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Ipreo Global ECM Review: The Week Ended February 24, 2017

Ipreo Global ECM Review: The Week Ended February 24, 2017

In U.S. economic news, Michigan Sentiment for February read 96.3, above both the prior reading of 95.7 and estimates of 95.8. Existing home sales for January came in at 5.69M, above the prior-period’s upwardly-revised 5.51M and beating estimates of 5.57M. Elsewhere, mortgage approvals in the U.K. grew to a one-year high in January settling at 44,657, moving forward from the 43,581 reported in December. Singapore’s industrial production grew 2.2% year-over-year in January, missing economists’ expectations of a 9.5% jump, and well below December’s 22.2% spike.

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