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Ipreo Global ECM Review: The Week Ended November 21, 2014

Ipreo Global ECM Review: The Week Ended November 21, 2014

In U.S. economic news, industrial production slipped 0.1% during Oct, slowing from the prior 0.8% advance, while capacity utilization shrank from 79.2% to 78.9%, both underperforming expectations. Elsewhere, the U.K. witnessed a 2.3% year-over-year increase to the Oct Retail Price Index, in line with consensus estimates. Finally, the People’s Bank of China cut the one-year lending rate by 40 basis points to 5.6%, while the one-year deposit rate was reduced by 25 basis points to 2.75%.

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