone Inflation Index was at 1.3% in July 2017—the same as in June, according to data provided by Eurostat.
According to a report by the Office for National Statistics, on a monthly basis, the United Kingdom’s inflation fell 0.1 in July 2017.
The stronger improvement in consumer sentiment indicates that consumers’ overall economic outlook has remained positive so far in August 2017.
According to data provided by the U.S. Census Bureau, US retail sales rose 0.6% in July 2017, which beat the market’s expectations of a 0.4% rise.
Indicators are important for investors and market participants—they show a picture of a country’s economic health.
The emerging markets high yield bond market has grown tremendously over the past 10 years, from $56 billion at the end of 2007 to $440 billion as of June 30,…
Compared to U.S. high yield bonds, emerging markets high yield bonds offered a 90 bps yield pickup as of June 30, 2017.1 The extra yield came with a lower duration (3.75…
The most important indicators for this week will be US retail sales, the UK’s CPI, and US consumer sentiment.
The US Consumer Price Index rose 0.1% in July 2017, compared with no change in June 2017, falling short of the market’s expectations of a 0.20% rise.
The UK Services PMI stood at 53.8 in July 2017, compared with 53.4 in May, beating the market expectation of 53.6.
The Japan Services PMI stood at 52.0 in July 2017, compared with 53.3 in June 2017, missing the market expectation of 53.3.
The Spain Services PMI stood at 57.6 in July, compared with 58.3 in June. The PMI figure didn’t meet the preliminary market estimation of 58.3.
The Eurozone Services PMI remained unchanged in July 2017, coming in at 55.4 but missing the preliminary market estimation.
The July Germany Services PMI stood at 53.1, compared with 54.0 in June 2017, falling short of the preliminary market’s estimation of 53.5.