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Ipreo Global ECM Review: The Week Ended May 5, 2017

Ipreo Global ECM Review: The Week Ended May 5, 2017

In U.S. economic news, personal spending for March remained flat, matching the prior month and falling short of projections of 0.1% increase. Meanwhile, Germany’s unemployment rate fell a seasonally-adjusted 15,000 to 2.453 million in April, higher than economists’ estimated decline of 11,000. Elsewhere, Hong Kong’s retail sales increased 3.1% year-over-year in March, reversing from a 5.8% decline in February, and ahead of economists’ expectations of a 0.9% drop.

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