Economic indicators

There are some important emerging market economic indicators that investors should watch this week:

  • 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

Economic Indicators Investors Should Watch this Week

Performance of the global market

The performance of the global market (ACWI) mostly depends on the performance of emerging nations (EEM) and developed nations (EFA). The iShares MSCI ACWI ETF (ACWI), which tracks the performance of the global market, rose nearly 2.1% in October 2017.

We previously discussed how the manufacturing PMIs and services PMIs of the developed nations performed in October 2017. It is important for global investors to be aware of the conditions of the manufacturing and service sectors of emerging nations and developed nations.

In a future series, we’ll discuss how the manufacturing and service sectors of emerging nations performed in October 2017.

Latest articles

HEXO reported its third-quarter earnings on June 12. The company reported revenues of $13.0 million, which fell short of analysts’ estimate.

The Hot Chips 31 Symposium started this week. Artificial intelligence was the hot topic among participants Intel, NVIDIA, and Advanced Micro Devices.

Today, Slack (WORK) opened 4.5% higher after MKM Partners analyst Rohit Kulkarni gave Slack stock a "buy" rating with a target price of $40.

Today, Aphria announced a deal with ParcelPal to deliver medical cannabis to patients. Also, Cole Cacciavillani's son has won a cannabis store license.

Today, IHS Markit released the US manufacturing PMI (purchasing managers’ index) data for August. The manufacturing PMI hit 49.9, down from 50.4 in July.

On May 1, smokable hemp will be banned in North Carolina. The state passed the North Carolina Farm Act, removing smokable hemp from its permissible list.