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Ipreo Global ECM Review: The Week Ended February 6, 2015

Ipreo Global ECM Review: The Week Ended February 6, 2015

In U.S. economic news, factory orders fell 3.4% in December, down from the prior month and missing estimates, while the MBA Mortgage Index for January 31 rose 1.3%, up from the prior week’s 3.2% decline. Elsewhere, Eurozone producer prices fell 2.7% year-over-year in December, widening from the prior month’s 1.6% fall and below economists’ projections of 2.5%. Meanwhile, Japan’s services PMI fell to 51.3 in January, below the 51.7 reading in December, but above the reading of 50 that separates expansion and contraction.

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