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Ipreo Global ECM Review: The Week Ended June 26, 2015

Ipreo Global ECM Review: The Week Ended June 26, 2015

In U.S. economic news, the third estimate for Q1 GDP indicated a contraction of 0.2%, above the prior estimate of a 0.7% contraction, while the third estimate for the GDP deflator was flat, ahead of both expectations and the prior-estimate of a 0.1% decline. Separately, Germany’s import prices slid 0.8% year-over-year in May, down from the prior-month’s 0.6% decrease and below economists’ expectations of a 0.4% fall. Finally, Japan’s unemployment rate was a seasonally adjusted 3.3% in May, unchanged and matching economists’ expectations.