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Ipreo Global ECM Review: The Week Ended June 10, 2016

Ipreo Global ECM Review: The Week Ended June 10, 2016

In U.S. economic news, the revised estimate of productivity for the first quarter showed a decrease of 0.6%, increasing from the original estimate of a 1.0% decrease and matching expectations. Wholesale inventories for April rose 0.6%, higher than both forecasts of 0.1% and the prior month’s upwardly-revised 0.2% jump. U.K. construction output expanded by 2.5% in April representing the first expansion seen in four months, following a 3.5% decrease in the month of March, and above consensus estimates of a 1.2% increase.