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Ipreo Global ECM Review: The Week Ended May 12, 2017

Ipreo Global ECM Review: The Week Ended May 12, 2017

In U.S. economic news, import prices excluding oil rose 0.3% in April, gaining from the prior period’s 0.2% increase, while export prices excluding agriculture expanded 0.1%, matching the prior month’s gain. Elsewhere, German GDP growth was recorded as a 0.6% quarterly increase in the first quarter, higher than the 0.4% increase seen in the prior quarter, and in-line with consensus estimates. Finally, China’s exports grew 8.0% in April from the prior year, however, failed to meet the anticipated growth of 11.3% and March’s 16.4% increase.