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Ipreo APAC ECM Weekly – May 6, 2016

Ipreo APAC ECM Weekly – May 6, 2016

In economic news, Japan’s services PMI fell to 49.3 in April from 50.0 in March, marking the country’s first service activity decline in over a year. Meanwhile, Hong Kong’s retail sales fell 9.8% year-over-year in March, slower than February’s 20.6%plunge. Elsewhere, Australia’s retail sales grew a seasonally adjusted 0.4% on month in March, following February’s
upwardly-revised 0.1% gain, and topping economists’ estimates of a 0.3% expansion.
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