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Ipreo Global ECM Review: The Week Ended November 17, 2017

In U.S. economic news, retail sales grew 0.2% in October, below the prior month’s upwardly-revised 1.9% rise, but besting estimates of a 0.1% gain. The U.K. retails grew 0.3% in October, ahead of economists’ predictions of a 0.2% gain. Moody’s has announced that they have upgraded Indian sovereign debt from Baa3 to Baa2. Economic and institutional reforms prompted the ratings agency to make the change which indicates a change from “stable” to “positive.”

Ipreo Global ECM Review: The Week Ended November 10, 2017

In U.S. economic news, wholesale inventories grew 0.3% in September, below the downwardly-revised 0.8% gain seen in the prior month, and in-line with consensus estimates. Elsewhere, the UK industrial production grew 0.7% in September, more than doubling the 0.3% expansion seen in August, and besting economists’ estimates of a 0.3% gain. Finally, Hong Kong’s GDP grew 3.6% on year in the third quarter, slowing pace from the 3.9% growth realized in the second quarter, and maintaining the downward trend as the first quarter saw a 4.3% expansion.

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