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Ipreo Global ECM Review: The Week Ended October 3, 2014

Ipreo Global ECM Review: The Week Ended October 3, 2014

In U.S. economic news, the MBA Mortgage Index slipped 0.2% for the week ended September 27, slowing from the drop of 4.1% in the prior week, while core PCE prices rose 0.1%, besting consensus expectations of flat growth. Elsewhere, The U.K. Services Purchasing Managers’ Index fell to 58.7 in September from August’s 60.5. Separately, South Korea’s industrial production fell 3.8% in August, well below the prior-month’s 1.5% gain and economists’ estimates of a 0.4% increase.

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