November Services PMIs: What They Say about Developed Markets



Key economic indicators

Below are some important global indicators released last week that we’ll be covering in this series:

  • US (SPY) (SPX-INDEX) Services PMI (Purchasing Managers’ Index)
  • UK (EWU) (UKX-INDEX) Services PMI
  • Eurozone Services PMI
  • Germany (EWG) Services PMI
  • France (EWQ) Services PMI
  • Spain Services PMI
  • Japan (EWJ) Services PMI
  • ADP National Employment Report
  • US Non-Farm Payroll

Indicators are important for global investors as they give us an overall view of the current economic scenario. Short-term market movements also depend on the performances of these indicators.

Article continues below advertisement

Series overview

In this series, we’ll analyze the November performances of the services PMIs for major developed economies, including the United States, the United Kingdom, the Eurozone, Germany, France, Spain, and Japan. Services PMIs are important indicators that help us understand the condition of the service industries in various countries. For more information, be sure to read our series on how the manufacturing PMIs of major developed nations performed in November 2017.

Let’s start by analyzing the performance of the US ADP National Employment Report for November 2017.


More From Market Realist