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Economic Indicators We Should Watch This Week

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Updated

Economic indicators

Here are some key economic indicators we should watch this week:

  • Eurozone (N100-INDEX) ZEW Economic Sentiment Index
  • Germany (DAX-INDEX) ZEW Economic Sentiment Index
  • Eurozone (VGK) consumer confidence
  • Germany Ifo Business Climate
  • Eurozone inflation
  • US Flash Manufacturing PMI (Purchasing Managers’ Index)
  • Eurozone Flash Manufacturing PMI
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Performance of the global markets

The iShares MSCI ACWI (ACWI), which tracks the performance of the global markets, showed a strong movement in January 2018, rising 7.5%. However, it fell 3% from February 1–16, 2018. Major markets around the globe also showed nervousness during that period.

Global growth peaked in January 2018, creating concern for market participants. The expectation of a more aggressive interest rate hike by the Fed added more nervousness to the recent market sell-off, and one market fall led to another. Investors around the globe also reduced their positions in the equity markets.

However, if we see these indicators rise significantly, we could see a further upside in the global markets.

You may also be interested in reading Recent Macroeconomic Data Add to Stock Market Worries.

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