There are several important economic indicators that investors should watch this week:
Performance of ACWI
The performance of the iShares MSCI All Country World Index ETF (ACWI) depends on the performance of the above global indicators. It’s important for investors to track the performance of these indicators to identify the movement of the global market.
The most important indicators for investors to watch this week are services PMIs. Like monthly manufacturing PMI reports, services PMI reports also show service activity, output, new orders, export orders, and employment numbers. They help us to assess the growth and trends in world services activity. Many policymakers use these services PMI reports to make important policy decisions.
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