United States S&P Global Composite PMI down to 53.6 in May from previous 53.8

Jun 3, 2022

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

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