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Ipreo Global ECM Review: The Week Ended February 20, 2015

Ipreo Global ECM Review: The Week Ended February 20, 2015

In U.S. economic news, the Empire Manufacturing Index in February fell to 7.8, sliding from a prior 9.9 result, and below consensus estimates of a 9.0 reading. Elsewhere, Markit’s measure of Eurozone business activity rose to 53.5 in February, up from January’s 52.6 and ahead of the expected 53.0 reading. Japan’s industrial production rose by a seasonally-adjusted 0.8% month-over-month in December, revised from the 1.0% increase estimated earlier, and marking a reversal from November’s 0.5% decline.

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