The past week, several key economic indicators have shaped the global economic outlook, with significant developments in both developed and emerging markets. In the United States, the ISM Services PMI rose to 52.4 in October, marking the strongest expansion in the services sector since February. Business activity and new orders both rebounded significantly. However, the employment index remained below the neutral level at 48.2, reflecting some caution in hiring, partly due to

India’s economy showed resilience last week with record PMI readings, falling unemployment, and steady infrastructure growth, even as global inflation trends and U.S. tariff pressures added a note of caution.

A sharp drop in India’s inflation, China’s growing trade surplus, and inflationary trends in the US and UK shaped the global economic narrative this week. Here's a concise look at the key highlights and what they could mean going forward.

This week’s market update brings a mix of encouraging signs and cautious moves. China’s inflation nudged higher, Canada saw a surprise drop in unemployment, and India’s forex reserves dipped slightly. A quick look at how global economic shifts are shaping the outlook.