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Ipreo Global ECM Review: The Week Ended April 29, 2016

Ipreo Global ECM Review: The Week Ended April 29, 2016

In U.S. economic news, GDP-adv. for the first quarter grew 0.5%, lower than the prior quarter’s 1.4% increase, and below expectations of a 0.9% increase. Italy’s consumer price index fell 0.4% year-over-year after a 0.2% drop in March, and missed economists’ forecast of a 0.2% decrease. Finally, The Bank of Japan voted to hold its monetary base expansion at a pace of JPY 80 trillion per year, and kept its negative interest rate unchanged.