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Ipreo Global ECM Review: The Week Ended November 24, 2017

In U.S. economic news, durable orders for October fell 1.2%, below the prior-period’s 2.2% increase and missing analysts’ estimates of 0.4% growth. Germany’s GDP grew 0.8% sequentially, expanding from the 0.6% reported in the second quarter and in-line with economists’ estimates. Taiwan’s third-quarter real GDP grew by 3.10% year-over-year, slightly lower than the previous estimate of 3.11%, and higher than the upwardly-revised 2.28% on-year growth reported in the second quarter.

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.”

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