United States S&P Global Services PMI fell from previous 53.5 to 53.4 in May

United States S&P Global Services PMI fell from previous 53.5 to 53.4 in May
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RBA expected to hike rates by 25 bps next week – UOB

Lee Sue Ann, Economist at UOB Group, suggests the RBA would hike the OCR by 25 bps at the June 7 meeting. Key Quotes “We recognise that a 40bps hike a
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