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Market Update: Ipreo Global ECM Review -The Week Ended July 07, 2018

Market Update: Ipreo Global ECM Review -The Week Ended July 07, 2018

In U.S. economic news, average hourly earnings for themonth of June registered a 0.2% rise, lower than both consensus estimates and the prior-period increase of 0.3%. The French manufacturing PMI for June came in at 52.5, missing the both consensus estimates, and the May reading of 53.1. Japan’s household spending dropped 1.4% on-year during May, the Ministry of Internal Affairs and Communicaitons announced, coming in at 281,307 yen. This figure beat consensus expectations for a dip of 1.5% and was lower than the 1.4% decrease seen in April.

Global ECM – 7.06.18