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Ipreo Global ECM Review: The Week Ended January 2, 2015

Ipreo Global ECM Review: The Week Ended January 2, 2015

In U.S. economic news, the ISM Index in December decreased to 55.5, failing to meet estimates of 57.5 and dropping from the previous reading of 58.7. Meanwhile, in U.K. economic news, Nationwide Housing Prices rose 7.2% year-over-year in December, just below economists’ expectations of 7.5% growth, and coming in beneath the previous 8.5% upsurge. Separately, Singapore’s GDP expanded 1.5% in the fourth quarter of 2014, down from the 2.8% growth seen in the third quarter.

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