There are several important economic indicators you should watch this week:
- Germany’s (EWG) ZEW Economic Sentiment
- Eurozone’s (EZU) (HEDJ) Sentix Investor Confidence
- China’s (FXI) (MCHI) trade balance
- US crude oil inventories
Performance of ACWI
The performance of the iShares MSCI ACWI (ACWI) depends on the performance of the above global indicators. It’s important to track the performance of these indicators to identify the movement of the global market.
The most important indicator for this week is economic sentiment. The Economic Sentiment Index shows the condition of the economy and investor confidence. If these indicators show improvement, then the overall economic condition should also improve.
For more information, you can read Ray Dalio Predicts ‘Dangerous Situation’ in the Debt Market.