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Ipreo Global ECM Review: The Week Ended December 29, 2014

Ipreo Global ECM Review: The Week Ended December 29, 2014

In U.S. economic news, durable orders fell 0.7% in November after October’s 0.3% rise, missing estimates of a 2.7% rise, as durable goods – ex. trans. dropped 0.4% in the month after October’s 1.0% decline, also missing forecasts. Elsewhere, the November German Import Price Index declined 2.1% year-over-year, falling at a greater rate than the 1.9% dip anticipated by economists, and coming in below the previous 1.2% drop in the previous period. Finally, Japan’s unemployment rate came in at 3.5% in November, unchanged from October, and in-line with expectations.