This week, investors can watch the performance of major emerging markets’ manufacturing PMIs for September 2017. These indicators are:
- India’s (INDA) manufacturing PMI
- China’s (FXI) manufacturing PMI
- Brazil’s (EWZ) manufacturing PMI
- Russia’s (RSX) manufacturing PMI
- Mexico’s manufacturing PMI
- China’s (YINN) retail sales
Performance of ACWI
It’s important for investors to track both emerging economies (EEM) (VWO) and developed economies (EFA) to understand the performance of the global economy. In 2017, global economic growth has been gradually improving. The improvement in emerging and developed economies have added value to the performance of the global economy (ACWI).
Both the manufacturing and services PMIs of these emerging nations should show how both industries are performing in the economy. The manufacturing and service sectors represent a sizeable percentage of many emerging markets’ GDP figures.
It’s important for investors to understand the performance of emerging markets to assess how much they add to the performance of the overall global economy. The change in fundamental factors such as the change in demographics, improvement in consumer demand, and the domestic economy support the movement of the emerging markets.