Germany's Scholz: Will discuss certain adjustments in corporate taxation

German Finance Minister Scholz crossed the wires in the last minutes, saying that they will discuss certain adjustments in corporate taxation and will present a proposal soon.

Key quotes (via Reuters)

  • Germany should not enter race to the bottom on corporate tax level.
  • US will not be able to sustain high level of public debt in the long run.

UK: Construction PMI unexpectedly declined to 48.6 in May - TDS

Analysts at TD Securities note that the UK’s construction PMI unexpectedly declined in May to 48.6, its lowest reading since the Beast of the East-inf
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USD/TRY prints 2-month lows near 5.80

The Turkish Lira is appreciating for yet another session and has dragged USD/TRY to fresh 2-month lows in the 5.80 neighbourhood, where it is now look
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