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Ipreo Global ECM Review: The Week Ended February 3, 2017

Ipreo Global ECM Review: The Week Ended February 3, 2017

In U.S. economic news, January’s ISM index read 56.0, topping estimates of 55.0, while the ISM Services Index read 56.5, missing consensus estimates of 57.0. Elsewhere, the Eurozone composite purchasing managers’ index was reported as 53.4 in January, not changing from the prior-month, yet above consensus estimates of 54.3. Finally, Japan’s consumer sentiment index grew to 43.2 in January from 43.1 in December, representing the highest reading since the 45.4 posted in September 2013.