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Ipreo Global ECM Review: The Week Ended December 23, 2016

Ipreo Global ECM Review: The Week Ended December 23, 2016

In U.S. economic news, the third estimate for Q3 GDP showed a 3.5% increase, surpassing the prior estimate of 3.2% growth and consensus of a 3.3% jump, while the third estimate for Q3 GDP increased 1.4%, matching both the prior reading and forecasts. In EMEA news, the U.K.’s GDP grew 0.6% in Q3 from Q2, higher than the previous 0.5% estimate, and marking the fifteenth consecutive quarter of positive growth since Q1 2013. In APAC news, India’s wholesale prices grew 3.15% year-over-year in November, slower than October’s 3.39% increase, and slightly ahead of estimates of a 3.10% rise.