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
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.