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Market Update: Ipreo Global ECM Review -The Week Ended April 27, 2018

Market Update: Ipreo Global ECM Review -The Week Ended April 27, 2018

In U.S economic news, durable orders for March grew 2.6%, beating consensus estimates of 1.9%, and lower than upwardly-revised prior month’s 3.5% growth. Durable goods excluding transportation remained flat in March, lower than estimates of 0.6%. The U.K. witnessed its weakest quarter of economic activity in over five years in Q1, attributing stagnant activity largely to severe weather. GDP expanded just 0.1%, the lowest mark since the fourth quarter of 2012. Economist’s estimates projected the economy growing by 0.3% in the quarter.  Taiwan’s real gross domestic product expanded 3.04% year‐over‐year in the first quarter, slower than the 3.28% rise seen in the third‐quarter, and below economists’ estimates of a 3.20% rise.

Global ECM – 4.27.18