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Ipreo Global ECM Review: The Week Ended March 31, 2017

Ipreo Global ECM Review: The Week Ended March 31, 2017

In U.S. economic news, the third estimate for fourth-quarter GDP was reported as an expansion of 2.1%, higher than the prior-period’s 1.9% expansion, and above predictions of a 2.0% increase. Elsewhere, Germany’s unemployment rate came in at an adjusted 3.9% for the month of February, matching that of January’s, yet the rate declined from 4.3% in February 2016. Finally, Japan’s consumer price inflation edged up 0.3% on year in February, coming in below January’s 0.4% increase and topping expectations of a 0.2% rise.