May Services News Today

Inflation data out of US and China; central bank announcements from the BoC, RBNZ, BoK, while meeting minutes from the ECB and Riksbank are also due for release.

The Irish services sector powered ahead in June, defying signs of slowdown in the wider European economy.

According to AIB, Irish service providers registered a marked improvement in the health of the sector last month.

According to AIB, ongoing demand strength continued to support sustained Irish service sector growth last month.

US ISM Services PMI dropped from 51.9 to 50.3 in May, below expectation of 52.6. Looking at some details, business activity/production dropped from 52.0 to 51.5. New orders dropped from 56.1 to 52.9. Employment dropped from 50.8 to 49.2. Prices dropped from 59.6 to 56.2.

/PRNewswire/ -- Economic activity in the services sector expanded in May for the fifth consecutive month as the Services PMI® registered 50.3 percent, say the...

/PRNewswire/ -- Economic activity in the services sector grew in May for the 24th month in a row — with the Services PMI® registering 55.9 percent — say the...

The AUD/USD pair trades near a daily high of 0.7269 and at levels that were last seen in April, as the broad greenback’s weakness coupled with rising

6/3/2021 9:15:26 AM GMT | By Pablo Piovano EUR/USD fades the initial optimism and recedes below 1.2200. The dollar attempts a recovery ahead of key data releases. Final May EMU Services PMI came in above consensus. The single currency resumes the downside after a positive start of the session and now drags EUR/USD back below the key support at 1.2200 the figure. EUR/USD meets support near the 20-day SMA EUR/USD sheds ground for the third consecutive sess...

/PRNewswire/ -- Economic activity in the services sector grew in May for the 12th month in a row, say the nations purchasing and supply executives in the...