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Ipreo Global ECM Review: The Week Ended January 29, 2016

Ipreo Global ECM Review: The Week Ended January 29, 2016

Global ECM – 1.29.16

In U.S. economic news, economic news, GDP-Adv. for the fourth-quarter grew 0.7%, falling from a 2.0% increase, and below consensus estimates of 0.9%. Additionally, the GDP deflator for the fourth-quarter grew 0.8%, below the prior quarter’s 1.3% growth, and below economists’ estimates of 0.9%. Elsewhere, The Bank of Japan announced plans to apply a -0.1% interest rate on current accounts that financial institutions maintain at the bank in order to achieve its 2.0% inflation target.