What factors affect global indices?
Countries with stable, growing economies tend to be viewed more favourably and attract capital. There are a number of regular economic releases that can impact attitudes toward economic growth and in turn, the outlook for the index. These include: Gross Domestic Product (GDP), Purchasing Managers Indices (PMIs), employment, retail sales, industrial production, consumer confidence and other data.
Attitudes towards risk
Over the long term, some countries tend to be more cyclical than others. During times of uncertainty and fear, traders may flock to defensive positions, such as government bonds and precious metals. During times when confidence improves and sentiment turns positive traders may move into more cyclical, resource or emerging markets.