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Ipreo Global ECM Review: The Week Ended May 22, 2015

Ipreo Global ECM Review: The Week Ended May 22, 2015

In U.S. economic news, housing starts increased to 1.135 million in April, as building permits rose to 1.143 million, both surpassing expectations. Meanwhile, Germany’s GDP grew 0.3% sequentially in the first quarter, down from the 0.7% sequential growth seen in the fourth quarter of last year. Finally, Hong Kong’s inflation rate expanded by 2.8% at an annualized rate in April, down significantly from March’s 4.5% year-over-year gain.