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Ipreo Global ECM Review: The Week Ended July 21, 2017

Ipreo Global ECM Review: The Week Ended July 21, 2017

In U.S. economic news, import prices excluding oil for June rose 0.1%, coming in ahead of last month’s flat reading, while export prices excluding agriculture for the same month reported a flat reading, rising from the upwardly-revised 0.4% decrease seen in May. Elsewhere, Spain’s trade deficit climbed to EUR 1.43 billion for the month of May from EUR 0.94 billion reported in the prior-year period. Finally, Japan announced a merchandise trade surplus of ¥439.907 billion in June, down 35.9% on year and below expectations for a surplus of ¥488.0 billion following the ¥204.2 billion deficit in May.